Motorola Solutions, Inc. — Director's Dealing 2017

Nov 16, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Motorola Solutions, Inc. (MSI)
CIK: 0000068505
Period of Report: 2017-11-14

Reporting Person: BROWN GREGORY Q (Director, Chairman and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-11-14	Motorola Solutions, Inc. - Common Stock	M	134297	$40.33	Acquired	183311.922	Direct
2017-11-14	Motorola Solutions, Inc. - Common Stock	D	59278	$91.37	Disposed	124033.922	Direct
2017-11-14	Motorola Solutions, Inc. - Common Stock	S	75019	$90.9122	Disposed	49014.922	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-11-14	Stock Appreciation Right	$40.33	M	134297	Disposed	2018-08-27	Motorola Solutions, Inc. - Common Stock (134297)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Motorola Solutions, Inc. - Common Stock	121899	Indirect
Motorola Solutions, Inc. - Common Stock	81000	Indirect
Motorola Solutions, Inc. - Common Stock	2220	Indirect
Motorola Solutions, Inc. - Common Stock	51107	Indirect
Motorola Solutions, Inc. - Common Stock	55731	Indirect

Footnotes

F1: This represents the difference between the number of SARs exercised (134,297) and the number of shares issued as a result of the exercise (75,019). The number of shares to be issued under a SAR exercise is determined by multiplying the number of SARs being exercised by the difference between the FMV on the date immediately prior to the date the SAR is exercised ($91.37) and the base price ($40.33).

F2: $90.9122 is the weighted average sales price. Prices for this transaction ranged from $90.26 to $91.18. The Reporting Person undertakes to provide upon request by the Commission staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

F3: Includes shares acquired through the reinvestment of dividends and dividend equivalent rights credited to the reporting person when and as dividends were paid on Motorola Solutions, Inc. common stock.

F4: These shares are held in an irrevocable trust for the benefit of the reporting persons chidren. The reporting person is trustee of this trust.

F5: These shares are held in an irrevocable trust for the benefit of the reporting person's wife and children. The reporting person's wife is trustee of this trust.

F6: This Stock Appreciation Right was originally reported as covering 564,064 shares in total at an exercise price of $9.60 per share, but was adjusted to reflect the dividend by Motorola Solutions, Inc. ("MSI") of all outstanding shares of Motorola Mobility Holdings, Inc. to stockholders and the MSI 1-for-7 reverse stock split that occurred on January 4, 2011.

F7: These Stock Appreciation Rights vested in three annual installments beginning on July 31, 2009.