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Motorola Solutions, Inc. — Director's Dealing 2022
Aug 16, 2022
29923_dirs_2022-08-16_03af45cb-c3fb-4712-8cfe-60f4d2cab80d.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: 2022-08-12
Reporting Person: BROWN GREGORY Q (Director, Chairman and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-08-12 | Motorola Solutions, Inc. - Common Stock | M | 100000 | $68.50 | Acquired | 170307.7016 | Direct |
| 2022-08-12 | Motorola Solutions, Inc. - Common Stock | S | 49945 | $254.5477 | Disposed | 120362.7016 | Direct |
| 2022-08-12 | Motorola Solutions, Inc. - Common Stock | S | 46267 | $253.7959 | Disposed | 74095.7016 | Direct |
| 2022-08-12 | Motorola Solutions, Inc. - Common Stock | S | 3788 | $253.075 | Disposed | 70307.7016 | Direct |
| 2022-08-15 | Motorola Solutions, Inc. - Common Stock | M | 69229 | $68.50 | Acquired | 139536.7016 | Direct |
| 2022-08-15 | Motorola Solutions, Inc. - Common Stock | S | 42039 | $256.0858 | Disposed | 97497.7016 | Direct |
| 2022-08-15 | Motorola Solutions, Inc. - Common Stock | S | 25990 | $255.4158 | Disposed | 71507.7016 | Direct |
| 2022-08-15 | Motorola Solutions, Inc. - Common Stock | S | 1200 | $254.2365 | Disposed | 70307.7016 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-08-12 | Performance Contingent Stock Option - Right to Buy | $68.50 | M | 100000 | Disposed | 2022-08-25 | Motorola Solutions, Inc. - Common Stock (100000) | Direct |
| 2022-08-15 | Performance Contingent Stock Option - Right to Buy | $68.50 | M | 69229 | Disposed | 2022-08-25 | Motorola Solutions, Inc. - Common Stock (69229) | 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 | 37547 | Indirect |
| Motorola Solutions, Inc. - Common Stock | 35348 | Indirect |
| Motorola Solutions, Inc. - Common Stock | 18523 | Indirect |
| Motorola Solutions, Inc. - Common Stock | 53607 | Indirect |
| Motorola Solutions Inc. - Common Stock | 101609 | Indirect |
Footnotes
F1: The exercise and sale of options reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the reporting person on December 14, 2021.
F2: Includes shares acquired under the Motorola Solutions Employee Stock Purchase Plan and through the reinvestment of dividends.
F3: $254.5477 is the weighted average sales price. Prices for this transaction ranged from $254.23 to $255.21. 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: $253.7959 is the weighted average sales price. Prices for this transaction ranged from $253.24 to $254.225. 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: $253.075 is the weighted average sales price. Prices for this transaction ranged from $252.60 to $253.23. 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: $256.0858 is the weighted average sales price. Prices for this transaction ranged from $255.71 to $256.69. 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: $255.4158 is the weighted average sales price. Prices for this transaction ranged from $254.84 to $255.70. 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: $254.2365 is the weighted average sales price. Prices for this transaction ranged from $253.90 to $254.69. 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.
F9: 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.
F10: These shares are held in a family trust for the benefit of the reporting person's children. The reporting person's child 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: 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.
F13: These Performance Contingent Stock Options ("PCSOs") vested upon the attainment of each stock price hurdle as follows: 20% vested when the Company closing stock price was $85.00 for ten consecutive trading days (which was met on June 30, 2017); 30% vested when the Company closing stock price was $102.50 for ten consecutive trading days (which was met on February 28, 2018); and 50% vested when the Company closing stock price was $120.00 for ten consecutive trading days (which was met on July 24, 2018). The PCSOs became exercisable on the third anniversary of the date of grant.