Brown Gregory Q - Aug 12, 2022 Form 4 Insider Report for Motorola Solutions, Inc. (MSI)

Role
Chairman and CEO, Director
Signature
Lauren E. Henderson, on behalf of Gregory Q. Brown, Chairman and Chief Executive Officer (Power of Attorney on File)
Stock symbol
MSI
Transactions as of
Aug 12, 2022
Transactions value $
-$31,531,153
Form type
4
Date filed
8/16/2022, 04:25 PM
Previous filing
Aug 12, 2022
Next filing
Aug 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSI Motorola Solutions, Inc. - Common Stock Options Exercise $6.85M +100K +142.23% $68.50* 170K Aug 12, 2022 Direct F1, F2
transaction MSI Motorola Solutions, Inc. - Common Stock Sale -$12.7M -49.9K -29.33% $254.55 120K Aug 12, 2022 Direct F1, F2, F3
transaction MSI Motorola Solutions, Inc. - Common Stock Sale -$11.7M -46.3K -38.44% $253.80 74.1K Aug 12, 2022 Direct F1, F2, F4
transaction MSI Motorola Solutions, Inc. - Common Stock Sale -$959K -3.79K -5.11% $253.08 70.3K Aug 12, 2022 Direct F1, F2, F5
transaction MSI Motorola Solutions, Inc. - Common Stock Options Exercise $4.74M +69.2K +98.47% $68.50* 140K Aug 15, 2022 Direct F1, F2
transaction MSI Motorola Solutions, Inc. - Common Stock Sale -$10.8M -42K -30.13% $256.09 97.5K Aug 15, 2022 Direct F1, F2, F6
transaction MSI Motorola Solutions, Inc. - Common Stock Sale -$6.64M -26K -26.66% $255.42 71.5K Aug 15, 2022 Direct F1, F2, F7
transaction MSI Motorola Solutions, Inc. - Common Stock Sale -$305K -1.2K -1.68% $254.24 70.3K Aug 15, 2022 Direct F1, F2, F8
holding MSI Motorola Solutions, Inc. - Common Stock 2.22K Aug 12, 2022 Held by wife
holding MSI Motorola Solutions, Inc. - Common Stock 81K Aug 12, 2022 By Trust F9
holding MSI Motorola Solutions, Inc. - Common Stock 78.8K Aug 12, 2022 By Trust F10
holding MSI Motorola Solutions, Inc. - Common Stock 37.5K Aug 12, 2022 By Trust F11
holding MSI Motorola Solutions, Inc. - Common Stock 35.3K Aug 12, 2022 By Trust F12
holding MSI Motorola Solutions, Inc. - Common Stock 18.5K Aug 12, 2022 2020-7 Grantor Retained Annuity Trust, reporting person is the Trustee
holding MSI Motorola Solutions, Inc. - Common Stock 53.6K Aug 12, 2022 2021 Grantor Retained Annuity Trust, reporting person is the Trustee
holding MSI Motorola Solutions Inc. - Common Stock 102K Aug 12, 2022 2022-1 Grantor Retained Annuity Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MSI Performance Contingent Stock Option - Right to Buy Options Exercise $0 -100K -59.09% $0.00 69.2K Aug 12, 2022 Motorola Solutions, Inc. - Common Stock 100K $68.50 Direct F1, F13
transaction MSI Performance Contingent Stock Option - Right to Buy Options Exercise $0 -69.2K -100% $0.00* 0 Aug 15, 2022 Motorola Solutions, Inc. - Common Stock 69.2K $68.50 Direct F1, F13
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The exercise and sale of options reported in this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the reporting person on December 14, 2021.
F2 Includes shares acquired under the Motorola Solutions Employee Stock Purchase Plan and through the reinvestment of dividends.
F3 $254.5477 is the weighted average sales price. Prices for this transaction ranged from $254.23 to $255.21. 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 $253.7959 is the weighted average sales price. Prices for this transaction ranged from $253.24 to $254.225. 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 $253.075 is the weighted average sales price. Prices for this transaction ranged from $252.60 to $253.23. 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 $256.0858 is the weighted average sales price. Prices for this transaction ranged from $255.71 to $256.69. 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.
F7 $255.4158 is the weighted average sales price. Prices for this transaction ranged from $254.84 to $255.70. 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.
F8 $254.2365 is the weighted average sales price. Prices for this transaction ranged from $253.90 to $254.69. 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.
F9 These 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.
F10 These shares are held in a family trust for the benefit of the reporting person's children. The reporting person's child is trustee of this trust.
F11 These shares are held in a non-exempt gift trust for the benefit of the reporting person's child. The reporting person's wife is trustee of this trust.
F12 These shares are held in a non-exempt gift trust for the benefit of the reporting person's child. The reporting person's wife is trustee of this trust.
F13 These Performance Contingent Stock Options ("PCSOs") vested upon the attainment of each stock price hurdle as follows: 20% vested when the Company closing stock price was $85.00 for ten consecutive trading days (which was met on June 30, 2017); 30% vested when the Company closing stock price was $102.50 for ten consecutive trading days (which was met on February 28, 2018); and 50% vested when the Company closing stock price was $120.00 for ten consecutive trading days (which was met on July 24, 2018). The PCSOs became exercisable on the third anniversary of the date of grant.