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
- Includes shares acquired under the Motorola Solutions Employee Stock Purchase Plan and through the reinvestment of dividends.
- 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.
- These options vested in four equal annual installments beginning on May 8, 2008.
- 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.
- 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.