Motorola Solutions, Inc. — Director's Dealing 2021

Feb 16, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Motorola Solutions, Inc. (MSI)
CIK: 0000068505
Period of Report: 2021-02-11

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-11	Motorola Solutions, Inc. - Common Stock	A	34380	—	Acquired	79956.2816	Direct
2021-02-11	Motorola Solutions, Inc. - Common Stock	F	15231	$181.79	Disposed	64725.2816	Direct
2021-02-12	Motorola Solutions, Inc. - Common Stock	M	70870	$38.04	Acquired	135595.2816	Direct
2021-02-12	Motorola Solutions, Inc. - Common Stock	D	14830	$181.79	Disposed	120765.2816	Direct
2021-02-12	Motorola Solutions, Inc. - Common Stock	S	6730	$182.1162	Disposed	114035.2816	Direct
2021-02-12	Motorola Solutions, Inc. - Common Stock	S	34708	$181.2432	Disposed	79327.2816	Direct
2021-02-12	Motorola Solutions, Inc. - Common Stock	S	14602	$180.6014	Disposed	64725.2816	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-12	Stock Appreciation Right	$38.04	M	70870	Disposed	2021-02-22	Motorola Solutions, Inc. - Common Stock (70870)	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: Settlement in shares of non-derivative Long Range Incentive Plan Award ("LRIP") under the Motorola Solutions, Inc. 2018-2020 LRIPCycle approved by the Board of Directors.

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

F3: The exercise of these stock appreciation rights and sale of shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 17, 2020.

F4: This represents the difference between the number of SARs exercised (70,870) and the number of shares issued as a result of the exercise (56,040). 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 the SAR is exercised ($181.79) and the base price ($38.04).

F5: $182.1162 is the weighted average sales price. Prices for this transaction ranged from $181.855 to $182.72. 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: $181.2432 is the weighted average sales price. Prices for this transaction ranged from $180.925 to $181.81. 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: $180.6014 is the weighted average sales price. Prices for this transaction ranged from $180.20 to $180.89. 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.

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

F10: 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.

F11: 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.

F12: Incorrectly reported 70,657 in Column 9 of Table II in prior Form 4 due to numerical transposition.

F13: The stock appreciation rights vested in three equal annual installments beginning on February 22, 2012.