0000928475-12-000027.txt : 20120227
0000928475-12-000027.hdr.sgml : 20120227
20120227171705
ACCESSION NUMBER: 0000928475-12-000027
CONFORMED SUBMISSION TYPE: SC 13D/A
PUBLIC DOCUMENT COUNT: 2
FILED AS OF DATE: 20120227
DATE AS OF CHANGE: 20120227
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: Motorola Solutions, Inc.
CENTRAL INDEX KEY: 0000068505
STANDARD INDUSTRIAL CLASSIFICATION: RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663]
IRS NUMBER: 361115800
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-16011
FILM NUMBER: 12643071
BUSINESS ADDRESS:
STREET 1: 1303 E ALGONQUIN RD
CITY: SCHAUMBURG
STATE: IL
ZIP: 60196
BUSINESS PHONE: 8475765000
MAIL ADDRESS:
STREET 1: 1303 EAST ALGONQUIN ROAD
CITY: SCHAUMBURG
STATE: IL
ZIP: 60196
FORMER COMPANY:
FORMER CONFORMED NAME: MOTOROLA INC
DATE OF NAME CHANGE: 19920703
FORMER COMPANY:
FORMER CONFORMED NAME: MOTOROLA DELAWARE INC
DATE OF NAME CHANGE: 19760414
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: ICAHN CARL C
CENTRAL INDEX KEY: 0000921669
STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000]
IRS NUMBER: 000000000
STATE OF INCORPORATION: NY
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D/A
BUSINESS ADDRESS:
STREET 1: C/O ICAHN ASSOCIATES CORP.
STREET 2: 767 FIFTH AVE., SUITE 4700
CITY: NEW YORK
STATE: NY
ZIP: 10153
BUSINESS PHONE: 212-702-4300
MAIL ADDRESS:
STREET 1: C/O ICAHN ASSOCIATES CORP.
STREET 2: 767 FIFTH AVE., SUITE 4700
CITY: NEW YORK
STATE: NY
ZIP: 10153
FORMER COMPANY:
FORMER CONFORMED NAME: ICAHN CARL C ET AL
DATE OF NAME CHANGE: 19950612
SC 13D/A
1
msisch13damd9022712.txt
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 9)*
Motorola Solutions, Inc.
(Name of Issuer)
Common Stock, Par Value $0.01
(Title of Class of Securities)
620076307
(CUSIP Number)
Keith L. Schaitkin, Esq.
Icahn Capital LP
767 Fifth Avenue, 47th Floor
New York, New York 10153
(212) 702-4380
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
February 26, 2012
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of Section 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check
the following box / /.
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 13d-7 for other parties
to whom copies are to be sent.
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
SCHEDULE 13D
CUSIP No. 620076307
1 NAME OF REPORTING PERSON
High River Limited Partnership
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
3 SEC USE ONLY
4 SOURCE OF FUNDS
WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e) / /
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
7 SOLE VOTING POWER
2,910,574
8 SHARED VOTING POWER
0
9 SOLE DISPOSITIVE POWER
2,910,574
10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,910,574
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.99%
14 TYPE OF REPORTING PERSON
PN
SCHEDULE 13D
CUSIP No. 620076307
1 NAME OF REPORTING PERSON
Hopper Investments LLC
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
3 SEC USE ONLY
4 SOURCE OF FUNDS
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e) / /
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
7 SOLE VOTING POWER
0
8 SHARED VOTING POWER
2,910,574
9 SOLE DISPOSITIVE POWER
0
10 SHARED DISPOSITIVE POWER
2,910,574
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,910,574
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.99%
14 TYPE OF REPORTING PERSON
OO
SCHEDULE 13D
CUSIP No. 620076307
1 NAME OF REPORTING PERSON
Barberry Corp.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
3 SEC USE ONLY
4 SOURCE OF FUNDS
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e) / /
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
7 SOLE VOTING POWER
0
8 SHARED VOTING POWER
2,910,574
9 SOLE DISPOSITIVE POWER
0
10 SHARED DISPOSITIVE POWER
2,910,574
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,910,574
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.99%
14 TYPE OF REPORTING PERSON
CO
SCHEDULE 13D
CUSIP No. 620076307
1 NAME OF REPORTING PERSON
Icahn Partners Master Fund LP
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
3 SEC USE ONLY
4 SOURCE OF FUNDS
WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e) / /
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
7 SOLE VOTING POWER
4,726,309
8 SHARED VOTING POWER
0
9 SOLE DISPOSITIVE POWER
4,726,309
10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,726,309
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.61%
14 TYPE OF REPORTING PERSON
PN
SCHEDULE 13D
CUSIP No. 620076307
1 NAME OF REPORTING PERSON
Icahn Partners Master Fund II LP
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
3 SEC USE ONLY
4 SOURCE OF FUNDS
WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e) / /
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
7 SOLE VOTING POWER
1,647,998
8 SHARED VOTING POWER
0
9 SOLE DISPOSITIVE POWER
1,647,998
10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,647,998
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.56%
14 TYPE OF REPORTING PERSON
PN
SCHEDULE 13D
CUSIP No. 620076307
1 NAME OF REPORTING PERSON
Icahn Partners Master Fund III LP
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
3 SEC USE ONLY
4 SOURCE OF FUNDS
WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e) / /
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
7 SOLE VOTING POWER
724,436
8 SHARED VOTING POWER
0
9 SOLE DISPOSITIVE POWER
724,436
10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
724,436
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.25%
14 TYPE OF REPORTING PERSON
PN
SCHEDULE 13D
CUSIP No. 620076307
1 NAME OF REPORTING PERSON
Icahn Offshore LP
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
3 SEC USE ONLY
4 SOURCE OF FUNDS
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e) / /
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
7 SOLE VOTING POWER
0
8 SHARED VOTING POWER
7,098,743
9 SOLE DISPOSITIVE POWER
0
10 SHARED DISPOSITIVE POWER
7,098,743
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
7,098,743
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
2.41%
14 TYPE OF REPORTING PERSON
PN
SCHEDULE 13D
CUSIP No. 620076307
1 NAME OF REPORTING PERSON
Icahn Partners LP
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
3 SEC USE ONLY
4 SOURCE OF FUNDS
WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e) / /
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
7 SOLE VOTING POWER
4,543,556
8 SHARED VOTING POWER
0
9 SOLE DISPOSITIVE POWER
4,543,556
10 SHARED DISPOSITIVE POWER
0
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,543,556
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.54%
14 TYPE OF REPORTING PERSON
PN
SCHEDULE 13D
CUSIP No. 620076307
1 NAME OF REPORTING PERSON
Icahn Onshore LP
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
3 SEC USE ONLY
4 SOURCE OF FUNDS
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e) / /
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
7 SOLE VOTING POWER
0
8 SHARED VOTING POWER
4,543,556
9 SOLE DISPOSITIVE POWER
0
10 SHARED DISPOSITIVE POWER
4,543,556
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,543,556
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.54%
14 TYPE OF REPORTING PERSON
PN
SCHEDULE 13D
CUSIP No. 620076307
1 NAME OF REPORTING PERSON
Icahn Capital LP
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
3 SEC USE ONLY
4 SOURCE OF FUNDS
WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e) / /
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
7 SOLE VOTING POWER
0
8 SHARED VOTING POWER
11,642,299
9 SOLE DISPOSITIVE POWER
0
10 SHARED DISPOSITIVE POWER
11,642,299
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,642,299
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.96%
14 TYPE OF REPORTING PERSON
PN
SCHEDULE 13D
CUSIP No. 620076307
1 NAME OF REPORTING PERSON
IPH GP LLC
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
3 SEC USE ONLY
4 SOURCE OF FUNDS
WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e) / /
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
7 SOLE VOTING POWER
0
8 SHARED VOTING POWER
11,642,299
9 SOLE DISPOSITIVE POWER
0
10 SHARED DISPOSITIVE POWER
11,642,299
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,642,299
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.96%
14 TYPE OF REPORTING PERSON
OO
SCHEDULE 13D
CUSIP No. 620076307
1 NAME OF REPORTING PERSON
Icahn Enterprises Holdings L.P.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
3 SEC USE ONLY
4 SOURCE OF FUNDS
WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e) / /
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
7 SOLE VOTING POWER
0
8 SHARED VOTING POWER
11,642,299
9 SOLE DISPOSITIVE POWER
0
10 SHARED DISPOSITIVE POWER
11,642,299
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,642,299
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.96%
14 TYPE OF REPORTING PERSON
PN
SCHEDULE 13D
CUSIP No. 620076307
1 NAME OF REPORTING PERSON
Icahn Enterprises G.P. Inc.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
3 SEC USE ONLY
4 SOURCE OF FUNDS
WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e) / /
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
7 SOLE VOTING POWER
0
8 SHARED VOTING POWER
11,642,299
9 SOLE DISPOSITIVE POWER
0
10 SHARED DISPOSITIVE POWER
11,642,299
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,642,299
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.96%
14 TYPE OF REPORTING PERSON
CO
SCHEDULE 13D
CUSIP No. 620076307
1 NAME OF REPORTING PERSON
Beckton Corp.
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
3 SEC USE ONLY
4 SOURCE OF FUNDS
WC
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e) / /
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
7 SOLE VOTING POWER
0
8 SHARED VOTING POWER
11,642,299
9 SOLE DISPOSITIVE POWER
0
10 SHARED DISPOSITIVE POWER
11,642,299
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,642,299
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
3.96%
14 TYPE OF REPORTING PERSON
CO
SCHEDULE 13D
CUSIP No. 620076307
1 NAME OF REPORTING PERSON
Carl C. Icahn
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) / /
(b) / /
3 SEC USE ONLY
4 SOURCE OF FUNDS
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS
2(d) or 2(e) / /
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
7 SOLE VOTING POWER
0
8 SHARED VOTING POWER
14,552,873
9 SOLE DISPOSITIVE POWER
0
10 SHARED DISPOSITIVE POWER
14,552,873
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
14,552,873
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
4.95%
14 TYPE OF REPORTING PERSON
IN
SCHEDULE 13D
Item 1. Security and Issuer
This statement constitutes Amendment No. 9 to the Schedule 13D relating to
the shares of Common Stock, par value $0.01 per share (the "Shares"), issued by
Motorola Solutions, Inc., a Delaware corporation (the "Issuer"), and amends the
Schedule 13D relating to the Shares filed on February 6, 2008 and amended by
Amendment Nos. 1 through 8 thereto (as amended, the "Original 13D"), on behalf
of the Reporting Persons (as defined in the Original 13D). Capitalized terms
used herein and not otherwise defined have the respective meanings ascribed
thereto in the Original 13D.
Item 4. Purpose of Transaction
Item 4 of the Original 13D is hereby amended by adding the following:
On February 26, 2012, certain of the Reporting Person entered into a stock
purchase agreement (the "Stock Purchase Agreement") with the Issuer, pursuant to
which, among other things, the Issuer purchased 23,739,362 Shares from such
Reporting Persons at a price of $49.15 per Share, for aggregate cash
consideration of approximately $1,166,789,642. In addition, as part of the Stock
Purchase Agreement, the Issuer and such Reporting Persons agreed that Vincent J.
Intrieri, who is a Senior Managing Director of Icahn Capital LP and holds
certain other positions with several of the Reporting Persons, will resign from
the Issuer's board of directors effective as of the settlement of the Issuer's
purchase of the Shares pursuant to the Stock Purchase Agreement.
The foregoing description of the Stock Purchase Agreement is only a
summary, is not complete, should be read together with, and is qualified in its
entirety by reference to, the entire Stock Purchase Agreement, which is being
filed herewith as an exhibit, and is incorporated into this Item 4 by reference.
Item 5. Interest in Securities of the Issuer
Items 5(a) and 5(b) of the Original 13D are hereby amended and restated in
their entirety as follows:
(a) The Reporting Persons may be deemed to beneficially own, in the
aggregate 14,552,873 Shares, representing approximately 4.95% of the Issuer's
outstanding Shares (based upon the 317,969,760 Shares stated to be outstanding
as of January 31, 2012 by the Issuer in the Issuer's Form 10-K filed with the
Securities and Exchange Commission on February 15, 2012 less the 23,739,362
Shares purchased by the Issuer pursuant to the Stock Purchase Agreement).
(b) High River has sole voting power and sole dispositive power with regard
to 2,910,574 Shares. Each of Hopper, Barberry and Carl C. Icahn has shared
voting power and shared dispositive power with regard to such Shares. Icahn
Master has sole voting power and sole dispositive power with regard to 4,726,309
Shares. Each of Icahn Offshore, Icahn Capital, IPH, Icahn Enterprises Holdings,
Icahn Enterprises GP, Beckton and Mr. Icahn has shared voting power and shared
dispositive power with regard to such Shares. Icahn Master II has sole voting
power and sole dispositive power with regard to 1,647,998 Shares. Each of Icahn
Offshore, Icahn Capital, IPH, Icahn Enterprises Holdings, Icahn Enterprises GP,
Beckton and Mr. Icahn has shared voting power and shared dispositive power with
regard to such Shares. Icahn Master III has sole voting power and sole
dispositive power with regard to 724,436 Shares. Each of Icahn Offshore, Icahn
Capital, IPH, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton and Mr.
Icahn has shared voting power and shared dispositive power with regard to such
Shares. Icahn Partners has sole voting power and sole dispositive power with
regard to 4,543,556 Shares. Each of Icahn Onshore, Icahn Capital, IPH, Icahn
Enterprises Holdings, Icahn Enterprises GP, Beckton and Mr. Icahn has shared
voting power and shared dispositive power with regard to such Shares.
Each of Hopper, Barberry and Mr. Icahn, by virtue of their relationships to
High River (as disclosed in Item 2 of the Original 13D), may be deemed to
indirectly beneficially own (as that term is defined in Rule 13d-3 under the
Act) the Shares which High River directly beneficially owns. Each of Hopper,
Barberry and Mr. Icahn disclaims beneficial ownership of such Shares for all
other purposes. Each of Icahn Offshore, Icahn Capital, IPH, Icahn Enterprises
Holdings, Icahn Enterprises GP, Beckton and Mr. Icahn, by virtue of their
relationships to each of Icahn Master, Icahn Master II and Icahn Master III (as
disclosed in Item 2 of the Original 13D), may be deemed to indirectly
beneficially own (as that term is defined in Rule 13d-3 under the Act) the
Shares which each of Icahn Master, Icahn Master II and Icahn Master III directly
beneficially owns. Each of Icahn Offshore, Icahn Capital, IPH, Icahn Enterprises
Holdings, Icahn Enterprises GP, Beckton and Mr. Icahn disclaims beneficial
ownership of such Shares for all other purposes. Each of Icahn Onshore, Icahn
Capital, IPH, Icahn Enterprises Holdings, Icahn Enterprises GP, Beckton and Mr.
Icahn, by virtue of their relationships to Icahn Partners (as disclosed in Item
2 of the Original 13D), may be deemed to indirectly beneficially own (as that
term is defined in Rule 13d-3 under the Act) the Shares which Icahn Partners
directly beneficially owns. Each of Icahn Onshore, Icahn Capital, IPH, Icahn
Enterprises Holdings, Icahn Enterprises GP, Beckton and Mr. Icahn disclaims
beneficial ownership of such Shares for all other purposes.
Item 5(c) of the Original 13D is hereby amended to add the following:
(c) The following table sets forth all transactions with respect to Shares
effected by any of the Reporting Persons in the last 60 days. All such
transactions were sales of Shares pursuant to the Stock Purchase Agreement, as
described in item 4 above.
Name of Date Number of Purchase
Reporting of Shares Price per
Person Transaction Purchases (Sold) Share
---------------- ----------- ---------- ---------
High River 2/26/2012 (4,747,872) 49.15
Icahn Partners 2/26/2012 (7,152,202) 49.15
Icahn Master 2/26/2012 (8,513,695) 49.15
Icahn Master II 2/26/2012 (2,184,392) 49.15
Icahn Master III 2/26/2012 (1,141,201) 49.15
Item 5(e). As a result of the transactions reported in this Schedule 13D,
the Reporting Persons ceased to be the beneficial owners of more than five
percent of the Shares.
Item 6. Contracts, Arrangements, Understandings or Relationship with Respect to
Securities of the Issuer
Item 6 of the Original 13D is hereby amended by adding the following:
The disclosure set forth above in Item 4 is hereby incorporated in to this
Item 6 by reference.
Item 7. Exhibits
1. Stock Purchase Agreement
SIGNATURE
After reasonable inquiry and to the best of each of the undersigned
knowledge and belief, each of the undersigned certifies that the information set
forth in this statement is true, complete and correct.
Dated: February 27, 2012
HIGH RIVER LIMITED PARTNERSHIP
By: Hopper Investments LLC, general partner
By: /s/ Edward Mattner
--------------------
Name: Edward Mattner
Title: Authorized Signatory
HOPPER INVESTMENTS LLC
By: /s/ Edward Mattner
--------------------
Name: Edward Mattner
Title: Authorized Signatory
BARBERRY CORP.
By: /s/ Edward Mattner
--------------------
Name: Edward Mattner
Title: Authorized Signatory
ICAHN PARTNERS MASTER FUND LP
By: /s/ Edward E. Mattner
------------------------
Name: Edward E. Mattner
Title: Authorized Signatory
ICAHN PARTNERS MASTER FUND II LP
By: /s/ Edward E. Mattner
------------------------
Name: Edward E. Mattner
Title: Authorized Signatory
ICAHN PARTNERS MASTER FUND III LP
By: /s/ Edward E. Mattner
------------------------
Name: Edward E. Mattner
Title: Authorized Signatory
ICAHN OFFSHORE LP
By: /s/ Edward E. Mattner
------------------------
Name: Edward E. Mattner
Title: Authorized Signatory
ICAHN PARTNERS LP
By: /s/ Edward E. Mattner
------------------------
Name: Edward E. Mattner
Title: Authorized Signatory
ICAHN ONSHORE LP
By: /s/ Edward E. Mattner
------------------------
Name: Edward E. Mattner
Title: Authorized Signatory
ICAHN CAPITAL LP
By: IPH GP LLC, its general partner
By: Icahn Enterprises Holdings L.P., its sole member
By: Icahn Enterprises G.P. Inc., its general partner
By: /s/ Dominick Ragone
---------------------
Name: Dominick Ragone
Title: Chief Financial Officer
IPH GP LLC
By: Icahn Enterprises Holdings L.P., its sole member
By: Icahn Enterprises G.P. Inc., its general partner
By: /s/ Dominick Ragone
---------------------
Name: Dominick Ragone
Title: Chief Financial Officer
ICAHN ENTERPRISES HOLDINGS L.P.
By: Icahn Enterprises G.P. Inc., its general partner
By: /s/ Dominick Ragone
---------------------
Name: Dominick Ragone
Title: Chief Financial Officer
ICAHN ENTERPRISES G.P. INC.
By: /s/ Dominick Ragone
---------------------
Name: Dominick Ragone
Title: Chief Financial Officer
BECKTON CORP.
By: /s/ Edward E. Mattner
------------------------
Name: Edward E. Mattner
Title: Authorized Signatory
/s/ Carl C. Icahn
--------------------
CARL C. ICAHN
EX-99
2
msisch13damd9022712ex1.txt
STOCK PURCHASE AGREEMENT
STOCK PURCHASE AGREEMENT
Stock Purchase Agreement dated as of February 26, 2012 (this "Agreement"), by
and among Motorola Solutions, Inc. (the "Acquiror"), Carl C. Icahn and each of
his affiliates listed on Schedule 1 attached hereto (collectively "Icahn"). The
parties hereby agree as follows:
1. Simultaneously with the execution and delivery of this Agreement, the
Acquiror irrevocably purchases from Icahn and Icahn irrevocably sells to the
Acquiror (subject to receipt of the payment provided herein) 23,739,362 common
shares, par value $0.01 per share ("Shares"), of the Acquiror free and clear of
all Encumbrances at $49.15 per Share in cash for aggregate cash consideration of
$1,166,789,642.30. Such Shares to be purchased from Icahn shall be allocated
amongst the individual Icahn sellers in accordance with Schedule 1. Icahn
reserves the right to specifically identify which shares of Acquiror common
stock shall constitute the Shares being sold to the Acquiror pursuant to this
Agreement. The Acquiror and Icahn shall cause such transaction to settle no
later than March 1, 2012 ("Settlement Date"). Icahn shall deliver such Shares
as directed by the Acquiror (via DTC book entry transfer, by delivering stock
certificates or through a combination of the foregoing) immediately following
confirmation of receipt of a wire transfer, to the accounts set forth on
Schedule 2, of the purchase price set forth above.
2. Each party shall execute such other documents and take such other actions
as are reasonably requested by another party hereto to carry out the provisions
hereof and the transactions contemplated hereby. Each party acknowledges that
the other parties are obligated to disclose and file a copy of this Agreement
pursuant to U.S. securities laws and agrees that nothing in this Agreement shall
restrict the parties' ability to make such disclosures or filings.
3. Each party has conducted its own investigation with respect to the
Shares, acknowledges that the other parties may be in possession of material,
nonpublic information regarding the Acquiror and agrees that no other party
shall have any obligation to disclose such information to such party.
4. Representations and Warranties of Icahn. Icahn hereby represents and
warrants to the Acquiror that:
(a) Icahn has the full right, power and authority to enter into and perform
their respective obligations under this Agreement. All action on the part of
Icahn necessary for the execution of this Agreement and the performance of
Icahn's obligations hereunder has been taken or will be taken prior to the
Settlement Date. This Agreement constitutes the valid and binding obligation of
Icahn, enforceable against Icahn in accordance with its terms.
(b) Icahn has good, valid and marketable title to all of the Shares, free
and clear of any and all Encumbrances. Icahn has the sole right to dispose or
direct the disposition of the Shares. "Encumbrance" shall mean any security
interest, claim, pledge, lien, charge, voting agreement, proxy, mortgage,
conditional sale agreement, title retention agreement, option, adverse claim of
ownership or use, any restriction on ownership, use, voting or transfer, or any
other encumbrance of any kind, character or description whatsoever.
(c) Icahn is not as of the date hereof, and will not become, a party to any
agreement, arrangement or understanding with any Person which could result in
the Acquiror having any obligation or liability for any brokerage fees,
commissions, underwriting discounts or other similar fees or expenses relating
to the transactions contemplated by this Agreement. "Person" shall mean any
individual, corporation, company, association, partnership, limited liability
company, joint venture, trust or unincorporated organization, or a government or
any agency or political subdivision thereof.
5. Representations and Warranties of the Acquiror. The Acquiror hereby
represents and warrants to Icahn that:
(a) The Acquiror has the full right, power and authority to enter into and
perform its obligations under this Agreement. All action on the part of the
Acquiror necessary for the execution of this Agreement and the performance of
its obligations hereunder has been taken or will be taken prior to the
Settlement Date. This Agreement constitutes the valid and binding obligation of
the Acquiror, enforceable against the Acquiror in accordance with its terms.
(b) The Acquiror is not as of the date hereof, and will not become, a party
to any agreement, arrangement or understanding with any Person which could
result in Icahn having any obligation or liability for any brokerage fees,
commissions, underwriting discounts or other similar fees or expenses relating
to the transactions contemplated by this Agreement.
6. The parties agree that as a condition to Acquiror's performance of its
obligations under this Agreement, effective as of the Settlement Date, Icahn
shall cause Vincent J. Intrieri, a director of Icahn Enterprises G.P. Inc. (the
general partner of Icahn Enterprises L.P) ("Intrieri"), to resign from the
Acquiror's board of directors.
7. The parties hereto shall be entitled to an injunction or injunctions to
prevent breaches of this Agreement and to enforce specifically the terms and
provisions of this Agreement exclusively in the Court of Chancery or other
federal or state courts of the State of Delaware, in addition to any other
remedy to which they are entitled at law or in equity. Furthermore, each of the
parties hereto (a) consents to submit itself to the personal jurisdiction of the
Court of Chancery or other federal or state courts of the State of Delaware in
the event any dispute arises out of this Agreement or the transaction
contemplated by this Agreement, (b) agrees that it shall not attempt to deny or
defeat such personal jurisdiction by motion or other request for leave from any
such court, (c) agrees that it shall not bring any action relating to this
Agreement or the transactions contemplated by this Agreement in any court other
than the Court of Chancery or other federal or stat courts of the State of
Delaware, and each or the parties irrevocably waives the right to trial by jury,
(d) agrees to waive any bonding requirement under any applicable law, in the
case any other party seeks to enforce the terms by way of equitable relief, and
(e) irrevocably consents to service of process by a reputable overnight mail
delivery service, signature requested, to the address of such parties' principal
place of business or as otherwise provided by applicable law. This Agreement
shall be governed in all respects, including without limitation validity,
interpretation and effect, by the laws of the State of Delaware applicable to
contracts executed and to be performed wholly within such state without giving
effect to the choice of law principles of such state.
[Signature Page Follows]
IN WITNESS WHEREOF, the parties have executed this Stock Purchase Agreement
as of the date set forth above.
ICAHN:
/s/ Carl C. Icahn
---------------------------------------
Carl C. Icahn, on behalf of himself
and each of the following entities:
High River Limited Partnership
Icahn Partners LP.
Icahn Partners Master Fund LP
Icahn Partners Master Fund II L.P.
Icahn Partners Master Fund III L.P.
ACQUIROR:
MOTOROLA SOLUTIONS, INC., a Delaware
corporation
By: /s/ Edward Fitzpatrick
----------------------------------
Name: Edward Fitzpatrick
Title: Executive Vice President and
Chief Financial Officer
SCHEDULE 1
SELLING PARTY NUMBER OF SHARES CONSIDERATION
------------- ---------------- -------------
High River Limited Partnership 4,747,872 $233,357,908.80
Icahn Partners LP. 7,152,202 $351,530,728.30
Icahn Partners Master Fund LP 8,513,695 $418,448,109.25
Icahn Partners Master Fund II L.P. 2,184,392 $107,362,866.80
Icahn Partners Master Fund III L.P. 1,141,201 $56,090,029.15
SCHEDULE 2
WIRE TRANSFER INSTRUCTIONS
(SEE ATTACHED)