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Motorola Solutions, Inc. — Director's Dealing 2006
Dec 29, 2006
29923_dirs_2006-12-29_ea2f7b8d-a5cb-4a0b-9e4a-597432dc0136.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: TUT SYSTEMS INC (TUTS)
CIK: 0000878436
Period of Report: 2006-12-20
Reporting Person: MOTOROLA INC (10% Owner)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 0 | Indirect |
Footnotes
F1: Motorola, Inc. ("Motorola") is filing this Form 3 solely because Motorola may be deemed a beneficial owner pursuant to Section 13(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), of 12,719,979 shares (the "Shares") of common stock of Tut Systems, Inc. ("Tut") that are subject to a Voting Agreement and Irrevocable Proxy dated as of December 20, 2006, entered into by Motorola with each of Kopp Investment Advisors, LLC, Kopp Holding Company, Kopp Funds, Inc. and Leroy C. Kopp (the "Voting Agreement") in connection with the Agreement and Plan of Merger, dated as of December 20, 2006, by and among Motorola, Motorola GTG Subsidiary V Corp., a wholly owned subsidiary of Motorola, and Tut (the "Merger Agreement"). For additional information regarding the Voting Agreement and the Merger Agreement, see the Schedule 13D filed by Motorola with the Securities and Exchange Commission on the date hereof.
F2: Motorola disclaims beneficial ownership of the Shares and this filing shall not be deemed an admission that Motorola is the beneficial owner of the Shares for purposes of Section 16 of the Exchange Act or for any other purpose. Motorola has no "pecuniary interest" in the Shares.