4//SEC Filing
Motorola Solutions, Inc. 4
Accession 0001643595-17-000001
$MSICIK 0000068505operating
Filed
Mar 12, 8:00 PM ET
Accepted
Mar 13, 8:39 PM ET
Size
15.2 KB
Accession
0001643595-17-000001
Insider Transaction Report
Form 4
BRDA BRUCE W
EVP, Systems & Products
Transactions
- Tax Payment
Motorola Solutions, Inc. - Common Stock
2017-03-10$82.10/sh−766$62,889→ 16,546.355 total - Tax Payment
Motorola Solutions, Inc. - Common Stock
2017-03-10$82.10/sh−452$37,109→ 16,094.355 total - Exercise/Conversion
Motorola Solutions, Inc. - Common Stock
2017-03-10+2,359→ 17,312.355 total - Award
Market Stock Units
2017-03-09+6,803→ 6,803 total→ Motorola Solutions, Inc. - Common Stock (6,803 underlying) - Exercise/Conversion
Market Stock Units
2017-03-10−2,034→ 4,068 total→ Motorola Solutions, Inc. - Common Stock (2,034 underlying) - Tax Payment
Motorola Solutions, Inc. - Common Stock
2017-03-09$81.37/sh−610$49,636→ 14,953.355 total
Footnotes (4)
- [F1]Includes shares acquired under the Motorola Solutions Employee Stock Purchase Plan and through the reinvestment of dividends.
- [F2]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.
- [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 typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000068505
Filing Metadata
- Form type
- 4
- Filed
- Mar 12, 8:00 PM ET
- Accepted
- Mar 13, 8:39 PM ET
- Size
- 15.2 KB