Filing Details

Accession Number:
0001201232-18-000002
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-03-12 16:52:24
Reporting Period:
2018-03-08
Accepted Time:
2018-03-12 16:52:24
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
1201232 Q Gregory Brown Motorola Solutions, Inc.
500 West Monroe
Chicago IL 60661
Chairman And Ceo Yes 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 2018-03-08 62,000 $40.33 136,595 No 4 M Direct
Motorola Solutions, Inc. - Common Stock Disposition 2018-03-08 23,800 $108.50 112,795 No 4 S Direct
Motorola Solutions, Inc. - Common Stock Disposition 2018-03-08 38,200 $107.90 74,595 No 4 S Direct
Motorola Solutions, Inc. - Common Stock Acquisiton 2018-03-09 125,000 $40.33 199,595 No 4 M Direct
Motorola Solutions, Inc. - Common Stock Disposition 2018-03-09 121,200 $108.99 78,395 No 4 S Direct
Motorola Solutions, Inc. - Common Stock Disposition 2018-03-09 3,800 $108.45 74,595 No 4 S Direct
Motorola Solutions, Inc. - Common Stock Acquisiton 2018-03-09 19,661 $0.00 94,256 No 4 M Direct
Motorola Solutions, Inc. - Common Stock Disposition 2018-03-09 8,710 $109.09 85,546 No 4 F Direct
Motorola Solutions, Inc. - Common Stock Acquisiton 2018-03-09 16,804 $0.00 102,350 No 4 M Direct
Motorola Solutions, Inc. - Common Stock Disposition 2018-03-09 7,445 $109.09 94,905 No 4 F Direct
Motorola Solutions, Inc. - Common Stock Acquisiton 2018-03-10 16,360 $0.00 111,265 No 4 M Direct
Motorola Solutions, Inc. - Common Stock Disposition 2018-03-10 7,248 $109.09 104,017 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
No 4 M 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 Option - Right to Buy Disposition 2018-03-08 62,000 $0.00 62,000 $40.33
Motorola Solutions, Inc. - Common Stock Market Stock Units Acquisiton 2018-03-08 30,668 $0.00 30,668 $0.00
Motorola Solutions, Inc. - Common Stock Employee Stock Option - Right to Buy Disposition 2018-03-09 125,000 $0.00 125,000 $40.33
Motorola Solutions, Inc. - Common Stock Market Stock Units Disposition 2018-03-09 12,767 $0.00 12,767 $0.00
Motorola Solutions, Inc. - Common Stock Market Stock Units Disposition 2018-03-09 12,635 $0.00 12,635 $0.00
Motorola Solutions, Inc. - Common Stock Performance Option Acquisiton 2018-03-09 199,123 $0.00 199,123 $66.57
Motorola Solutions, Inc. - Common Stock Market Stock Units Disposition 2018-03-10 10,624 $0.00 10,624 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
288,000 2018-08-27 No 4 M Direct
30,668 No 4 A Direct
163,000 2018-08-27 No 4 M Direct
0 No 4 M Direct
25,270 No 4 M Direct
199,123 2025-03-09 No 4 A Direct
10,624 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Motorola Solutions, Inc. - Common Stock 139,989 Indirect By Trust
Motorola Solutions, Inc. - Common Stock 81,000 Indirect By Trust
Motorola Solutions, Inc. - Common Stock 2,220 Indirect Held by wife
Motorola Solutions, Inc. - Common Stock 55,731 Indirect 2017 Grantor Retained Annuity Trust, reporting person is Trustee
Footnotes
  1. Includes shares acquired through the reinvestment of dividends and dividend equivalent rights credited to the reporting person when and as dividends were paid on Motorola Solutions, Inc. common stock.
  2. $108.4968 is the weighted average sales price. Prices for this transaction ranged from $108.23 to $109.03. 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.
  3. $107.9006 is the weighted average sales price. Prices for this transaction ranged from $107.43 to $108.22. 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.
  4. $108.9860 is the weighted average sales price. Prices for this transaction ranged from $108.61 to $109.49. 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.
  5. $108.4523 is the weighted average sales price. Prices for this transaction ranged from $108.28 to $108.58. 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.
  6. Represents the vesting (12,767) and payout (19,661) of the third tranche (1/3) of the market stock units (MSU) granted on March 9, 2015 at 154% payout factor and such payout includes 6,894 shares which were above the target number of shares originally reported.
  7. Represents the vesting (12,635) and payout (16,804) of the first tranche (1/3) of the market stock units (MSU) granted on March 9, 2017 at 133% payout factor and such payout includes 4,169 shares which were above the target number of shares originally reported.
  8. Represents the vesting (10,624) and payout (16,360) of the second tranche (1/3) of the market stock units (MSU) granted on March 10, 2016 at 154% payout factor and such payout includes 5,736 shares which were above the target number of shares originally reported.
  9. These shares are held in an irrevocable trust for the benefit of the reporting persons chidren. The reporting person is trustee of this trust.
  10. 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.
  11. These options were originally reported as covering 2,320,652 shares in total at an exercise price of $9.60 per share, but were adjusted to reflect the dividend by Motorola Solutions, Inc. ("MSI") of all outstanding shares of Motorola Mobility Holdings, Inc. to stockholders and the MSI 1-for-7 reverse stock split that occurred on January 4, 2011.
  12. These options vested in three installments beginning on July 31, 2009.
  13. 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).
  14. 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.
  15. Represents the vesting of performance based stock options granted to the reporting person on March 9, 2015 that were eligible to vest on the third anniversary date of the grant or March 9, 2018 based on the satisfaction of certain financial performance objectives. On March 9, 2018, the Company determined that, based on the Company's performance over the applicable performance period, 199,123 options would vest.