BROWN GREGORY Q - 12 May 2023 Form 4 Insider Report for Motorola Solutions, Inc. (MSI)

Role
Chairman and CEO, Director
Signature
Kristin L. Kruska, on behalf of Gregory Q. Brown, Chairman and Chief Executive Officer (Power of Attorney on File)
Issuer symbol
MSI
Transactions as of
12 May 2023
Net transactions value
-$22,440,397
Form type
4
Filing time
16 May 2023, 16:36:27 UTC
Previous filing
15 Mar 2023
Next filing
18 May 2023
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 $3,321,500 +50,000 +54% $66.43* 141,843 12 May 2023 Direct F1
transaction MSI Motorola Solutions, Inc. - Common Stock Sale $3,403,744 -11,616 -8.2% $293.02 130,227 12 May 2023 Direct F1, F2
transaction MSI Motorola Solutions, Inc. - Common Stock Sale $1,838,761 -6,300 -4.8% $291.87 123,927 12 May 2023 Direct F1, F3
transaction MSI Motorola Solutions, Inc. - Common Stock Sale $3,267,491 -11,233 -9.1% $290.88 112,694 12 May 2023 Direct F1, F4
transaction MSI Motorola Solutions, Inc. Sale $5,178,089 -17,852 -16% $290.06 94,842 12 May 2023 Direct F1, F5
transaction MSI Motorola Solutions, Inc. Sale $868,261 -2,999 -3.2% $289.52 91,843 12 May 2023 Direct F1, F6
transaction MSI Motorola Solutions, Inc. - Common Stock Options Exercise $3,321,500 +50,000 +54% $66.43* 141,843 15 May 2023 Direct F1
transaction MSI Motorola Solutions, Inc. - Common Stock Sale $3,459,685 -11,866 -8.4% $291.56 129,977 15 May 2023 Direct F1, F7
transaction MSI Motorola Solutions, Inc. - Common Stock Sale $5,466,936 -18,808 -14% $290.67 111,169 15 May 2023 Direct F1, F8
transaction MSI Motorola Solutions, Inc. - Common Stock Sale $5,397,990 -18,626 -17% $289.81 92,543 15 May 2023 Direct F1, F9
transaction MSI Motorola Solutions, Inc. - Common Stock Sale $202,440 -700 -0.76% $289.20 91,843 15 May 2023 Direct F1
holding MSI Motorola Solutions, Inc. - Common Stock 2,220 12 May 2023 Held by wife
holding MSI Motorola Solutions, Inc. - Common Stock 81,000 12 May 2023 By Trust F10
holding MSI Motorola Solutions, Inc. - Common Stock 78,780 12 May 2023 By Trust F11
holding MSI Motorola Solutions, Inc. - Common Stock 24,739 12 May 2023 By Trust F12
holding MSI Motorola Solutions, Inc. - Common Stock 22,540 12 May 2023 By Trust F13
holding MSI Motorola Solutions, Inc. - Common Stock 53,607 12 May 2023 2021 Grantor Retained Annuity Trust, reporting person is the Trustee
holding MSI Motorola Solutions Inc. - Common Stock 101,609 12 May 2023 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 Employee Stock Option - Right to Buy Options Exercise $0 -50,000 -17% $0.000000 250,000 12 May 2023 Motorola Solutions, Inc. - Common Stock 50,000 $66.43 Direct F14
transaction MSI Employee Stock Option - Right to Buy Options Exercise $0 -50,000 -20% $0.000000 200,000 15 May 2023 Motorola Solutions, Inc. - Common Stock 50,000 $66.43 Direct F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares acquired under the Motorola Solutions Employee Stock Purchase Plan and through the reinvestment of dividends.
F2 $293.0220 is the weighted average sales price. Prices for this transaction ranged from $292.40 to $293.265. 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 $291.8668 is the weighted average sales price. Prices for this transaction ranged from $291.44 to $292.34. 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 $290.8832 is the weighted average sales price. Prices for this transaction ranged from $290.53 to $291.4275. 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 $290.0565 is the weighted average sales price. Prices for this transaction ranged from $289.63 to $290.525. 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 $289.5170 is the weighted average sales price. Prices for this transaction ranged from $289.32 to $289.60. 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 $291.5629 is the weighted average sales price. Prices for this transaction ranged from $291.17 to $292.07. 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 $290.6708 is the weighted average sales price. Prices for this transaction ranged from $290.26 to $291.16. 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 $289.8094 is the weighted average sales price. Prices for this transaction ranged from $289.35 to $290.25. 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.
F10 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.
F11 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.
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 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.
F14 These options vested upon the later of: (a) the date on which the average closing price of Company common stock for any fifteen consecutive trading days was 115% or greater than the average closing price of Company common stock for the fifteen trading days immediately preceding the date of grant on March 10, 2014 (which was met as of August 26, 2016); and (b) in three equal installments on the first, second and third anniversary of the grant date.