0001062993-24-006260.txt : 20240312 0001062993-24-006260.hdr.sgml : 20240312 20240312161043 ACCESSION NUMBER: 0001062993-24-006260 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240308 FILED AS OF DATE: 20240312 DATE AS OF CHANGE: 20240312 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: DUNNING KAREN E CENTRAL INDEX KEY: 0001963780 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-07221 FILM NUMBER: 24742166 MAIL ADDRESS: STREET 1: MOTOROLA SOLUTIONS, INC. STREET 2: 500 WEST MONROE ST. CITY: CHICAGO STATE: IL ZIP: 60661 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Motorola Solutions, Inc. CENTRAL INDEX KEY: 0000068505 STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 361115800 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 500 W. MONROE ST. CITY: CHICAGO STATE: IL ZIP: 60661 BUSINESS PHONE: 8475765000 MAIL ADDRESS: STREET 1: 500 W. MONROE ST. CITY: CHICAGO STATE: IL ZIP: 60661 FORMER COMPANY: FORMER CONFORMED NAME: MOTOROLA INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: MOTOROLA DELAWARE INC DATE OF NAME CHANGE: 19760414 4 1 form4.xml STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES X0508 4 2024-03-08 0000068505 Motorola Solutions, Inc. MSI 0001963780 DUNNING KAREN E MOTOROLA SOLUTIONS, INC. 500 WEST MONROE ST. CHICAGO IL 60661 0 1 0 0 SVP, Human Resources 0 Motorola Solutions, Inc. - Common Stock 2024-03-08 4 F 0 724.7490 335.41 D 2341.7844 D Motorola Solutions, Inc. - Common Stock 2024-03-08 4 F 0 133.6070 335.41 D 2208.1774 D Motorola Solutions, Inc. - Common Stock 2024-03-09 4 M 0 598 0 A 2806.1774 D Motorola Solutions, Inc. - Common Stock 2024-03-09 4 F 0 235.3140 335.41 D 2570.8634 D Motorola Solutions, Inc. - Common Stock 2024-03-10 4 F 0 168.0250 335.41 D 2402.8384 D Market Stock Units 2024-03-09 4 M 0 483 0 D Motorola Solutions, Inc. - Common Stock 483 964 D Represents the shares withheld by the Company to satisfy the tax withholding requirement upon settlement (on March 8, 2024 per the award terms) of performance stock units, which were determined to be earned on February 21, 2024 based on performance results for the applicable performance period, as previously reported on a Form 4 as of February 23, 2024. Includes shares acquired under the Motorola Solutions Employee Stock Purchase Plan and through the reinvestment of dividends. Represents the vesting (483) and payout (598) of the first tranche (1/3) of the market stock units (MSU) granted on March 9, 2023 at 124% payout factor and such payment includes 115 shares which were above the target number of shares originally reported. Each market stock unit ("MSU") converts into shares of common stock on a 1-for-1 basis but the number of MSUs earned varies from 0% to 200% of the target number of MSUs based on the average of the closing price of the Company's common stock on the date of grant and the thirty calendar days immediately preceding the date of grant (referred to as Share Price on Date of Grant) as compared to the closing share price of the Company's common stock on the vesting date and the thirty calendar days immediately preceding the vesting date (referred to as Share Price on Vesting Date). The target number of MSUs is reported in this Report. One third of the MSU award will vest on each of the first, second and third anniversaries of the date of grant and will be converted into shares of common stock based on a payout factor, provided that the MSUs will only vest if the Share Price on the Vesting Date equals at least 60% of the Share Price on the Date of Grant. Alejandro Dieguez, on behalf of Karen E. Dunning, Senior Vice President, Human Resources (Power of Attorney on File) 2024-03-12