4//SEC Filing
NAIK RAJAN 4
Accession 0001062993-25-005587
CIK 0000068505other
Filed
Mar 16, 8:00 PM ET
Accepted
Mar 17, 4:29 PM ET
Size
11.6 KB
Accession
0001062993-25-005587
Insider Transaction Report
Form 4
NAIK RAJAN
SVP, Strategy & Ventures
Transactions
- Tax Payment
Motorola Solutions, Inc. - Common Stock
2025-03-14$417.96/sh−367.33$153,529→ 14,689.94 total - Exercise/Conversion
Market Stock Units
2025-03-14−630→ 1,259 total→ Motorola Solutions, Inc. - Common Stock (630 underlying) - Exercise/Conversion
Motorola Solutions, Inc. - Common Stock
2025-03-14+812→ 15,057.27 total - Award
Market Stock Units
2025-03-13+1,852→ 1,852 total→ Motorola Solutions, Inc. - Common Stock (1,852 underlying)
Footnotes (3)
- [F1]Represents the vesting (630) and payout (812) of the first tranche (1/3) of the market stock units (MSU) granted on March 14, 2024 at 129% payout factor and such payment includes 182 shares which were above the target number of shares originally reported.
- [F2]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.
- [F3]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 0001750714
Filing Metadata
- Form type
- 4
- Filed
- Mar 16, 8:00 PM ET
- Accepted
- Mar 17, 4:29 PM ET
- Size
- 11.6 KB