Filing Details
- Accession Number:
- 0001062993-23-006774
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-03-13 17:09:08
- Reporting Period:
- 2023-03-09
- Accepted Time:
- 2023-03-13 17:09:08
- 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 |
---|---|---|---|---|---|---|---|
1750793 | Cynthia Yazdi | Motorola Solutions, Inc. 500 West Monroe St. Chicago IL 60661 | Svp, Communications & Brand | 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 | 2023-03-09 | 2,006 | $67.76 | 4,796 | No | 4 | M | Direct | |
Motorola Solutions, Inc. - Common Stock | Acquisiton | 2023-03-09 | 6,811 | $71.22 | 11,607 | No | 4 | M | Direct | |
Motorola Solutions, Inc. - Common Stock | Disposition | 2023-03-09 | 8,734 | $270.37 | 2,873 | No | 4 | S | Direct | |
Motorola Solutions, Inc. - Common Stock | Acquisiton | 2023-03-10 | 798 | $0.00 | 3,671 | No | 4 | M | Direct | |
Motorola Solutions, Inc. - Common Stock | Disposition | 2023-03-10 | 348 | $261.48 | 3,323 | No | 4 | F | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | M | Direct | |
No | 4 | S | 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 | 2023-03-09 | 2,006 | $0.00 | 2,006 | $67.76 |
Motorola Solutions, Inc. - Common Stock | Employee Stock Option - Right to Buy | Disposition | 2023-03-09 | 6,811 | $0.00 | 6,811 | $71.22 |
Motorola Solutions, Inc. - Common Stock | Market Stock Units | Acquisiton | 2023-03-09 | 1,837 | $0.00 | 1,837 | $0.00 |
Motorola Solutions, Inc. - Common Stock | Market Stock Units | Disposition | 2023-03-10 | 660 | $0.00 | 660 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2025-10-01 | No | 4 | M | Direct | |
0 | 2026-03-10 | No | 4 | M | Direct | |
1,837 | No | 4 | A | Direct | ||
1,319 | No | 4 | M | Direct |
Footnotes
- Includes shares acquired through the reinvestment of dividends.
- $270.3701 is the weighted average sales price. Prices for this transaction ranged from $270.22 to $270.575. 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 (660) and payout (798) of the first tranche (1/3) of the market stock units ("MSU") granted on March 10, 2022 at 121% payout factor and such payment includes 138 shares which were above the target number of shares originally reported.
- These options vested in three equal annual installments beginning on October 1, 2016.
- These options vested in three equal annual installments beginning on March 10, 2017.
- 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.
- 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.