SPX Technologies, Inc. — Director's Dealing 2005

Mar 2, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPX CORP (SPW)
CIK: 0000088205
Period of Report: 2005-02-28

Reporting Person: FULLWOOD EMERSON U (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-02-28	Phantom Stock	$	A	2500	Acquired	2008-01-01	Common Stock (2500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1400	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Director Stock Option (right to buy)	$32.4375	2009-01-03	Common Stock (3000)	3000	Direct
Director Stock Option (right to buy)	$29.75	2009-02-23	Common Stock (1000)	1000	Direct
Director Stock Option (right to buy)	$38.9063	2010-01-02	Common Stock (4000)	4000	Direct
Director Stock Option (right to buy)	$48.44	2011-01-01	Common Stock (4000)	4000	Direct
Director Stock Option (right to buy)	$69.43	2012-01-01	Common Stock (4000)	4000	Direct
Director Stock Option (right to buy)	$38.57	2013-01-02	Common Stock (4000)	4000	Direct
Direcor Stock Option (right to buy)	$52	2014-02-24	Common Stock (3800)	3800	Direct

Footnotes

F1: Options granted pursuant to the SPX Corporation 1997 Non-Employee Directors Compensation Plan.

F2: Phantom stock granted pursuant to the SPX Corporation 2005 Non-Employee Directors' Compensation Plan.

F3: 1-for-1

F4: 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.