BROWN GREGORY Q - 12 Aug 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)
Issuer symbol: MSI
Transactions as of: 12 Aug 2022
Net transactions value: -$31,531,153
Form type: 4
Filing time: 16 Aug 2022, 16:25:28 UTC
Previous filing: 12 Aug 2022
Next filing: 18 Aug 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MSI	Motorola Solutions, Inc. - Common Stock	Options Exercise	$6,850,000	+100,000	+142%	$68.50^*	170,308	12 Aug 2022	Direct	F1, F2
transaction	MSI	Motorola Solutions, Inc. - Common Stock	Sale	$12,713,385	-49,945	-29%	$254.55	120,363	12 Aug 2022	Direct	F1, F2, F3
transaction	MSI	Motorola Solutions, Inc. - Common Stock	Sale	$11,742,375	-46,267	-38%	$253.80	74,096	12 Aug 2022	Direct	F1, F2, F4
transaction	MSI	Motorola Solutions, Inc. - Common Stock	Sale	$958,648	-3,788	-5.1%	$253.08	70,308	12 Aug 2022	Direct	F1, F2, F5
transaction	MSI	Motorola Solutions, Inc. - Common Stock	Options Exercise	$4,742,186	+69,229	+98%	$68.50^*	139,537	15 Aug 2022	Direct	F1, F2
transaction	MSI	Motorola Solutions, Inc. - Common Stock	Sale	$10,765,591	-42,039	-30%	$256.09	97,498	15 Aug 2022	Direct	F1, F2, F6
transaction	MSI	Motorola Solutions, Inc. - Common Stock	Sale	$6,638,257	-25,990	-27%	$255.42	71,508	15 Aug 2022	Direct	F1, F2, F7
transaction	MSI	Motorola Solutions, Inc. - Common Stock	Sale	$305,084	-1,200	-1.7%	$254.24	70,308	15 Aug 2022	Direct	F1, F2, F8
holding	MSI	Motorola Solutions, Inc. - Common Stock						2,220	12 Aug 2022	Held by wife
holding	MSI	Motorola Solutions, Inc. - Common Stock						81,000	12 Aug 2022	By Trust	F9
holding	MSI	Motorola Solutions, Inc. - Common Stock						78,780	12 Aug 2022	By Trust	F10
holding	MSI	Motorola Solutions, Inc. - Common Stock						37,547	12 Aug 2022	By Trust	F11
holding	MSI	Motorola Solutions, Inc. - Common Stock						35,348	12 Aug 2022	By Trust	F12
holding	MSI	Motorola Solutions, Inc. - Common Stock						18,523	12 Aug 2022	2020-7 Grantor Retained Annuity Trust, reporting person is the Trustee
holding	MSI	Motorola Solutions, Inc. - Common Stock						53,607	12 Aug 2022	2021 Grantor Retained Annuity Trust, reporting person is the Trustee
holding	MSI	Motorola Solutions Inc. - Common Stock						101,609	12 Aug 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	-100,000	-59%	$0.000000	69,229	12 Aug 2022	Motorola Solutions, Inc. - Common Stock	100,000	$68.50	Direct	F1, F13
transaction	MSI	Performance Contingent Stock Option - Right to Buy	Options Exercise	$0	-69,229	-100%	$0.000000^*	0	15 Aug 2022	Motorola Solutions, Inc. - Common Stock	69,229	$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.