4//SEC Filing
BONANOTTE GINO A 4
Accession 0001584520-20-000005
CIK 0000068505other
Filed
Mar 22, 8:00 PM ET
Accepted
Mar 23, 5:21 PM ET
Size
9.9 KB
Accession
0001584520-20-000005
Insider Transaction Report
Form 4
BONANOTTE GINO A
CVP and Acting CFO
Transactions
- Exercise/Conversion
Motorola Solutions, Inc. - Common Stock
2020-03-22+2,280→ 52,623.461 total - Tax Payment
Motorola Solutions, Inc. - Common Stock
2020-03-22$136.61/sh−1,011$138,113→ 51,612.461 total - Exercise/Conversion
Market Stock Units
2020-03-22−1,933→ 3,864 total→ Motorola Solutions, Inc. - Common Stock (1,933 underlying)
Footnotes (4)
- [F1]Represents the vesting (1,933) and payout (2,280) of the first tranche (1/3) of the market stock units (MSU) granted on March 22, 2019 at 118% payout factor and such payment includes 347 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]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).
- [F4]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.
Documents
Issuer
Motorola Solutions, Inc.
CIK 0000068505
Entity typeother
Related Parties
1- filerCIK 0001584520
Filing Metadata
- Form type
- 4
- Filed
- Mar 22, 8:00 PM ET
- Accepted
- Mar 23, 5:21 PM ET
- Size
- 9.9 KB