0001201232-20-000004.txt : 20200310 0001201232-20-000004.hdr.sgml : 20200310 20200310163649 ACCESSION NUMBER: 0001201232-20-000004 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200308 FILED AS OF DATE: 20200310 DATE AS OF CHANGE: 20200310 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: 20702017 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 2020-03-08 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 2020-03-08 4 M 0 17481 0 A 123338.0468 D Motorola Solutions, Inc. - Common Stock 2020-03-08 4 F 0 7745 175.92 D 115593.0468 D Motorola Solutions, Inc. - Common Stock 2020-03-09 4 M 0 25270 0 A 140863.0468 D Motorola Solutions, Inc. - Common Stock 2020-03-09 4 F 0 11195 165.69 D 129668.0468 D Motorola Solutions, Inc. - Common Stock 2220 I Held by wife Motorola Solutions, Inc. - Common Stock 81000 I By Trust Motorola Solutions, Inc. - Common Stock 116523 I By Trust Motorola Solutions, Inc. - Common Stock 29816 I 2018 Grantor Retained Annuity Trust, reporting person is Trustee Motorola Solutions, Inc. - Common Stock 75020 I 2019 Grantor Retained Annuity Trust, reporting person is Trustee Market Stock Units 2020-03-08 4 M 0 10223 0 D Motorola Solutions, Inc. - Common Stock 10223 10222 D Market Stock Units 2020-03-09 4 M 0 12635 0 D Motorola Solutions, Inc. - Common Stock 12635 0 D Performance Option 81.37 2020-03-09 4 A 0 378435 0 A 2027-03-09 Motorola Solutions, Inc. - Common Stock 378435 378435 D Represents the vesting (10,223) and payout (17,481) of the second tranche (1/3) of the market stock units (MSU) granted on March 8, 2018 at 171% payout factor and such payment includes 7,258 shares which were above the target number of shares originally reported. Includes shares acquired under the Motorola Solutions Employee Stock Purchase Plan and 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. Represents the vesting (12,635) and payout (25,270) of the third tranche (1/3) of the market stock units (MSU) granted on March 9, 2017 at 200% payout factor and such payment includes 12,635 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 person's wife and children. The reporting person's wife is trustee of this trust. These shares are held in an irrevocable trust for the benefit of the reporting persons chidren. The reporting person is trustee of this trust. 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. Represents the vesting of performance based stock options granted to the reporting person on March 9, 2017 that were eligible to vest on the third anniversary date of the grant or March 9, 2020 based on the satisfaction of certain financial performance objectives. On March 9, 2020, the Company determined that, based on the Company's performance over the applicable performance period, 378,435 options would vest. Amber J. Livingston, on behalf of Gregory Q. Brown, Chairman and Chief Executive Officer (Power of Attorney on File) 2020-03-10