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SPX Technologies, Inc. Director's Dealing 2006

May 9, 2006

30660_dirs_2006-05-09_2138cf8c-c6c6-466b-90e2-96e501e107f2.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: 2006-05-06

Reporting Person: RIORDAN THOMAS J (EVP, COO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2006-05-06 Common Stock F 2220 $56.50 Disposed 167009 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 5957 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Employee stock option to purchase common stock $ 2007-12-09 Common Stock (200000) 200000 Direct
Employee stock option to purchase common stock $86.4688 2008-01-01 Common Stock (16538) 16538 Direct
Employee stock option to purchase common stock $86.4688 2007-01-13 Common Stock (7416) 7416 Direct
Employee stock option to purchase common stock $86.4688 2007-01-13 Common Stock (6372) 6372 Direct
Employee stock option to purchase common stock $48.44 2011-01-01 Common Stock (50000) 50000 Direct
Employee stock option to purchase common stock $58.875 2008-01-01 Common Stock (19058) 19058 Direct
Employee stock option to purchase common stock $58.875 2009-01-03 Common Stock (18786) 18786 Direct
Employee stock option to purchase common stock $69.43 2012-01-01 Common Stock (50000) 50000 Direct
Employee stock option to purchase common stock $60.625 2009-01-03 Common Stock (18450) 18450 Direct
Employee stock option to purchase common stock $60.625 2010-01-02 Common Stock (19952) 19952 Direct
Employee stock option to purchase common stock $38.57 2013-01-02 Common Stock (50000) 50000 Direct
Employee stock option to purchase common stock $58.80 2010-01-02 Common Stock (19116) 19116 Direct

Footnotes

F1: The options are for 100,000 shares at $37.50 per share and 100,000 shares at $45 per share.

F2: Granted under the SPX Corporation 2002 Stock Compensation Plan or its predecessor plan, the 1992 Stock Compensation Plan.

F3: Option vested as to 16,668 shares on January 2, 2002 and 16,666 shares on each of January 2, 2003 and 2004.

F4: Option vested as to 16,668 shares on January 2, 2003 and 16,666 shares on each of January 2, 2004 and 2005.

F5: Option vested as to 16,667 shares on each of January 3, 2004 and 2005, and 16,666 shares on January 3, 2006.

F6: Shares delivered to the issuer for the payment of withholding taxes due upon the vesting of restricted stock previously granted under the SPX Corporation 2002 Stock Compensation Plan.