AI assistant
SPX Technologies, Inc. — Director's Dealing 2005
Jun 27, 2005
30660_dirs_2005-06-27_976490e8-da4d-40c5-a0c0-c2eab9d61099.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SPX CORP (SPW)
CIK: 0000088205
Period of Report: 2005-06-23
Reporting Person: WILLIAMS DAVID P (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2005-06-23 | Phantom Stock | $ | A | 197 | Acquired | 2008-06-23 | Common Stock (197) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 15522 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Director Stock Option (right to buy) | $58.50 | 2009-01-03 | Common Stock (1372) | 1372 | Direct |
| Director Stock Option (right to buy) | $58.50 | 2010-01-02 | Common Stock (3248) | 3248 | Direct |
| Director Stock Option (right to buy) | $64.60 | 2011-01-01 | Common Stock (3432) | 3432 | Direct |
| Director Stock Option (right to buy) | $69.43 | 2012-01-01 | Common Stock (4000) | 4000 | Direct |
| Director Stock Option (right to buy) | $71.345 | 2008-01-01 | Common Stock (1018) | 1018 | Direct |
| Director Stock Option (right to buy) | $71.345 | 2004-04-26 | Common Stock (1020) | 1020 | Direct |
| Director Stock Option (right to buy) | $71.345 | 2005-04-25 | Common Stock (768) | 768 | Direct |
| Director Stock Option (right to buy) | $71.345 | 2007-02-25 | Common Stock (1646) | 1646 | Direct |
| Director Stock Option (right to buy) | $71.345 | 2006-04-23 | Common Stock (832) | 832 | Direct |
| Director Stock Option (right to buy) | $71.345 | 2005-04-25 | Common Stock (432) | 432 | Direct |
| Director Stock Option (right to buy) | $71.345 | 2008-01-01 | Common Stock (1006) | 1006 | Direct |
| Director Stock Option (right to buy) | $71.345 | 2009-02-23 | Common Stock (632) | 632 | Direct |
| Director Stock Option (right to buy) | $71.345 | 2009-01-03 | Common Stock (744) | 744 | Direct |
| Director Stock Option (right to buy) | $38.57 | 2013-01-02 | Common Stock (4000) | 4000 | Direct |
| Director Stock Option (right to buy) | $52 | 2014-02-24 | Common Stock (3800) | 3800 | Direct |
| Phantom Stock | $ | 2008-01-01 | Common Stock (2500) | 2500 | Direct |
Footnotes
F1: Options granted under the SPX Corporation 1997 Non-Employee Directors Compensation Plan.
F2: Options granted under the SPX Corporation 1992 Stock Compensation Plan.
F3: Phantom stock granted pursuant to the SPX Corporation 2005 Non-Employee Directors' Compensation Plan.
F4: 1-for-1
F5: The grant of phantom stock provides for potential vesting in three annual tranches beginning on January 1, 2006. Vesting is determined by comparing the issuer's shareholder return with the performance of the S&P 500. Any vested portion of the grant will be settled in cash.
F6: The grant of phantom stock provides for automatic vesting in three equal annual tranches beginning on June 23, 2006, provided that the reporting person is still a director on the relevant vesting date. Any vested portion will be settled in cash.