SPX Technologies, Inc. — Director's Dealing 2005

Mar 16, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPX CORP (SPW)
CIK: 0000088205
Period of Report: 2005-03-14

Reporting Person: MANCUSO MICHAEL J. (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-03-14	Phantom Stock	$	A	2500	Acquired	2008-01-01	Common Stock (2500)	Direct

Footnotes

F1: Phantom stock granted pursuant to the SPX Corporation 2005 Non-Employee Directors' Compensation Plan.

F2: 1-for-1

F3: 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.