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SPX Technologies, Inc. Director's Dealing 2004

Feb 20, 2004

30660_dirs_2004-02-20_01cdd84c-9154-41d5-b6ca-bb5910c97d48.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPX CORP (SPW)
CIK: 0000088205
Period of Report: 2004-02-18

Reporting Person: KEARNEY CHRISTOPHER J (VP, Secretary and Gen. Counsel)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2004-02-18 Common Stock A 25842 Acquired 55156 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 2057 Indirect
Common Stock 642 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Employee stock option to purchase common stock $30.00 2008-08-25 Common Stock (68000) 68000 Direct
Employee stock option to purchase common stock $37.50 2008-08-25 Common Stock (66000) 66000 Direct
Employee stock option to purchase common stock $45.00 2008-08-25 Common Stock (66000) 66000 Direct
Employee stock option to purchase common stock $38.9063 2010-01-02 Common Stock (50000) 50000 Direct
Employee stock option to purchase common stock $58.50 2007-02-09 Common Stock (9674) 9674 Direct
Employee stock option to purchase common stock $72.00 2007-02-09 Common Stock (14146) 14146 Direct
Employee stock option to purchase common stock $72.00 2007-02-09 Common Stock (2750) 2750 Direct
Employee stock option to purchase common stock $72.00 2008-01-01 Common Stock (1220) 1220 Direct
Employee stock option to purchase common stock $ 2010-08-21 Common Stock (500000) 500000 Direct
Employee stock option to purchase common stock $48.44 2011-01-01 Common Stock (50000) 50000 Direct
Employee stock option to purchase common stock $46.54 2008-01-01 Common Stock (3888) 3888 Direct
Employee stock option to purchase common stock $46.54 2009-01-03 Common Stock (20890) 20890 Direct
Employee stock option to purchase common stock $50.01 2008-01-01 Common Stock (18090) 18090 Direct
Employee stock option to purchase common stock $69.43 2012-01-01 Common Stock (50000) 50000 Direct
Employee stock option to purchase common stock $38.57 2013-01-02 Common Stock (50000) 50000 Direct

Footnotes

F1: The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

F2: Granted under the SPX Corporation 2002 Stock Compensation Plan or its predecessor plan, the 1992 Stock Compensation Plan.

F3: Option vested as to 25,000 shares on each of January 2, 2002 and 2003.

F4: Grant of options to purchase Common Stock: 125,000 shares at $105 per share, 125,000 shares at $120 per share, 125,000 shares at $135 per share, and 125,000 shares at $150 per share.

F5: Option vested as to 16,668 shares on January 2, 2002 and 16,666 shares on each of January 2, 2003 and 2004.

F6: Option vests as to 16,668 shares on January 2, 2003 and 16,666 shares on each of January 2, 2004 and 2005.

F7: Option vests as to 16,667 shares on each of January 3, 2004 and 2005, and 16,666 shares on January 3, 2006.

F8: Grant of restricted stock pursuant to SPX Corporation 2002 Stock Compensation Plan.