Filing Details

Accession Number:
0001656592-17-000002
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-03-13 20:44:44
Reporting Period:
2017-03-09
Filing Date:
2017-03-13
Accepted Time:
2017-03-13 20:44:44
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
68505 Motorola Solutions Inc. MSI Radio & Tv Broadcasting & Communications Equipment (3663) 361115800
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1656592 P John Molloy Motorola Solutions, Inc.
500 West Monroe
Chicago IL 60661
Evp, Worldwide Sales No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Motorola Solutions, Inc. - Common Stock Acquisiton 2017-03-09 1,071 $74.35 16,204 No 4 M Direct
Motorola Solutions, Inc. - Common Stock Disposition 2017-03-09 1,071 $80.76 15,133 No 4 S Direct
Motorola Solutions, Inc. - Common Stock Disposition 2017-03-09 585 $81.37 14,548 No 4 F Direct
Motorola Solutions, Inc. - Common Stock Acquisiton 2017-03-10 2,359 $0.00 16,907 No 4 M Direct
Motorola Solutions, Inc. - Common Stock Disposition 2017-03-10 734 $82.10 16,173 No 4 F Direct
Motorola Solutions, Inc. - Common Stock Disposition 2017-03-10 433 $82.10 15,740 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
No 4 F Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Motorola Solutions, Inc. - Common Stock Employee Stock Options - Right to Buy Disposition 2017-03-09 1,071 $0.00 1,071 $74.35
Motorola Solutions, Inc. - Common Stock Market Stock Units Acquisiton 2017-03-09 6,803 $0.00 6,803 $0.00
Motorola Solutions, Inc. - Common Stock Performance Contingent Stock Options Acquisiton 2017-03-09 330,203 $0.00 330,203 $81.37
Motorola Solutions, Inc. - Common Stock Market Stock Units Disposition 2017-03-10 2,034 $0.00 2,034 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2017-05-08 No 4 M Direct
6,803 No 4 A Direct
330,203 2018-08-25 2022-08-25 No 4 A Direct
4,068 No 4 M Direct
Footnotes
  1. Includes shares acquired under the Motorola Solutions Employee Stock Purchase Plan and through the reinvestment of dividends.
  2. Represents the vesting (2,034) and payout (2,359) of the first tranche (1/3) of the market stock units (MSU) granted on March 10, 2016 at 116% payout factor and such payout includes 325 shares which were above the target number of shares originally reported.
  3. These options vested in four equal annual installments beginning on May 8, 2008.
  4. 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).
  5. 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.
  6. The performance contingent stock options ("PCSOs") vest upon the attainment, by August 25, 2018, of each stock price requirement as follows: (a) 145,836 vests when the Company closing stock price is at least $85.00 for ten consecutive trading days; (b) 77,437 vests when the Company closing stock price is at least $102.50 for ten consecutive trading days; and (c) 106,930 vests when the Company closing stock price is at least $120.00 for ten consecutive trading days. The portion(s) of the option that has/have vested in accordance with the preceding sentence will be exercisable beginning August 25, 2018.