Brown Gregory Q - Nov 8, 2023 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
Nov 8, 2023
Transactions value $
-$16,949,902
Form type
4
Date filed
11/9/2023, 04:00 PM
Previous filing
Nov 8, 2023
Next filing
Nov 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSI Motorola Solutions, Inc. - Common Stock Options Exercise $4.65M +70K +112.71% $66.43* 132K Nov 8, 2023 Direct F1
transaction MSI Motorola Solutions, Inc. - Common Stock Sale -$1.68M -5.41K -4.1% $309.82 127K Nov 8, 2023 Direct F1, F2
transaction MSI Motorola Solutions, Inc. - Common Stock Sale -$10.4M -33.5K -26.48% $309.14 93.2K Nov 8, 2023 Direct F1, F3
transaction MSI Motorola Solutions, Inc. - Common Stock Sale -$5.03M -16.3K -17.53% $308.14 76.8K Nov 8, 2023 Direct F1, F4
transaction MSI Motorola Solutions, Inc. - Common Stock Sale -$4.52M -14.7K -19.16% $307.30 62.1K Nov 8, 2023 Direct F1, F5
holding MSI Motorola Solutions, Inc. - Common Stock 2.22K Nov 8, 2023 Held by wife
holding MSI Motorola Solutions, Inc. - Common Stock 81K Nov 8, 2023 By Trust F6
holding MSI Motorola Solutions, Inc. - Common Stock 53.2K Nov 8, 2023 By Trust F7
holding MSI Motorola Solutions, Inc. - Common Stock 18.3K Nov 8, 2023 By Trust F8
holding MSI Motorola Solutions, Inc. - Common Stock 17.2K Nov 8, 2023 By Trust F9
holding MSI Motorola Solutions, Inc. - Common Stock 64.1K Nov 8, 2023 2022-1 Grantor Retained Annuity Trust, reporting person is the Trustee
holding MSI Motorola Solutions Inc. - Common Stock 85.4K Nov 8, 2023 2023-1 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 -70K -100% $0.00* 0 Nov 8, 2023 Motorola Solutions, Inc. - Common Stock 70K $66.43 Direct F10
* 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 $309.8207 is the weighted average sales price. Prices for this transaction ranged from $309.59 to $310.44. 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 $309.1380 is the weighted average sales price. Prices for this transaction ranged from $308.69 to $309.53. 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 $308.1416 is the weighted average sales price. Prices for this transaction ranged from $307.71 to $308.61. 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 $307.2977 is the weighted average sales price. Prices for this transaction ranged from $306.69 to $307.68. 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 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.
F7 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.
F8 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.
F9 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.
F10 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.