John P. Molloy - Dec 13, 2023 Form 4 Insider Report for Motorola Solutions, Inc. (MSI)

Signature
Alejandro Dieguez, on behalf of John P. Molloy, Executive Vice President and Chief Operating Officer (Power of Attorney Attached)
Stock symbol
MSI
Transactions as of
Dec 13, 2023
Transactions value $
-$17,721,251
Form type
4
Date filed
12/15/2023, 04:10 PM
Previous filing
Jun 5, 2023
Next filing
Feb 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSI Motorola Solutions, Inc. - Common Stock Options Exercise $3.68M +45.2K +129.54% $81.37 80.1K Dec 13, 2023 Direct F1, F2
transaction MSI Motorola Solutions, Inc. - Common Stock Sale -$1.81M -5.49K -6.85% $329.19 74.6K Dec 13, 2023 Direct F1, F2, F3
transaction MSI Motorola Solutions, Inc. - Common Stock Sale -$3.3M -10.1K -13.47% $328.46 64.6K Dec 13, 2023 Direct F1, F2, F4
transaction MSI Motorola Solutions, Inc. - Common Stock Sale -$1.35M -4.14K -6.41% $326.96 60.4K Dec 13, 2023 Direct F1, F2, F5
transaction MSI Motorola Solutions, Inc. - Common Stock Sale -$761K -2.33K -3.86% $326.23 58.1K Dec 13, 2023 Direct F1, F2, F6
transaction MSI Motorola Solutions, Inc. - Common Stock Sale -$195K -600 -1.03% $325.60 57.5K Dec 13, 2023 Direct F1, F2, F7
transaction MSI Motorola Solutions, Inc. - Common Stock Sale -$1.79M -5.43K -9.45% $329.19 52.1K Dec 13, 2023 Direct F1, F2, F8
transaction MSI Motorola Solutions, Inc. - Common Stock Sale -$3.28M -9.98K -19.16% $328.48 42.1K Dec 13, 2023 Direct F1, F2, F9
transaction MSI Motorola Solutions, Inc. - Common Stock Sale -$943K -2.88K -6.85% $327.09 39.2K Dec 13, 2023 Direct F1, F2, F10
transaction MSI Motorola Solutions, Inc. - Common Stock Sale -$1.01M -3.09K -7.87% $326.56 36.1K Dec 13, 2023 Direct F1, F2, F11
transaction MSI Motorola Solutions, Inc. - Common Stock Sale -$400K -1.23K -3.4% $325.68 34.9K Dec 13, 2023 Direct F1, F2, F12
transaction MSI Motorola Solutions, Inc. - Common Stock Options Exercise $3.43M +31.6K +90.53% $108.47 66.5K Dec 14, 2023 Direct F1, F2
transaction MSI Motorola Solutions, Inc. - Common Stock Sale -$110K -338 -0.51% $326.00 66.2K Dec 14, 2023 Direct F1, F2
transaction MSI Motorola Solutions, Inc. - Common Stock Sale -$129K -400 -0.6% $322.31 65.8K Dec 14, 2023 Direct F1, F2, F13
transaction MSI Motorola Solutions, Inc. - Common Stock Sale -$132K -411 -0.62% $321.31 65.4K Dec 14, 2023 Direct F1, F2, F14
transaction MSI Motorola Solutions, Inc. - Common Stock Sale -$96.1K -300 -0.46% $320.35 65.1K Dec 14, 2023 Direct F1, F2, F15
transaction MSI Motorola Solutions, Inc. - Common Stock Sale -$414K -1.31K -2.01% $316.87 63.8K Dec 14, 2023 Direct F1, F2, F16
transaction MSI Motorola Solutions, Inc. - Common Stock Sale -$1.99M -6.31K -9.89% $315.91 57.4K Dec 14, 2023 Direct F1, F2, F17
transaction MSI Motorola Solutions, Inc. - Common Stock Sale -$2.12M -6.74K -11.73% $315.14 50.7K Dec 14, 2023 Direct F1, F2, F18
transaction MSI Motorola Solutions, Inc. - Common Stock Sale -$110K -338 -0.67% $326.00 50.4K Dec 14, 2023 Direct F1, F2
transaction MSI Motorola Solutions, Inc. - Common Stock Sale -$67.8K -210 -0.42% $322.81 50.2K Dec 14, 2023 Direct F1, F2, F19
transaction MSI Motorola Solutions, Inc. - Common Stock Sale -$129K -401 -0.8% $321.64 49.8K Dec 14, 2023 Direct F1, F2, F20
transaction MSI Motorola Solutions, Inc. - Common Stock Sale -$179K -558 -1.12% $320.46 49.2K Dec 14, 2023 Direct F1, F2, F21
transaction MSI Motorola Solutions, Inc. - Common Stock Sale -$470K -1.48K -3.01% $316.84 47.7K Dec 14, 2023 Direct F1, F2, F22
transaction MSI Motorola Solutions, Inc. - Common Stock Sale -$1.82M -5.75K -12.05% $315.90 42K Dec 14, 2023 Direct F1, F2, F23
transaction MSI Motorola Solutions, Inc. - Common Stock Sale -$2.23M -7.06K -16.83% $315.16 34.9K Dec 14, 2023 Direct F1, F2, F24

