FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * WHITCHURCH CHARLES R   2. Issuer Name and Ticker or Trading Symbol ZEBRA TECHNOLOGIES CORP/DE [ZBRA] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chief Financial Officer (Last) (First) (Middle) 333 CORPORATE WOODS PARKWAY 3. Date of Earliest Transaction (Month/Day/Year) 03/23/2007 (Street) VERNON HILLS, IL 60061 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Class A Common Stock 03/23/2007   M   14,065 A $ 21.62 21,311 (5) D   Class A Common Stock 03/23/2007   M   11,810 A $ 25.23 33,121 (5) D   Class A Common Stock 03/23/2007   S   5,975 D $ 38.68 27,146 (5) D   Class A Common Stock 03/23/2007   S   6,200 D $ 38.7 20,946 (5) D   Class A Common Stock 03/23/2007   S   9,500 D $ 38.71 11,446 (5) D   Class A Common Stock 03/23/2007   S   500 D $ 38.72 10,946 (5) D   Class A Common Stock 03/23/2007   S   1,700 D $ 38.83 9,246 (5) D   Class A Common Stock 03/23/2007   S   1,500 D $ 38.84 7,746 (5) D   Class A Common Stock 03/23/2007   S   500 D $ 38.85 7,246 (5) D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Employee Stock Option

$ 43.35

(1)

02/06/2016

Class A Common Stock

6,920

6,920

D

Employee Stock Option

$ 21.62

03/23/2007

M

14,065

(2)

02/08/2012

Class A Common Stock

14,065

$ 0

0

D

Employee Stock Option

$ 25.23

03/23/2007

M

11,810

(3)

02/11/2013

Class A Common Stock

15,750

$ 0

3,940

D

Employee Stock Option

$ 51.62

(4)

02/07/2015

Class A Common Stock

9,686

9,686

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
WHITCHURCH CHARLES R 333 CORPORATE WOODS PARKWAY VERNON HILLS, IL 60061			Chief Financial Officer

Signatures

Charles R. Whitchurch		03/27/2007
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Of such options, 1,038 vested on February 6, 2007, 1,211 vest on February 6, 2008, 1,384 vest on February 6, 2009, 1,557 vest on February 6, 2010 and 1,730 vest on February 6, 2011.
(2)	Such options vested on February 8, 2007.
(3)	Of such options, 2,362 vested on February 11, 2004, 2,755 vested on February 11, 2005, 3,150 vested on February 11, 2006, 3,543 vested on February 11, 2007 and 3,940 vest on February 11, 2008.
(4)	Of such options, 1,453 vested on February 7, 2006, 1,695 vested on February 7, 2007, 1,937 vest on February 7, 2008, 2,179 vest on February 7, 2009 and 2,422 vest on February 7, 2010.
(5)	Of such shares, 4552 are restricted shares that will vest on 10/20/07.

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