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SPX Technologies, Inc. Director's Dealing 2007

Dec 22, 2007

30660_dirs_2007-12-21_137f9782-5fc6-4587-b890-29f9b073a796.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: 2007-12-19

Reporting Person: KEARNEY CHRISTOPHER J (Director, Chairman, President and CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2007-12-19 Common Stock G 482 Disposed 288486 Direct
2007-12-19 Common Stock G 241 Disposed 288245 Direct
2007-12-19 Common Stock G 241 Acquired 455 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 3108 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Employee stock option to purchase common stock $38.9063 2010-01-02 Common Stock (50000) 50000 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 $69.43 2012-01-01 Common Stock (50000) 50000 Direct
Employee stock option to purchase common stock $38.57 2013-01-02 Common Stock (50000) 50000 Direct

Footnotes

F1: Granted under the SPX Corporation 2002 Stock Compensation Plan or its predecessor plan, the 1992 Stock Compensation Plan.

F2: Option vested as to 25,000 shares on each of January 2, 2002 and 2003.

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: This transaction involved a gift of securities by the reporting person to his son, who shares the reporting person's household.

F7: The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.