4//SEC Filing
NIEWIARA JAMES A 4
Accession 0001062993-25-005135
CIK 0000068505other
Filed
Mar 10, 8:00 PM ET
Accepted
Mar 11, 4:31 PM ET
Size
13.2 KB
Accession
0001062993-25-005135
Insider Transaction Report
Form 4
NIEWIARA JAMES A
SVP, GENERAL COUNSEL
Transactions
- Tax Payment
Motorola Solutions, Inc. - Common Stock
2025-03-10$415.67/sh−959.1$398,669→ 14,432.43 total - Exercise/Conversion
Motorola Solutions, Inc. - Common Stock
2025-03-09+991→ 15,833.86 total - Tax Payment
Motorola Solutions, Inc. - Common Stock
2025-03-10$415.67/sh−189.16$78,628→ 14,243.27 total - Tax Payment
Motorola Solutions, Inc. - Common Stock
2025-03-09$423.13/sh−442.33$187,163→ 15,391.53 total - Exercise/Conversion
Market Stock Units
2025-03-09−594→ 593 total→ Motorola Solutions, Inc. - Common Stock (594 underlying)
Footnotes (5)
- [F1]Represents the vesting (594) and payout (991) 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 397 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]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.
- [F5]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.
Issuer
Motorola Solutions, Inc.
CIK 0000068505
Entity typeother
Related Parties
1- filerCIK 0001963630
Filing Metadata
- Form type
- 4
- Filed
- Mar 10, 8:00 PM ET
- Accepted
- Mar 11, 4:31 PM ET
- Size
- 13.2 KB