SEC Form 4 · accession 0001578512-18-000014

Motorola Solutions, Inc. · MSI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Mark S. Hacker

Officer — EVP, GC & Chief Admin Officer

Period of report

Sep 7, 2018

Accepted (ET)

Sep 11, 2018 · 4:06 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
Motorola Solutions, Inc. - Common Stock	Sep 7, 2018	M	41,736	$66.43	A	56,259	D
Motorola Solutions, Inc. - Common Stock	Sep 7, 2018	M	9,363	$65.48	A	65,622	D
Motorola Solutions, Inc. - Common Stock	Sep 7, 2018	M	43,053	$66.57	A	108,675	D
Motorola Solutions, Inc. - Common Stock^F1	Sep 7, 2018	S	332	$127.50	D	108,343	D
Motorola Solutions, Inc. - Common Stock^F2,F1	Sep 7, 2018	S	8,144	$127.4315	D	100,199	D
Motorola Solutions, Inc. - Common Stock^F3,F1	Sep 7, 2018	S	30,806	$127.3411	D	69,393	D
Motorola Solutions, Inc. - Common Stock^F4,F1	Sep 7, 2018	S	63,346	$126.7917	D	6,047	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	D/I
Employee Stock Option - Right to Buy^F5	$66.43	Sep 7, 2018	M	41,736	D	—	Mar 10, 2024	Motorola Solutions, Inc. - Common Stock	41,736	D
Employee Stock Option - Right to Buy^F6	$65.48	Sep 7, 2018	M	9,363	D	—	Jan 23, 2025	Motorola Solutions, Inc. - Common Stock	9,363	D
Performance Option^F7	$66.57	Sep 7, 2018	M	43,053	D	—	Mar 9, 2025	Motorola Solutions, Inc. - Common Stock	43,053	D

Explanation of responses

F1Includes shares acquired through the Motorola Solutions Employee Stock Purchase Plan. A fractional share of .2259 was liquidated by the stock plan administrator.
F2$127.4315 is the weighted average sales price. Prices for this transaction ranged from $127.98 to $127.15. 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$127.3411 is the weighted average sales price. Prices for this transaction ranged from $127.98 to $127.00. 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$126.7917 is the weighted average sales price. Prices for this transaction ranged from $126.995 to $126.495. 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 options vested the later of (a) the date on which the average closing price of the company common stock for any fifteen consecutive trading days is 115% or greater than the average closing price of the company common stock for the fifteen trading days immediately preceding the date of grant on March 10, 2014 and (b) in three equal annual installments beginning on March 10, 2015.
F6These options vested in three equal annual installments beginning on January 23, 2016.
F7These performance based stock options vested on the third anniversary date of the grant or March 9, 2018 based on the satisfaction of certain financial performance objectives. On March 9, 2018, the Company determined that, based on the Company's performance over the applicable performance period, 43,053 options vested.