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 Options Options Exercise $0 -45.2K -100% $0.00* 0 Dec 13, 2023 Motorola Solutions, Inc. - Common Stock 45.2K $81.37 Direct F1, F25
transaction MSI Performance Options Options Exercise $0 -31.6K -100% $0.00* 0 Dec 14, 2023 Motorola Solutions, Inc. - Common Stock 31.6K $108.47 Direct F1, F26
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 September 13, 2023.
F2 Includes shares acquired under the Motorola Solutions Employee Stock Purchase Plan and through the reinvestment of dividends.
F3 $329.1893 is the weighted average sales price. Prices for this transaction ranged from $328.88 to $329.81. 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 $328.4562 is the weighted average sales price. Prices for this transaction ranged from $327.87 to $328.83. 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 $326.9642 is the weighted average sales price. Prices for this transaction ranged from $326.71 to $327.58. 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 $326.2329 is the weighted average sales price. Prices for this transaction ranged from $325.75 to $326.61. 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.
F7 $325.5967 is the weighted average sales price. Prices for this transaction ranged from $325.45 to $325.69. 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.
F8 $329.1861 is the weighted average sales price. Prices for this transaction ranged from $328.87 to $329.81. 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 $328.4768 is the weighted average sales price. Prices for this transaction ranged from $327.88 to $328.80. 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 $327.0932 is the weighted average sales price. Prices for this transaction ranged from $326.87 to $327.81. 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.
F11 $326.5597 is the weighted average sales price. Prices for this transaction ranged from $326.12 to $326.832. 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.
F12 $325.6837 is the weighted average sales price. Prices for this transaction ranged from $325.45 to $325.78. 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.
F13 $322.3125 is the weighted average sales price. Prices for this transaction ranged from $321.99 to $322.635. 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.
F14 $321.3112 is the weighted average sales price. Prices for this transaction ranged from $320.81 to $321.50. 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.
F15 $320.3484 is the weighted average sales price. Prices for this transaction ranged from $320.02 to $320.52. 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.
F16 $316.8671 is the weighted average sales price. Prices for this transaction ranged from $316.55 to $317.445. 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.
F17 $315.9130 is the weighted average sales price. Prices for this transaction ranged from $315.54 to $316.48. 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.
F18 $315.1412 is the weighted average sales price. Prices for this transaction ranged from $314.63 to $315.52. 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.
F19 $322.8121 is the weighted average sales price. Prices for this transaction ranged from $322.64 to $323.28. 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.
F20 $321.6447 is the weighted average sales price. Prices for this transaction ranged from $321.20 to $321.99. 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.
F21 $320.4633 is the weighted average sales price. Prices for this transaction ranged from $320.00 to $320.83. 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.
F22 $316.8441 is the weighted average sales price. Prices for this transaction ranged from $316.55 to $317.445. 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.
F23 $315.8960 is the weighted average sales price. Prices for this transaction ranged from $315.53 to $316.48. 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.
F24 $315.1572 is the weighted average sales price. Prices for this transaction ranged from $314.64 to $315.52. 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.
F25 These performance based stock options vested on March 9, 2020, upon the attainment of the satisfaction of certain financial performance objectives.
F26 These performance based stock options vested on March 8, 2021, upon the attainment of the satisfaction of certain financial performance objectives.

Remarks:

Exhibit 24 - Power of Attorney CE