Motorola Solutions, Inc. — Director's Dealing 2021

Mar 16, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Motorola Solutions, Inc. (MSI)
CIK: 0000068505
Period of Report: 2021-03-13

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-13	Motorola Solutions, Inc. - Common Stock	M	14386	—	Acquired	88903.2816	Direct
2021-03-13	Motorola Solutions, Inc. - Common Stock	F	6373	$179.11	Disposed	82530.2816	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-13	Market Stock Units	$	M	13967	Disposed		Motorola Solutions, Inc. - Common Stock (13967)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Motorola Solutions, Inc. - Common Stock	2220	Indirect
Motorola Solutions, Inc. - Common Stock	81000	Indirect
Motorola Solutions, Inc. - Common Stock	78780	Indirect
Motorola Solutions, Inc. - Common Stock	24719	Indirect
Motorola Solutions, Inc. - Common Stock	22517	Indirect
Motorola Solutions, Inc. - Common Stock	41489	Indirect
Motorola Solutions, Inc. - Common Stock	104597	Indirect
Motorola Solutions, Inc. - Common Stock	28817	Indirect

Footnotes

F1: Represents the vesting (13,967) and payout (14,386) of the first tranche (1/3) of the market stock units ("MSU") granted on March 13, 2020 at 103% payout factor and such payment includes 419 shares which were above the target number of shares originally reported.

F2: Includes shares acquired under the Motorola Solutions Employee Stock Purchase Plan and through the reinvestment of dividends.

F3: 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.

F4: These shares are held in a family trust for the benefit of the reporting person's children. The reporting person is trustee of this trust.

F5: These shares are held in a non-exempt gift trust for the benefit of the reporting person's child. The reporting person's wife is trustee of this trust.

F6: These shares are held in a non-exempt gift trust for the benefit of the reporting person's child. The reporting person's wife is trustee of this trust.

F7: 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). The target number of MSUs is reported in this Report.

F8: 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.