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Motorola Solutions, Inc. — Director's Dealing 2007
Apr 3, 2007
29923_dirs_2007-04-03_7c19b88f-4eb9-4187-9b2c-b5cf7a1d1396.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MOTOROLA INC (MOT)
CIK: 0000068505
Period of Report: 2007-04-02
Reporting Person: MEREDITH THOMAS J (Director, Acting Chief Financial Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2007-04-02 | Restricted Stock Units | $ | A | 500000 | Acquired | 2009-04-02 | Common Stock (500000) | Direct |
| 2007-04-02 | Employee Stock Option (Right to Buy) | $17.56 | A | 250000 | Acquired | 2017-04-02 | Common Stock (250000) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Motorola, Inc. common stock. Restrictions lapse as follows: 165,000 units, representing 33% of the total initial granted restricted stock units, vest only if and to the extent the closing price for a share of the company's common stock meets or exceeds $20.00 for 10 trading days out of any 30 consecutive trading days; An additional 165,000 units, representing 33% of the total initial granted restricted stock units, vest only if and to the extent the closing price for a share of the company's common stock meets or exceeds $22.00 for 10 trading days out of any 30 consecutive trading days; The final 170,000 units, representing 34% of the total initial granted restricted stock units, vest only if and to the extent the closing price for a share of the company's common stock meets or exceeds $24.00 for 10 trading days out of any 30 consecutive trading days.