Motorola Solutions director granted 598 stock units
DENMAN KENNETH D reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
DENMAN KENNETH D reported acquisition or exercise transactions in this Form 4 filing.
Motorola Solutions, Inc. director Kenneth D. Denman reported receiving an equity award of 598 Deferred Stock Units of common stock as compensation. The award carried no cash purchase price and increased his directly held equity position to 7,770.35 shares-equivalent. These Deferred Stock Units are scheduled for distribution on the earlier of the first anniversary of the grant date or his termination of service as a director. His reported holdings also include additional Deferred Stock Units that were credited over time through dividend equivalent rights when dividends were paid on Motorola Solutions common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Motorola Solutions, Inc. - Common Stock | 598 | $0.00 | $0.00 |
Footnotes (2)
- F1. Deferred Stock Unit award subject to deferred distribution on the earlier of (i) the first anniversary of the date of grant, or (ii) termination of service as a director of issuer, an exempt transaction pursuant to Rule 16b-3(d) under the Securities and Exchange Act of 1934, as amended.
- F2. Includes Deferred Stock Units received pursuant to dividend equivalent rights which were credited to the reporting person when and as dividends were paid on Motorola Solutions, Inc. common stock.
Key Figures
Key Terms
Deferred Stock Unit financial
dividend equivalent rights financial
Rule 16b-3(d) regulatory
FAQ
What insider transaction did Motorola Solutions (MSI) disclose for Kenneth D. Denman?
What are the terms of the Deferred Stock Unit award reported by Motorola Solutions (MSI)?
What are dividend equivalent rights mentioned in the Motorola Solutions (MSI) Form 4?
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