SPX Technologies, Inc. — Director's Dealing 2004

Feb 20, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: FLORJANCIC FREDERICK J JR (Pres. of Spec. Eng. Products)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-02-18	Common Stock	A	25000	—	Acquired	27000	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	265	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee stock option to purchase common stock	$59.11	2011-05-23	Common Stock (25000)	25000	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: Granted under the SPX Corporation 2002 Stock Compensation Plan or its predecessor plan, the 1992 Stock Compensation Plan.

F2: Option vests as to 8,334 shares on each of May 24, 2002 and 2004, and 8,333 shares on May 24, 2003.

F3: Option vests as to 16,668 shares on January 2, 2003, and 16,666 shares on each of January 2, 2004 and 2005.

F4: Option vests as to 16,667 shares on each of January 3, 2004 and 2005, and 16,666 shares on January 3, 2006.

F5: Grant of restricted stock pursuant to SPX Corporation 2002 Stock Compensation Plan.