SEC Form 4 · accession 0001201232-18-000003
Motorola Solutions, Inc. · MSI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory Q Brown
Officer — Chairman and CEO · Director
Period of report
Mar 12, 2018
Accepted (ET)
Mar 14, 2018 · 4:43 pm EDT
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 StockF1 | Mar 12, 2018 | M | 100,000 | $40.33 | A | 204,017 | D | |
| Motorola Solutions, Inc. - Common StockF2,F1 | Mar 12, 2018 | S | 100,000 | $108.9677 | D | 104,017 | D | |
| Motorola Solutions, Inc. - Common StockF1 | Mar 13, 2018 | M | 63,000 | $40.33 | A | 167,017 | D | |
| Motorola Solutions, Inc. - Common StockF3,F1 | Mar 13, 2018 | S | 25,800 | $109.67 | D | 141,217 | D | |
| Motorola Solutions, Inc. - Common StockF4,F1 | Mar 13, 2018 | S | 37,200 | $109.015 | D | 104,017 | D | |
| Motorola Solutions, Inc. - Common StockF5,F7 | Mar 13, 2018 | S | 20,300 | $109.0101 | D | 119,689 | I | By Trust |
| Motorola Solutions, Inc. - Common StockF6,F7 | Mar 13, 2018 | S | 1,700 | $109.532 | D | 117,989 | I | By Trust |
| Motorola Solutions, Inc. - Common StockF8 | holding | — | — | — | 81,000 | I | By Trust | |
| Motorola Solutions, Inc. - Common Stock | holding | — | — | — | 2,220 | I | Held by wife | |
| 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 BuyF9,F10 | $40.33 | Mar 12, 2018 | M | 100,000 | D | — | Aug 27, 2018 | Motorola Solutions, Inc. - Common Stock | 100,000 | 63,000 | D |
| Employee Stock Option - Right to BuyF9,F10 | $40.33 | Mar 13, 2018 | M | 63,000 | D | — | Aug 27, 2018 | Motorola Solutions, Inc. - Common Stock | 63,000 | 0 | D |
Explanation of responses
- F1Includes 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.
- F10These options vested in three installments beginning on July 31, 2009.
- F2$108.9677 is the weighted average sales price. Prices for this transaction ranged from $108.53 to $109.42. 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.
- F3$109.6700 is the weighted average sales price. Prices for this transaction ranged from $109.37 to $110.27. 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.
- F4$109.0150 is the weighted average sales price. Prices for this transaction ranged from $108.65 to $109.36. 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.
- F5$109.0101 is the weighted average sales price. Prices for this transaction ranged from $108.63 to $109.465. 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.
- F6$109.532 is the weighted average sales price. Prices for this transaction ranged from $109.50 to $109.67. 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.
- F7These shares are held in an irrevocable trust for the benefit of the reporting persons chidren. The reporting person is trustee of this trust.
- F8These 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.
- F9These 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.