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Motorola Solutions, Inc. — Director's Dealing 2018
Sep 11, 2018
29923_dirs_2018-09-11_022f8849-5931-4501-a0c8-e311b4650603.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Motorola Solutions, Inc. (MSI)
CIK: 0000068505
Period of Report: 2018-09-07
Reporting Person: HACKER MARK S. (EVP, GC & Chief Admin Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-09-07 | Motorola Solutions, Inc. - Common Stock | M | 41736 | $66.43 | Acquired | 56259.4654 | Direct |
| 2018-09-07 | Motorola Solutions, Inc. - Common Stock | M | 9363 | $65.48 | Acquired | 65622.4654 | Direct |
| 2018-09-07 | Motorola Solutions, Inc. - Common Stock | M | 43053 | $66.57 | Acquired | 108675.4654 | Direct |
| 2018-09-07 | Motorola Solutions, Inc. - Common Stock | S | 332 | $127.50 | Disposed | 108343.2395 | Direct |
| 2018-09-07 | Motorola Solutions, Inc. - Common Stock | S | 8144 | $127.4315 | Disposed | 100199.2395 | Direct |
| 2018-09-07 | Motorola Solutions, Inc. - Common Stock | S | 30806 | $127.3411 | Disposed | 69393.2395 | Direct |
| 2018-09-07 | Motorola Solutions, Inc. - Common Stock | S | 63346 | $126.7917 | Disposed | 6047.2395 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-09-07 | Employee Stock Option - Right to Buy | $66.43 | M | 41736 | Disposed | 2024-03-10 | Motorola Solutions, Inc. - Common Stock (41736) | Direct |
| 2018-09-07 | Employee Stock Option - Right to Buy | $65.48 | M | 9363 | Disposed | 2025-01-23 | Motorola Solutions, Inc. - Common Stock (9363) | Direct |
| 2018-09-07 | Performance Option | $66.57 | M | 43053 | Disposed | 2025-03-09 | Motorola Solutions, Inc. - Common Stock (43053) | Direct |
Footnotes
F1: Includes shares acquired through the Motorola Solutions Employee Stock Purchase Plan. A fractional share of .2259 was liquidated by the stock plan administrator.
F2: $127.4315 is the weighted average sales price. Prices for this transaction ranged from $127.98 to $127.15. 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: $127.3411 is the weighted average sales price. Prices for this transaction ranged from $127.98 to $127.00. 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.
F4: $126.7917 is the weighted average sales price. Prices for this transaction ranged from $126.995 to $126.495. 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.
F5: These options vested the later of (a) the date on which the average closing price of the company common stock for any fifteen consecutive trading days is 115% or greater than the average closing price of the company common stock for the fifteen trading days immediately preceding the date of grant on March 10, 2014 and (b) in three equal annual installments beginning on March 10, 2015.
F6: These options vested in three equal annual installments beginning on January 23, 2016.
F7: These performance based stock options vested on the third anniversary date of the grant or March 9, 2018 based on the satisfaction of certain financial performance objectives. On March 9, 2018, the Company determined that, based on the Company's performance over the applicable performance period, 43,053 options vested.