BROWN GREGORY Q - 08 Nov 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)
Issuer symbol
MSI
Transactions as of
08 Nov 2023
Net transactions value
-$16,949,902
Form type
4
Filing time
09 Nov 2023, 16:00:34 UTC
Previous filing
08 Nov 2023
Next filing
15 Nov 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 $4,650,100 +70,000 +113% $66.43* 132,105 08 Nov 2023 Direct F1
transaction MSI Motorola Solutions, Inc. - Common Stock Sale $1,676,440 -5,411 -4.1% $309.82 126,694 08 Nov 2023 Direct F1, F2
transaction MSI Motorola Solutions, Inc. - Common Stock Sale $10,369,416 -33,543 -26% $309.14 93,151 08 Nov 2023 Direct F1, F3
transaction MSI Motorola Solutions, Inc. - Common Stock Sale $5,032,260 -16,331 -18% $308.14 76,820 08 Nov 2023 Direct F1, F4
transaction MSI Motorola Solutions, Inc. - Common Stock Sale $4,521,886 -14,715 -19% $307.30 62,105 08 Nov 2023 Direct F1, F5
holding MSI Motorola Solutions, Inc. - Common Stock 2,220 08 Nov 2023 Held by wife
holding MSI Motorola Solutions, Inc. - Common Stock 81,000 08 Nov 2023 By Trust F6
holding MSI Motorola Solutions, Inc. - Common Stock 53,180 08 Nov 2023 By Trust F7
holding MSI Motorola Solutions, Inc. - Common Stock 18,313 08 Nov 2023 By Trust F8
holding MSI Motorola Solutions, Inc. - Common Stock 17,214 08 Nov 2023 By Trust F9
holding MSI Motorola Solutions, Inc. - Common Stock 64,102 08 Nov 2023 2022-1 Grantor Retained Annuity Trust, reporting person is the Trustee
holding MSI Motorola Solutions Inc. - Common Stock 85,435 08 Nov 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 -70,000 -100% $0.000000* 0 08 Nov 2023 Motorola Solutions, Inc. - Common Stock 70,000 $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.