0001656592-17-000002.txt : 20170313
0001656592-17-000002.hdr.sgml : 20170313
20170313204444
ACCESSION NUMBER: 0001656592-17-000002
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170309
FILED AS OF DATE: 20170313
DATE AS OF CHANGE: 20170313
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
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MOLLOY JOHN P
CENTRAL INDEX KEY: 0001656592
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-07221
FILM NUMBER: 17686760
MAIL ADDRESS:
STREET 1: 1303 E. ALGONQUIN ROAD
CITY: SCHAUMBURG
STATE: IL
ZIP: 60196
4
1
edgar.xml
PRIMARY DOCUMENT
X0306
4
2017-03-09
0000068505
Motorola Solutions, Inc.
MSI
0001656592
MOLLOY JOHN P
MOTOROLA SOLUTIONS, INC.
500 WEST MONROE
CHICAGO
IL
60661
0
1
0
0
EVP, Worldwide Sales
Motorola Solutions, Inc. - Common Stock
2017-03-09
4
M
0
1071
74.35
A
16203.8995
D
Motorola Solutions, Inc. - Common Stock
2017-03-09
4
S
0
1071
80.7576
D
15132.8995
D
Motorola Solutions, Inc. - Common Stock
2017-03-09
4
F
0
585
81.37
D
14547.8995
D
Motorola Solutions, Inc. - Common Stock
2017-03-10
4
M
0
2359
0
A
16906.8995
D
Motorola Solutions, Inc. - Common Stock
2017-03-10
4
F
0
734
82.10
D
16172.8995
D
Motorola Solutions, Inc. - Common Stock
2017-03-10
4
F
0
433
82.10
D
15739.8995
D
Employee Stock Options - Right to Buy
74.35
2017-03-09
4
M
0
1071
0
D
2017-05-08
Motorola Solutions, Inc. - Common Stock
1071
0
D
Market Stock Units
2017-03-09
4
A
0
6803
0
A
Motorola Solutions, Inc. - Common Stock
6803
6803
D
Performance Contingent Stock Options
81.37
2017-03-09
4
A
0
330203
0
A
2018-08-25
2022-08-25
Motorola Solutions, Inc. - Common Stock
330203
330203
D
Market Stock Units
2017-03-10
4
M
0
2034
0
D
Motorola Solutions, Inc. - Common Stock
2034
4068
D
Includes shares acquired under the Motorola Solutions Employee Stock Purchase Plan and through the reinvestment of dividends.
Represents the vesting (2,034) and payout (2,359) of the first tranche (1/3) of the market stock units (MSU) granted on March 10, 2016 at 116% payout factor and such payout includes 325 shares which were above the target number of shares originally reported.
These options vested in four equal annual installments beginning on May 8, 2008.
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.
The performance contingent stock options ("PCSOs") vest upon the attainment, by August 25, 2018, of each stock price requirement as follows: (a) 145,836 vests when the Company closing stock price is at least $85.00 for ten consecutive trading days; (b) 77,437 vests when the Company closing stock price is at least $102.50 for ten consecutive trading days; and (c) 106,930 vests when the Company closing stock price is at least $120.00 for ten consecutive trading days. The portion(s) of the option that has/have vested in accordance with the preceding sentence will be exercisable beginning August 25, 2018.
Amber J. Livingston on behalf of John P. Molloy, Executive Vice President, Worldwide Sales (Power of Attorney on File)
2017-03-13