Form 4 for MSI Motorola Solutions
Accepted 2022-03-09 00:00:00 ET · period of report 2022-03-07 · accession 0001062993-22-007201 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-03-09 | 2022-03-07+ | MSI | BROWN GREGORY Q | COB, CEO, Dir | M - OptEx | $62.76 | +129.1K | 83.7K | New | +$8.10M |
| DM | 2022-03-09 | 2022-03-07+ | MSI | BROWN GREGORY Q | COB, CEO, Dir | S - Sale+OE | $217.66 | -118.3K | 91.0K | -57% | -$25.74M |
| DM | 2022-03-09 | 2022-03-07+ | MSI | BROWN GREGORY Q | COB, CEO, Dir | F - Tax | $215.91 | -18.9K | 78.9K | -19% | -$4.08M |
| DM | 2022-03-09 | 2022-03-07+ | MSI | BROWN GREGORY Q | COB, CEO, Dir | M - OptEx | $0.00 | -127.1K | 17.7K | -88% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Motorola Solutions, Inc. - Common Stock | 2022-03-08 | M | A | 18,269 | $68.50 | 97,172.41 | D | — | — | (F2) Includes shares acquired under the Motorola Solutions Employee Stock Purchase Plan and through the reinvestment of dividends. |
| 2 | Common | Motorola Solutions, Inc. - Common Stock | 2022-03-07 | S | D | 17,324 | $216.50 | 72,874.41 | D | — | — | (F9) $216.5015 is the weighted average sales price. Prices for this transaction ranged from $216.27 to $216.555. 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. (F2) Includes shares acquired under the Motorola Solutions Employee Stock Purchase Plan and through the reinvestment of dividends. |
| 3 | Common | Motorola Solutions, Inc. - Common Stock | 2022-03-08 | S | D | 9,477 | $215.59 | 81,519.41 | D | — | — | (F12) $215.5891 is the weighted average sales price. Prices for this transaction ranged from $214.93 to $215.91. 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. (F2) Includes shares acquired under the Motorola Solutions Employee Stock Purchase Plan and through the reinvestment of dividends. |
| 4 | Common | Motorola Solutions, Inc. - Common Stock | 2022-03-08 | S | D | 2,030 | $214.45 | 79,489.41 | D | — | — | (F13) $214.4455 is the weighted average sales price. Prices for this transaction ranged from $213.915 to $214.875. 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. (F2) Includes shares acquired under the Motorola Solutions Employee Stock Purchase Plan and through the reinvestment of dividends. |
| 5 | Common | Motorola Solutions, Inc. - Common Stock | 2022-03-08 | S | D | 586 | $213.68 | 78,903.41 | D | — | — | (F14) $213.6759 is the weighted average sales price. Prices for this transaction ranged from $213.37 to $213.8925. 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. (F2) Includes shares acquired under the Motorola Solutions Employee Stock Purchase Plan and through the reinvestment of dividends. |
| 6 | Common | Motorola Solutions, Inc. - Common Stock | 2022-03-07 | S | D | 23,766 | $216.97 | 90,198.41 | D | — | — | (F8) $216.9684 is the weighted average sales price. Prices for this transaction ranged from $216.56 to $217.54. 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. (F2) Includes shares acquired under the Motorola Solutions Employee Stock Purchase Plan and through the reinvestment of dividends. |
| 7 | Common | Motorola Solutions, Inc. - Common Stock | 2022-03-07 | S | D | 18,817 | $218.16 | 113,964.41 | D | — | — | (F7) $218.1613 is the weighted average sales price. Prices for this transaction ranged from $217.57 to $218.54. 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. (F2) Includes shares acquired under the Motorola Solutions Employee Stock Purchase Plan and through the reinvestment of dividends. |
| 8 | Common | Motorola Solutions, Inc. - Common Stock | 2022-03-07 | S | D | 35,721 | $219.06 | 132,781.41 | D | — | — | (F6) $219.0584 is the weighted average sales price. Prices for this transaction ranged from $218.55 to $219.535. 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. (F2) Includes shares acquired under the Motorola Solutions Employee Stock Purchase Plan and through the reinvestment of dividends. |
| 9 | Common | Motorola Solutions, Inc. - Common Stock | 2022-03-07 | S | D | 2,753 | $219.87 | 168,502.41 | D | — | — | (F5) $219.8714 is the weighted average sales price. Prices for this transaction ranged from $219.56 to $220.52. 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. (F2) Includes shares acquired under the Motorola Solutions Employee Stock Purchase Plan and through the reinvestment of dividends. |
| 10 | Common | Motorola Solutions, Inc. - Common Stock | 2022-03-07 | F | D | 14,104 | $216.51 | 72,874.41 | D | — | — | (F2) Includes shares acquired under the Motorola Solutions Employee Stock Purchase Plan and through the reinvestment of dividends. |
| 11 | Common | Motorola Solutions, Inc. - Common Stock | 2022-03-07 | M | A | 100,000 | $68.50 | 172,874.41 | D | — | — | (F2) Includes shares acquired under the Motorola Solutions Employee Stock Purchase Plan and through the reinvestment of dividends. |
| 12 | Common | Motorola Solutions, Inc. - Common Stock | 2022-03-07 | S | D | 1,619 | $222.24 | 171,255.41 | D | — | — | (F4) $222.2385 is the weighted average sales price. Prices for this transaction ranged from $221.63 to $222.43. 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. (F2) Includes shares acquired under the Motorola Solutions Employee Stock Purchase Plan and through the reinvestment of dividends. |
| 13 | Common | Motorola Solutions, Inc. - Common Stock | 2022-03-08 | F | D | 4,796 | $214.13 | 78,903.41 | D | — | — | (F2) Includes shares acquired under the Motorola Solutions Employee Stock Purchase Plan and through the reinvestment of dividends. |
| 14 | Common | Motorola Solutions, Inc. - Common Stock | 2022-03-08 | M | A | 10,825 | $0.00 | 83,699.41 | D | — | — | (F10) Represents the vesting (8,873) and payout (10,825) of the first tranche (1/3) of the market stock units ("MSUs") granted on March 8, 2021 at 122% payout factor and such payment includes 1,952 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. |
| 15 | Common | Motorola Solutions, Inc. - Common Stock | 2022-03-08 | S | D | 6,176 | $216.33 | 90,996.41 | D | — | — | (F11) $216.3324 is the weighted average sales price. Prices for this transaction ranged from $215.95 to $216.93. 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. (F2) Includes shares acquired under the Motorola Solutions Employee Stock Purchase Plan and through the reinvestment of dividends. |
| 16 | Derivative | Performance Contingent Stock Options - Right to Buy | 2022-03-08 | M | D | 18,269 | $0.00 | 569,229 | D | $68.50 · — to 2022-08-25 | 18,269 Motorola Solutions, Inc. - Common Stock | (F19) 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. |
| 17 | Derivative | Performance Contingent Stock Options - Right to Buy | 2022-03-07 | M | D | 100,000 | $0.00 | 587,498 | D | $68.50 · — to 2022-08-25 | 100,000 Motorola Solutions, Inc. - Common Stock | (F19) 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. |
| 18 | Derivative | Market Stock Units | 2022-03-08 | M | D | 8,873 | $0.00 | 17,745 | D | — · — to — | 8,873 Motorola Solutions, Inc. - Common Stock | (F21) 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 MSU will only vest if the Share Price on the Vesting Date equals at least 60% of the Share Price on the Date of Grant. (F20) 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. |