0001201232-18-000002.txt : 20180312
0001201232-18-000002.hdr.sgml : 20180312
20180312165224
ACCESSION NUMBER: 0001201232-18-000002
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180308
FILED AS OF DATE: 20180312
DATE AS OF CHANGE: 20180312
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BROWN GREGORY Q
CENTRAL INDEX KEY: 0001201232
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-07221
FILM NUMBER: 18684073
BUSINESS ADDRESS:
STREET 1: 1303 E. ALGONQUIN ROAD
CITY: SCHAUMBURG
STATE: IL
ZIP: 60196
BUSINESS PHONE: 8475765014
MAIL ADDRESS:
STREET 1: 1303 E. ALGONQUIN ROAD
CITY: SCHAUMBURG
STATE: IL
ZIP: 60196
FORMER NAME:
FORMER CONFORMED NAME: BROWN GREGORY
DATE OF NAME CHANGE: 20021025
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Motorola Solutions, Inc.
CENTRAL INDEX KEY: 0000068505
STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663]
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
edgar.xml
PRIMARY DOCUMENT
X0306
4
2018-03-08
0000068505
Motorola Solutions, Inc.
MSI
0001201232
BROWN GREGORY Q
MOTOROLA SOLUTIONS, INC.
500 WEST MONROE
CHICAGO
IL
60661
1
1
0
0
Chairman and CEO
Motorola Solutions, Inc. - Common Stock
2018-03-08
4
M
0
62000
40.33
A
136594.9233
D
Motorola Solutions, Inc. - Common Stock
2018-03-08
4
S
0
23800
108.4968
D
112794.9233
D
Motorola Solutions, Inc. - Common Stock
2018-03-08
4
S
0
38200
107.9006
D
74594.9233
D
Motorola Solutions, Inc. - Common Stock
2018-03-09
4
M
0
125000
40.33
A
199594.9233
D
Motorola Solutions, Inc. - Common Stock
2018-03-09
4
S
0
121200
108.986
D
78394.9233
D
Motorola Solutions, Inc. - Common Stock
2018-03-09
4
S
0
3800
108.4523
D
74594.9233
D
Motorola Solutions, Inc. - Common Stock
2018-03-09
4
M
0
19661
0
A
94255.9233
D
Motorola Solutions, Inc. - Common Stock
2018-03-09
4
F
0
8710
109.09
D
85545.9233
D
Motorola Solutions, Inc. - Common Stock
2018-03-09
4
M
0
16804
0
A
102349.9233
D
Motorola Solutions, Inc. - Common Stock
2018-03-09
4
F
0
7445
109.09
D
94904.9233
D
Motorola Solutions, Inc. - Common Stock
2018-03-10
4
M
0
16360
0
A
111264.9233
D
Motorola Solutions, Inc. - Common Stock
2018-03-10
4
F
0
7248
109.09
D
104016.9233
D
Motorola Solutions, Inc. - Common Stock
139989
I
By Trust
Motorola Solutions, Inc. - Common Stock
81000
I
By Trust
Motorola Solutions, Inc. - Common Stock
2220
I
Held by wife
Motorola Solutions, Inc. - Common Stock
55731
I
2017 Grantor Retained Annuity Trust, reporting person is Trustee
Employee Stock Option - Right to Buy
40.33
2018-03-08
4
M
0
62000
0
D
2018-08-27
Motorola Solutions, Inc. - Common Stock
62000
288000
D
Market Stock Units
2018-03-08
4
A
0
30668
0
A
Motorola Solutions, Inc. - Common Stock
30668
30668
D
Employee Stock Option - Right to Buy
40.33
2018-03-09
4
M
0
125000
0
D
2018-08-27
Motorola Solutions, Inc. - Common Stock
125000
163000
D
Market Stock Units
2018-03-09
4
M
0
12767
0
D
Motorola Solutions, Inc. - Common Stock
12767
0
D
Market Stock Units
2018-03-09
4
M
0
12635
0
D
Motorola Solutions, Inc. - Common Stock
12635
25270
D
Performance Option
66.57
2018-03-09
4
A
0
199123
0
A
2025-03-09
Motorola Solutions, Inc. - Common Stock
199123
199123
D
Market Stock Units
2018-03-10
4
M
0
10624
0
D
Motorola Solutions, Inc. - Common Stock
10624
10624
D
Includes shares acquired through the reinvestment of dividends and dividend equivalent rights credited to the reporting person when and as dividends were paid on Motorola Solutions, Inc. common stock.
$108.4968 is the weighted average sales price. Prices for this transaction ranged from $108.23 to $109.03. 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.
$107.9006 is the weighted average sales price. Prices for this transaction ranged from $107.43 to $108.22. 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.
$108.9860 is the weighted average sales price. Prices for this transaction ranged from $108.61 to $109.49. 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.
$108.4523 is the weighted average sales price. Prices for this transaction ranged from $108.28 to $108.58. 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.
Represents the vesting (12,767) and payout (19,661) of the third tranche (1/3) of the market stock units (MSU) granted on March 9, 2015 at 154% payout factor and such payout includes 6,894 shares which were above the target number of shares originally reported.
Represents the vesting (12,635) and payout (16,804) of the first tranche (1/3) of the market stock units (MSU) granted on March 9, 2017 at 133% payout factor and such payout includes 4,169 shares which were above the target number of shares originally reported.
Represents the vesting (10,624) and payout (16,360) of the second tranche (1/3) of the market stock units (MSU) granted on March 10, 2016 at 154% payout factor and such payout includes 5,736 shares which were above the target number of shares originally reported.
These shares are held in an irrevocable trust for the benefit of the reporting persons chidren. The reporting person is trustee of this trust.
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.
These options were originally reported as covering 2,320,652 shares in total at an exercise price of $9.60 per share, but were adjusted to reflect the dividend by Motorola Solutions, Inc. ("MSI") of all outstanding shares of Motorola Mobility Holdings, Inc. to stockholders and the MSI 1-for-7 reverse stock split that occurred on January 4, 2011.
These options vested in three installments beginning on July 31, 2009.
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).
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.
Represents the vesting of performance based stock options granted to the reporting person on March 9, 2015 that were eligible to vest on the third anniversary date of the grant or March 9, 2018 based on the satisfaction of certain financial performance objectives. On March 9, 2018, the Company determined that, based on the Company's performance over the applicable performance period, 199,123 options would vest.
Amber J. Livingston, on behalf of Gregory Q. Brown, Chairman and Chief Executive Officer (Power of Attorney on File)
2018-03-12