Motorola Solutions, Inc. — Director's Dealing 2018

Mar 12, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Motorola Solutions, Inc. (MSI)
CIK: 0000068505
Period of Report: 2018-03-08

Reporting Person: MOLLOY JOHN P (EVP, Worldwide Sales & Svcs)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-03-09	Motorola Solutions, Inc. - Common Stock	F	550	$109.09	Disposed	14294.9907	Direct
2018-03-09	Motorola Solutions, Inc. - Common Stock	M	3016	—	Acquired	17310.9907	Direct
2018-03-09	Motorola Solutions, Inc. - Common Stock	F	884	$109.09	Disposed	16426.9907	Direct
2018-03-10	Motorola Solutions, Inc. - Common Stock	M	3132	—	Acquired	19558.9907	Direct
2018-03-10	Motorola Solutions, Inc. - Common Stock	F	1034	$109.09	Disposed	18524.9907	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-03-08	Market Stock Units	$	A	5319	Acquired		Motorola Solutions, Inc. - Common Stock (5319)	Direct
2018-03-09	Market Stock Units	$	M	2268	Disposed		Motorola Solutions, Inc. - Common Stock (2268)	Direct
2018-03-10	Market Stock Units	$	M	2034	Disposed		Motorola Solutions, Inc. - Common Stock (2034)	Direct

Footnotes

F1: Includes shares acquired under the Motorola Solutions Employee Stock Purchase Plan and through the reinvestment of dividends.

F2: Represents the vesting (2,268) and payout (3,016) of the first tranche (1/3) of the market stock units (MSU) granted on March 9, 2017 at 133% payout factor and such payout includes 748 shares which were above the target number of shares originally reported.

F3: Represents the vesting (2,034) and payout (3,132) of the second tranche (1/3) of the market stock units (MSU) granted on March 10, 2016 at 154% payout factor and such payout includes 1,098 shares which were above the target number of shares originally reported.

F4: Each market stock unit (MSU") converts into shares of common stock on a 1-for-1 basis but the number of MSUs earned varies from 0% to 200% of the target number of MSUs based on the average of the closing price of the Company's common stock on the date of grant and the thirty calendar days immediately preceding the date of grant (referred to as Share Price on Date of Grant) as compared to the closing share price of the Company's common stock on the vesting date and the thirty calendar days immediately preceding the vesting date (referred to as Share Price on Vesting Date).

F5: One third of the MSU award will vest on each of the first, second and third anniversaries of the date of grant and will be converted into shares of common stock based on a payout factor, provided that the MSUs will only vest if the Share Price on the Vesting Date equals at least 60% of the Share Price on the Date of Grant.