SPX Technologies, Inc. — Director's Dealing 2006

Jul 14, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPX CORP (SPW)
CIK: 0000088205
Period of Report: 2006-07-12

Reporting Person: JOHNSON CHARLES E II (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-07-12	Common Stock	S	100	$54.78	Disposed	76032	Direct
2006-07-12	Common Stock	S	100	$54.79	Disposed	75932	Direct
2006-07-12	Common Stock	S	600	$54.8	Disposed	75332	Direct
2006-07-12	Common Stock	S	600	$54.83	Disposed	74732	Direct
2006-07-12	Common Stock	S	100	$54.84	Disposed	74632	Direct
2006-07-12	Common Stock	S	1000	$54.85	Disposed	73632	Direct
2006-07-12	Common Stock	S	400	$54.86	Disposed	73232	Direct
2006-07-12	Common Stock	S	400	$54.89	Disposed	72832	Direct
2006-07-12	Common Stock	S	900	$54.9	Disposed	71932	Direct
2006-07-12	Common Stock	S	200	$54.91	Disposed	71732	Direct
2006-07-12	Common Stock	S	200	$54.92	Disposed	71532	Direct
2006-07-12	Common Stock	S	100	$54.97	Disposed	71432	Direct
2006-07-12	Common Stock	S	100	$55.02	Disposed	71332	Direct
2006-07-12	Common Stock	S	100	$55.03	Disposed	71232	Direct
2006-07-12	Common Stock	S	300	$55.10	Disposed	70932	Direct
2006-07-12	Common Stock	S	100	$55.13	Disposed	70832	Direct
2006-07-12	Common Stock	S	800	$55.14	Disposed	70032	Direct
2006-07-12	Common Stock	S	400	$55.15	Disposed	69632	Direct
2006-07-12	Common Stock	S	100	$55.16	Disposed	69532	Direct
2006-07-12	Common Stock	S	200	$55.17	Disposed	69332	Direct
2006-07-12	Common Stock	S	100	$55.18	Disposed	69232	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.

F8: In June 2006, 33,760 shares previously held by the reporting person's spouse and reported as indirectly owned by the reporting person were placed in an account owned jointly by the reporting person and his spouse. As a result, the form of ownership reported for these shares has changed from indirect to direct.