Durban Egon bought MSI

December 31, 2023 · Form 4 insider transaction

Durban Egon bought 80 shares of Motorola Solutions, Inc. at $313.09 per share, a transaction worth $25.0K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 3 days after the transaction.

Direction
Acquired (buy-side)
Shares
80
Price
$313.09
Total value
$25.0K
RoleDirector
SecurityCommon Stock
Transaction codeA: Grant or award
Transaction dateDecember 31, 2023
Filing dateJanuary 3, 2024
Shares owned after21,046
OwnershipIndirect
10b5-1 planNo
AmendedNo

Footnotes

Deferred Stock Unit award subject to deferred distribution after termination of service as a director of the Issuer, an exempt transaction pursuant to Rule 16b-3(d) under the Securities Exchange Act of 1934, as amended (the "Exchange Act").; Includes Deferred Stock Units received pursuant to dividend equivalent rights, which were credited to the reporting person when and as dividends were paid on the Issuer's common stock.; These securities are held by Mr. Durban for the benefit of Silver Lake Technology Management, L.L.C., certain of its affiliates, and certain of the funds they manage ("Silver Lake"). Mr. Durban serves as a director of the Issuer. Pursuant to Mr. Durban's arrangement with Silver Lake with respect to director compensation, upon the sale of these securities, the proceeds from such sale(s) are expected to be remitted to Silver Lake and/or its limited partners. Mr. Durban, through his role at Silver Lake and its affiliates, may be deemed to have an indirect interest in the securities reported herein. Pursuant to Rule 16a-1(a)(4) under the Exchange Act, this filing shall not be deemed an admission that Mr. Durban is the beneficial owner of all securities covered by this filing, and Mr. Durban disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, if any.

View the original Form 4 on SEC EDGAR