SEC Form 4 · accession 0001201232-18-000004
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
Sep 12, 2018
Accepted (ET)
Sep 14, 2018 · 4:12 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 | Sep 12, 2018 | M | 65,873 | $26.13 | A | 142,895 | D | |
| Motorola Solutions, Inc. - Common StockF2,F1 | Sep 12, 2018 | S | 65,873 | $125.9415 | D | 77,022 | D | |
| Motorola Solutions, Inc. - Common Stock | holding | — | — | — | 2,220 | I | Held by wife | |
| Motorola Solutions, Inc. - Common StockF3 | holding | — | — | — | 81,000 | I | By Trust | |
| Motorola Solutions, Inc. - Common StockF4 | holding | — | — | — | 117,989 | I | By Trust | |
| Motorola Solutions, Inc. - Common Stock | holding | — | — | — | 38,245 | I | 2017 Grantor Retained Annuity Trust, reporting person is Trustee | |
| Motorola Solutions, Inc. - Common Stock | holding | — | — | — | 44,836 | I | 2018 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 BuyF5,F6 | $26.13 | Sep 12, 2018 | M | 65,873 | D | — | May 7, 2019 | Motorola Solutions, Inc. - Common Stock | 65,873 | 204,953 | 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.
- F2$125.9415 is the weighted average sales price. Prices for this transaction ranged from $126.37 to $125.75. 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.
- F3These 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.
- F4These shares are held in an irrevocable trust for the benefit of the reporting persons chidren. The reporting person is trustee of this trust.
- F5These options were originally reported as covering 1,137,500 shares in total at an exercise price of $6.22 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.
- F6These options vested on January 4, 2011.