SEC Form 4/A · accession 0001201232-17-000007
Motorola Solutions, Inc. · MSI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Gregory Q Brown
Officer — Chairman and CEO · Director
Period of report
Nov 20, 2017
Accepted (ET)
Nov 22, 2017 · 5:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000068505
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Motorola Solutions, Inc. - Common Stock | Nov 20, 2017 | M | 50,000 | $40.33 | A | 99,015 | D | |
| Motorola Solutions, Inc. - Common StockF1,F2 | Nov 20, 2017 | S | 50,000 | $92.4138 | D | 49,015 | D | |
| Motorola Solutions, Inc. - Common Stock | Nov 21, 2017 | M | 50,000 | $40.33 | A | 99,015 | D | |
| Motorola Solutions, Inc. - Common StockF3,F4,F2 | Nov 21, 2017 | S | 50,000 | $92.7241 | D | 49,015 | D | |
| Motorola Solutions, Inc. - Common StockF5 | holding | — | — | — | 121,899 | I | By Trust | |
| Motorola Solutions, Inc. - Common StockF6 | holding | — | — | — | 81,000 | I | By Trust | |
| Motorola Solutions, Inc. - Common Stock | holding | — | — | — | 2,220 | I | Held by wife | |
| Motorola Solutions, Inc. - Common Stock | holding | — | — | — | 51,107 | I | 2016 Grantor Retained Annuity Trust, reporting person is Trustee | |
| Motorola Solutions, Inc. - Common Stock | holding | — | — | — | 55,731 | I | 2017 Grantor Retained Annuity Trust, reporting person is Trustee |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option - Right to BuyF7,F8 | $40.33 | Nov 20, 2017 | M | 50,000 | D | — | Aug 27, 2018 | Motorola Solutions, Inc. - Common Stock | 50,000 | 450,000 | D |
| Employee Stock Option - Right to BuyF7,F8 | $40.33 | Nov 21, 2017 | M | 50,000 | D | — | Aug 27, 2018 | Motorola Solutions, Inc. - Common Stock | 50,000 | 400,000 | D |
Explanation of responses
- F1$92.4138 is the weighted average sales price. Prices for this transaction ranged from $92.31 to $92.68. 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.
- F2Includes 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.
- F3The date of the transaction was originally reported as November 20, 2017 which was a typo and should reflect November 21, 2017 as the transaction date.
- F4$92.7241 is the weighted average sales price. Prices for this transaction ranged from $92.37 to $93.41. 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.
- F5These shares are held in an irrevocable trust for the benefit of the reporting persons chidren. The reporting person is trustee of this trust.
- F6These 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.
- F7This Option was originally reported as covering 2,320,652 shares in total at an exercise price of $9.60 per share, but was 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.
- F8These options vested in three annual installments beginning on July 31, 2009.