SEC Form 4 · accession 0001656592-18-000002
Motorola Solutions, Inc. · MSI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John P Molloy
Officer — EVP, Products & Sales
Period of report
Sep 12, 2018
Accepted (ET)
Sep 14, 2018 · 4:17 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 Stock | Sep 12, 2018 | M | 4,145 | $66.57 | A | 23,127 | D | |
| Motorola Solutions, Inc. - Common Stock | Sep 12, 2018 | M | 2,558 | $68.34 | A | 25,685 | D | |
| Motorola Solutions, Inc. - Common Stock | Sep 12, 2018 | M | 145,836 | $81.37 | A | 171,521 | D | |
| Motorola Solutions, Inc. - Common StockF1,F2 | Sep 12, 2018 | S | 152,539 | $125.9161 | D | 18,982 | D | |
| Motorola Solutions, Inc. - Common StockF2 | Sep 12, 2018 | S | 332 | $125.9342 | D | 18,650 | D |
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 BuyF3 | $66.57 | Sep 12, 2018 | M | 4,145 | D | — | Mar 9, 2025 | Motorola Solutions, Inc. - Common Stock | 4,145 | 0 | D |
| Employee Stock Option - Right to BuyF4 | $68.34 | Sep 12, 2018 | M | 2,558 | D | — | Nov 10, 2025 | Motorola Solutions, Inc. - Common Stock | 2,558 | 2,558 | D |
| Performance Contingent Stock OptionsF5 | $81.37 | Sep 12, 2018 | M | 145,836 | D | — | Aug 25, 2022 | Motorola Solutions, Inc. - Common Stock | 145,836 | 184,367 | D |
Explanation of responses
- F1$125.9161 is the weighted average sales price. Prices for this transaction ranged from $126.0950 to $125.80. 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 under the Motorola Solutions Employee Stock Purchase Plan and through the reinvestment of dividends. A fractional share of .2259 was liquidated by the stock plan administrator
- F3These options vested in three equal annual installments beginning on March 9, 2016.
- F4These options vested in three equal annual installments beginning on November 10, 2016.
- F5These performance based stock options vested upon the attainment, by August 25, 2018 of the satisfaction of certain financial performance objectives.