AI assistant
Motorola Solutions, Inc. — Director's Dealing 2018
Mar 14, 2018
29923_dirs_2018-03-14_664b79da-6345-4827-b8b8-b23f5908660b.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Motorola Solutions, Inc. (MSI)
CIK: 0000068505
Period of Report: 2018-03-12
Reporting Person: BROWN GREGORY Q (Director, Chairman and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-03-12 | Motorola Solutions, Inc. - Common Stock | M | 100000 | $40.33 | Acquired | 204016.9233 | Direct |
| 2018-03-12 | Motorola Solutions, Inc. - Common Stock | S | 100000 | $108.9677 | Disposed | 104016.9233 | Direct |
| 2018-03-13 | Motorola Solutions, Inc. - Common Stock | M | 63000 | $40.33 | Acquired | 167016.9233 | Direct |
| 2018-03-13 | Motorola Solutions, Inc. - Common Stock | S | 25800 | $109.67 | Disposed | 141216.9233 | Direct |
| 2018-03-13 | Motorola Solutions, Inc. - Common Stock | S | 37200 | $109.015 | Disposed | 104016.9233 | Direct |
| 2018-03-13 | Motorola Solutions, Inc. - Common Stock | S | 20300 | $109.0101 | Disposed | 119689 | Indirect |
| 2018-03-13 | Motorola Solutions, Inc. - Common Stock | S | 1700 | $109.532 | Disposed | 117989 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-03-12 | Employee Stock Option - Right to Buy | $40.33 | M | 100000 | Disposed | 2018-08-27 | Motorola Solutions, Inc. - Common Stock (100000) | Direct |
| 2018-03-13 | Employee Stock Option - Right to Buy | $40.33 | M | 63000 | Disposed | 2018-08-27 | Motorola Solutions, Inc. - Common Stock (63000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Motorola Solutions, Inc. - Common Stock | 81000 | Indirect |
| Motorola Solutions, Inc. - Common Stock | 2220 | Indirect |
| Motorola Solutions, Inc. - Common Stock | 55731 | Indirect |
Footnotes
F1: 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.
F2: $108.9677 is the weighted average sales price. Prices for this transaction ranged from $108.53 to $109.42. 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: $109.6700 is the weighted average sales price. Prices for this transaction ranged from $109.37 to $110.27. 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: $109.0150 is the weighted average sales price. Prices for this transaction ranged from $108.65 to $109.36. 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: $109.0101 is the weighted average sales price. Prices for this transaction ranged from $108.63 to $109.465. 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.
F6: $109.532 is the weighted average sales price. Prices for this transaction ranged from $109.50 to $109.67. 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.
F7: These shares are held in an irrevocable trust for the benefit of the reporting persons chidren. The reporting person is trustee of this trust.
F8: 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.
F9: These options were originally reported as covering 2,320,652 shares in total at an exercise price of $9.60 per share, but were 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.
F10: These options vested in three installments beginning on July 31, 2009.