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Motorola Solutions, Inc. — Director's Dealing 2022
Aug 12, 2022
29923_dirs_2022-08-12_834f0808-e8d7-4c10-b854-17413235dce3.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: 2022-08-10
Reporting Person: BROWN GREGORY Q (Director, Chairman and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-08-10 | Motorola Solutions, Inc. - Common Stock | M | 100000 | $68.50 | Acquired | 170307.7016 | Direct |
| 2022-08-10 | Motorola Solutions, Inc. - Common Stock | S | 20420 | $254.2708 | Disposed | 149887.7016 | Direct |
| 2022-08-10 | Motorola Solutions, Inc. - Common Stock | S | 67393 | $253.5239 | Disposed | 82494.7016 | Direct |
| 2022-08-10 | Motorola Solutions, Inc. - Common Stock | S | 7887 | $252.5326 | Disposed | 74607.7016 | Direct |
| 2022-08-10 | Motorola Solutions, Inc. - Common Stock | S | 3585 | $251.4307 | Disposed | 71022.7016 | Direct |
| 2022-08-10 | Motorola Solutions, Inc. - Common Stock | S | 715 | $250.4221 | Disposed | 70307.7016 | Direct |
| 2022-08-11 | Motorola Solutions, Inc. - Common Stock | M | 100000 | $68.50 | Acquired | 170307.7016 | Direct |
| 2022-08-11 | Motorola Solutions, Inc. - Common Stock | S | 24988 | $253.6883 | Disposed | 145319.7016 | Direct |
| 2022-08-11 | Motorola Solutions, Inc. - Common Stock | S | 49592 | $252.9345 | Disposed | 95727.7016 | Direct |
| 2022-08-11 | Motorola Solutions, Inc. - Common Stock | S | 25420 | $252.2846 | Disposed | 70307.7016 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-08-10 | Performance Contingent Stock Option - Right to Buy | $68.50 | M | 100000 | Disposed | 2022-08-25 | Motorola Solutions, Inc. - Common Stock (100000) | Direct |
| 2022-08-11 | Performance Contingent Stock Option - Right to Buy | $68.50 | M | 100000 | Disposed | 2022-08-25 | Motorola Solutions, Inc. - Common Stock (100000) | 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: $254.2708 is the weighted average sales price. Prices for this transaction ranged from $253.95 to $254.93. 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: $253.5239 is the weighted average sales price. Prices for this transaction ranged from $252.99 to $253.94. 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: $252.5326 is the weighted average sales price. Prices for this transaction ranged from $251.96 to $252.84. 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: $251.4307 is the weighted average sales price. Prices for this transaction ranged from $250.91 to $251.85. 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: $250.4221 is the weighted average sales price. Prices for this transaction ranged from $250.31 to $250.84. 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: $253.6883 is the weighted average sales price. Prices for this transaction ranged from $253.40 to $254.38. 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: $252.9345 is the weighted average sales price. Prices for this transaction ranged from $252.41 to $253.39. 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.
F10: $252.2846 is the weighted average sales price. Prices for this transaction ranged from $252.15 to $252.40. 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.
F11: 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.
F12: 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.
F13: 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.
F14: 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.
F15: 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.