Mark S. Hacker - 07 Mar 2022 Form 4 Insider Report for Motorola Solutions, Inc. (MSI)

Footnote F1

Represents the shares withheld by the Company to satisfy the tax withholding requirement upon settlement (on March 7, 2022 per the award terms) of performance stock units, which were determined to be earned on February 15, 2022 based on performance results for the applicable performance period, as previously reported on a Form 4 as of February 17, 2022.

Footnote F2

Includes shares acquired under the Motorola Solutions Employee Stock Purchase Plan.

Footnote F3

Represents the vesting (1,354) and payout (1,651) of the first tranche (1/3) of the market stock units ("MSU") granted on March 8, 2021 at 122% payout factor and such payment includes 297 shares which were above the target number of shares originally reported.

Footnote F4

Each market stock unit ("MSU") converts into shares of common stock on a 1-for-1 basis but the number of MSUs earned varies from 0% to 200% of the target number of MSUs based on the average of the closing price of the Company's common stock on the date of grant and the thirty calendar days immediately preceding the date of grant (referred to as Share Price on Date of Grant) as compared to the closing share price of the Company's common stock on the vesting date and the thirty calendar days immediately preceding the vesting date (referred to as Share Price on Vesting Date). The target number of MSUs is reported in this Report.

Footnote F5

One third of the MSU award will vest on each of the first, second and third anniversaries of the date of grant and will be converted into shares of common stock based on a payout factor, provided that the MSUs will only vest if the Share Price on the Vesting Date equals at least 60% of the Share Price on the Date of Grant.