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2022-2024 Performance Measures under the Motorola Solutions Long Range Incentive Plan (LRIP), as approved on February 15, 2022

EX-10.14 15 msiex1014q12022.htm EX-10.14 Document
        Exhibit 10.14
Motorola Solutions, Inc.
2022-2024 Long Range Incentive Plan (LRIP) Terms
As Approved by the Compensation and Leadership Committee
On February 15, 2022

Design Feature2022-2024 LRIP
Performance CycleThree years from January 1, 2022 through December 31, 2024
Eligible PopulationCorporate Vice Presidents and above
Performance Criteria
Relative Total Shareholder Return (TSR)
TSR Defined as:
Ending stock price
     (Daily average during the final three months of the Performance Cycle)
+ Value of reinvested dividends
= Total ending value
Beginning stock price
   (Daily average during the three months preceding the Performance Cycle)
= Total value created
÷ Beginning share price
   (Daily average during the three months preceding the Performance Cycle)
= Total shareholder return
Negative TSR ComponentIf the resulting TSR performance for Motorola Solutions is negative, the Committee will have full discretion to reduce the final calculated payout.
Comparator GroupS&P 500 defined as companies in the S&P 500 at the beginning of the performance period; must be publically traded on or after July 1, 2023 to be included in the TSR percentile calculation at the end of the performance cycle.
Payout Scale
Relative TSR Payout Scale
MSI 3-Year TSR
Percentile Rank
Payout Factor
90th – 100th Percentile
80th – 89.99th Percentile
70th – 79.99th Percentile
60th – 69.99th Percentile
55th – 59.99th Percentile
50th – 54.99th Percentile
45th – 49.99th Percentile
35th – 44.99th Percentile
30th – 34.99th Percentile
< 30.00th Percentile