FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
MOTOROLA INC [ MOT ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 10/24/2003 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Motorola common stock | 10/24/2003 | M(1) | 6,000(1) | A | $8.68(1) | 12,384.7214(2)(3) | D | |||
Motorola common stock | 10/24/2003 | S(1) | 6,000(1) | D | (1) | 6,384.7214(2)(3) | D | |||
Motorola common stock | 5,084 | I | Held in Profit Sharing account |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Option Equity Adjustment Certificate | $8.68(1) | 10/24/2003 | M(1) | 6,000(1) | 12/16/1994 | 12/16/2003 | Motorola Common Stock | 6,000 | $0 | 0 | D |
Explanation of Responses: |
1. This Certificate was redeemed on October 24, 2003. This Certificate entitles the reporting person to receive upon redemption, cash equal in value to the amount which is the lesser of (1) the difference between $8.68 per share and $14.81 per share or (2) the amount by which the fair market value of a share of Motorola common stock on the date of redemption exceeds $8.68 per share. The fair market value of Motorola common stock on October 24, 2003, the date of redemption was $13.48. At the time of redemption, the non-qualified stock option for 6,000 shares of Motorola common stock at an option exercise price of $14.81 granted to the reporting person on December 16, 1993, must either be exercised or, if not-in-the-money, surrended and cancelled. Such stock option was surrendered and cancelled at the time of redemption. |
2. Includes shares acquired through the reinvestment of dividends. |
3. Includes shares acquired under the Motorola Employee Stock Purchase Plan. |
Remarks: |
By:/s/ Carol Forsyte on behalf of Eugene A. Delaney, Executive Vice President and President, Global Relations and Resources Organization, Motorola, Inc. (Power of Attorney on File) | 10/27/2003 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |