What is the main purpose of this 8-K filing?

This 8-K filing primarily announces and provides details regarding Motorola's plan to separate into two distinct publicly traded companies: Motorola Solutions and Motorola Mobility Holdings. It also covers related corporate actions such as a reverse stock split and changes to the Board of Directors.

When will the separation into two companies be completed, and what will happen to my Motorola shares?

The separation is planned to be effective on January 4, 2011. Motorola stockholders of record on December 21, 2010, will receive one share of Motorola Mobility Holdings common stock for every eight shares of Motorola common stock they hold. Following this distribution, Motorola will implement a 1-for-7 reverse stock split.

What businesses will each new company focus on?

Motorola Mobility Holdings will comprise the Mobile Devices and Home businesses. The remaining businesses will form Motorola Solutions, which will continue to operate under the new name and ticker symbol 'MSI'.

Are there any changes to the company's leadership or board of directors?

Yes, Gregory Q. Brown is confirmed as President and CEO of Motorola Solutions. The filing also details the resignation of several directors and the appointment of new board members, all effective upon the completion of the separation. Vincent J. Intrieri's appointment to the board is noted as being pursuant to an agreement with Icahn Partners.

MSI 8-K: Leadership Changes & Shareholder Matters

Summary

This 8-K filing from Motorola, Inc. (now Motorola Solutions, Inc.) on December 1, 2010, details significant corporate restructuring and strategic changes. The most critical information for investors revolves around the planned separation of the company into two distinct publicly traded entities: Motorola Solutions and Motorola Mobility Holdings. This separation, effective January 4, 2011, involves a spin-off of the Mobile Devices and Home businesses into Motorola Mobility Holdings, while the remaining businesses will operate as Motorola Solutions, adopting the ticker symbol 'MSI'. Furthermore, the filing announces a 1-for-7 reverse stock split for Motorola Solutions, which will be implemented immediately after the distribution of Motorola Mobility Holdings shares. The company also disclosed changes to its Board of Directors, including the appointment of new members and the resignations of others, effective upon the completion of the separation. Gregory Q. Brown is confirmed as President and CEO of the continuing entity, Motorola Solutions. These events mark a pivotal moment in Motorola's history, fundamentally altering its corporate structure and future strategic direction.

Key Highlights

1Motorola announced a plan to separate into two independent publicly traded companies: Motorola Solutions and Motorola Mobility Holdings.
2The separation is scheduled to be effective on January 4, 2011, with Motorola Mobility Holdings (Mobile Devices and Home businesses) being spun off.
3The remaining business will operate as Motorola Solutions, adopting the ticker symbol 'MSI' on the NYSE starting January 4, 2011.
4Motorola stockholders approved a 1-for-7 reverse stock split for the continuing entity (Motorola Solutions), effective immediately after the spin-off.
5Gregory Q. Brown will serve as President and Chief Executive Officer of Motorola Solutions.
6Several changes to the Board of Directors were announced, with new members appointed and existing members resigning, effective upon the separation.
7Vincent J. Intrieri was appointed to the Board as part of an agreement with Icahn Partners.

Motorola Solutions, Inc. 8-K Report, Executive Changes (Dec 1, 2010)

Summary

Key Highlights

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