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SPX Technologies, Inc. Director's Dealing 2006

Aug 4, 2006

30660_dirs_2006-08-03_664e014a-26b0-419b-b6dd-ddd264653d15.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: 2006-08-01

Reporting Person: JOHNSON CHARLES E II (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2006-08-01 Common Stock S 300 $53.5 Disposed 65832 Direct
2006-08-01 Common Stock S 200 $53.53 Disposed 65632 Direct
2006-08-01 Common Stock S 200 $53.55 Disposed 65432 Direct
2006-08-01 Common Stock S 100 $53.59 Disposed 65332 Direct
2006-08-01 Common Stock S 400 $53.6 Disposed 64932 Direct
2006-08-01 Common Stock S 100 $53.61 Disposed 64832 Direct
2006-08-01 Common Stock S 500 $53.63 Disposed 64332 Direct
2006-08-01 Common Stock S 200 $53.65 Disposed 64132 Direct
2006-08-01 Common Stock S 100 $53.66 Disposed 64032 Direct
2006-08-01 Common Stock S 300 $53.67 Disposed 63732 Direct
2006-08-01 Common Stock S 100 $53.68 Disposed 63632 Direct
2006-08-01 Common Stock S 100 $53.72 Disposed 63532 Direct
2006-08-01 Common Stock S 100 $53.75 Disposed 63432 Direct
2006-08-01 Common Stock S 400 $53.76 Disposed 63032 Direct
2006-08-01 Common Stock S 100 $53.77 Disposed 62932 Direct
2006-08-01 Common Stock S 300 $53.78 Disposed 62632 Direct
2006-08-01 Common Stock S 400 $53.79 Disposed 62232 Direct
2006-08-01 Common Stock S 100 $53.8 Disposed 62132 Direct
2006-08-01 Common Stock S 300 $53.83 Disposed 61832 Direct
2006-08-01 Common Stock S 100 $53.84 Disposed 61732 Direct
2006-08-01 Common Stock S 400 $53.85 Disposed 61332 Direct
2006-08-01 Common Stock S 100 $53.86 Disposed 61232 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 5000 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Director Stock Option (right to buy) $57.9688 2008-01-01 Common Stock (2346) 2346 Direct
Director Stock Option (right to buy) $57.9688 2007-04-25 Common Stock (1844) 1844 Direct
Director Stock Option (right to buy) $57.9688 2009-01-03 Common Stock (2232) 2232 Direct
Director Stock Option (right to buy) $57.9688 2009-04-23 Common Stock (716) 716 Direct
Director Stock Option (right to buy) $56.25 2010-01-02 Common Stock (3280) 3280 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
Director Stock Option (right to buy) $52 2014-02-24 Common Stock (3800) 3800 Direct
Phantom Stock $ 2008-01-01 Common Stock (1667) 1667 Direct
Phantom Stock $ 2008-06-23 Common Stock (132) 132 Direct
Phantom Stock $ 2009-01-01 Common Stock (2500) 2500 Direct

Footnotes

F1: Options granted under 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: Each share of phantom stock is the economic equivalent of one share of issuer common stock.

F4: The grant of phantom stock provided for potential vesting in three annual tranches, with the first measurement date 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 will be settled in cash.

F5: 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 settle in cash.

F6: The grant of phantom stock provided for potential vesting in three annual tranches, with the first measurement date on January 1, 2007. Vesting is determined by comparing the issuer's shareholder return with the performance of the S&P 500. Any vested portion will be settled in cash.

F7: This sale was effected pursuant to a Rule 10b5-1(c) sales plan adopted by the reporting person on June 12, 2006.