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
- 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.
- $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.
- $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.
- $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.
- $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.
- 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.
- 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.
- 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.
- These shares are held in an irrevocable trust for the benefit of the reporting persons chidren. The reporting person is trustee of this trust.
- 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.
- 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.
- These options vested in three installments beginning on July 31, 2009.
- 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).
- 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.
- 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.