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Motorola Solutions, Inc. Director's Dealing 2023

Mar 10, 2023

29923_dirs_2023-03-10_2606bb28-5352-4b11-8b34-4d2149342c1d.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: 2023-03-08

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-03-08 Motorola Solutions, Inc. - Common Stock M 13043 Acquired 96338.6477 Direct
2023-03-08 Motorola Solutions, Inc. - Common Stock F 5778.0490 $267.59 Disposed 90560.5987 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-03-08 Market Stock Units $ M 8873 Disposed Motorola Solutions, Inc. - Common Stock (8873) 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 24739 Indirect
Motorola Solutions, Inc. - Common Stock 22540 Indirect
Motorola Solutions, Inc. - Common Stock 53607 Indirect
Motorola Solutions, Inc. - Common Stock 101609 Indirect

Footnotes

F1: Represents the vesting (8,873) and payout (13,043) of the second tranche (1/3) of the market stock units ("MSU") granted on March 8, 2021 at 147% payout factor and such payment includes 4,170 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's child 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.