4//SEC Filing
MOLLOY JOHN P 4
Accession 0001062993-25-005128
CIK 0000068505other
Filed
Mar 10, 8:00 PM ET
Accepted
Mar 11, 4:28 PM ET
Size
19.4 KB
Accession
0001062993-25-005128
Insider Transaction Report
Form 4
MOLLOY JOHN P
EVP and COO
Transactions
- Tax Payment
Motorola Solutions, Inc. - Common Stock
2025-03-09$423.13/sh−1,194.77$505,543→ 62,213.76 total - Exercise/Conversion
Market Stock Units
2025-03-10−1,661→ 0 total→ Motorola Solutions, Inc. - Common Stock (1,661 underlying) - Award
Performance Options
2025-03-10+35,897→ 35,897 totalExercise: $222.30Exp: 2032-03-10→ Motorola Solutions, Inc. - Common Stock (35,897 underlying) - Exercise/Conversion
Motorola Solutions, Inc. - Common Stock
2025-03-09+2,697→ 63,408.53 total - Tax Payment
Motorola Solutions, Inc. - Common Stock
2025-03-10$415.67/sh−1,456.59$605,461→ 57,984.04 total - Exercise/Conversion
Market Stock Units
2025-03-09−1,615→ 1,614 total→ Motorola Solutions, Inc. - Common Stock (1,615 underlying) - Tax Payment
Motorola Solutions, Inc. - Common Stock
2025-03-10$415.67/sh−6,061.13$2,519,430→ 56,152.63 total - Exercise/Conversion
Motorola Solutions, Inc. - Common Stock
2025-03-10+3,288→ 59,440.63 total
Footnotes (7)
- [F1]Represents the vesting (1,615) and payout (2,697) of the second tranche (1/3) of the market stock units (MSU) granted on March 9, 2023 at 167% payout factor and such payment includes 1,082 shares which were above the target number of shares originally reported.
- [F2]Includes shares acquired under the Motorola Solutions Employee Stock Purchase Plan and through the reinvestment of dividends.
- [F3]Represents the shares withheld by the Company to satisfy the tax withholding requirement upon settlement (on March 10, 2025 per the award terms) of performance stock units, which were determined to be earned on February 25, 2025 based on performance results for the applicable performance period, as previously reported on a Form 4 as of February 27, 2025.
- [F4]Represents the vesting (1,661) and payout (3,288) of the third tranche (1/3) of the market stock units (MSU) granted on March 10, 2022 at 198% payout factor and such payment includes 1,627 shares which were above the target number of shares originally reported.
- [F5]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.
- [F6]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.
- [F7]Represents the vesting of performance based stock options granted to the reporting person on March 10, 2022 that were eligible to vest on the third anniversary date of the grant or March 10, 2025 based on the satisfaction of certain financial performance objectives. On March 10, 2025, the Company determined that, based on the Company's performance over the applicable performance period, 35,897 options would vest.
Issuer
Motorola Solutions, Inc.
CIK 0000068505
Entity typeother
Related Parties
1- filerCIK 0001656592
Filing Metadata
- Form type
- 4
- Filed
- Mar 10, 8:00 PM ET
- Accepted
- Mar 11, 4:28 PM ET
- Size
- 19.4 KB