SPX Technologies, Inc. — Director's Dealing 2008

Jun 23, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPX CORP (SPW)
CIK: 0000088205
Period of Report: 2008-06-19

Reporting Person: OLEARY PATRICK J (EVP, CFO & Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-06-19	Common Stock	S	400	$133.45	Disposed	204847	Direct
2008-06-19	Common Stock	S	400	$133.44	Disposed	204447	Direct
2008-06-19	Common Stock	S	300	$133.43	Disposed	204147	Direct
2008-06-19	Common Stock	S	1600	$133.42	Disposed	202547	Direct
2008-06-19	Common Stock	S	100	$133.4	Disposed	202447	Direct
2008-06-19	Common Stock	S	100	$133.36	Disposed	202347	Direct
2008-06-19	Common Stock	S	1100	$133.35	Disposed	201247	Direct
2008-06-19	Common Stock	S	1300	$133.34	Disposed	199947	Direct
2008-06-19	Common Stock	S	300	$133.32	Disposed	199647	Direct
2008-06-19	Common Stock	S	100	$133.31	Disposed	199547	Direct
2008-06-19	Common Stock	S	200	$133.3	Disposed	199347	Direct
2008-06-19	Common Stock	S	100	$133.26	Disposed	199247	Direct
2008-06-19	Common Stock	S	500	$133.22	Disposed	198747	Direct
2008-06-19	Common Stock	S	1300	$133.18	Disposed	197447	Direct
2008-06-19	Common Stock	S	100	$133.17	Disposed	197347	Direct
2008-06-19	Common Stock	S	800	$133.1	Disposed	196547	Direct
2008-06-19	Common Stock	S	200	$133.06	Disposed	196347	Direct
2008-06-19	Common Stock	S	200	$133.04	Disposed	196147	Direct
2008-06-19	Common Stock	S	200	$133.03	Disposed	195947	Direct
2008-06-19	Common Stock	S	200	$132.97	Disposed	195747	Direct
2008-06-19	Common Stock	S	300	$132.96	Disposed	195447	Direct
2008-06-19	Common Stock	S	1200	$132.95	Disposed	194247	Direct
2008-06-19	Common Stock	S	600	$132.93	Disposed	193647	Direct
2008-06-19	Common Stock	S	100	$132.93	Disposed	193547	Direct
2008-06-19	Common Stock	S	600	$132.91	Disposed	192947	Direct
2008-06-19	Common Stock	S	1100	$132.9	Disposed	191847	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3929	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee stock option to purchase common stock	$72.50	2009-06-22	Common Stock (583335)	583335	Direct
Employee stock option to purchase common stock	$38.9063	2010-01-02	Common Stock (70000)	70000	Direct
Employee stock option to purchase common stock	$48.44	2011-01-01	Common Stock (70000)	70000	Direct
Employee stock option to purchase common stock	$69.43	2012-01-01	Common Stock (70000)	70000	Direct
Employee stock option to purchase common stock	$38.57	2013-01-02	Common Stock (70000)	70000	Direct

Footnotes

F1: Grant of options to purchase Common Stock: 250,000 shares at $60 per share, 250,000 shares at $72.50 per share, 250,000 shares at $85 per share, and 250,000 shares at $97.50 per share. Following the reported transactions, options remain outstanding to purchase Common Stock: 0 shares at $60 per share, 83,335 shares at $72.50 per share, 250,000 shares at $85 per share, and 250,000 shares at $97.50 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 35,000 shares on each of January 3, 2002 and 2003.

F4: Option vested as to 23,334 shares on each of January 2, 2002 and 2004, and 23,332 shares on January 2, 2003.

F5: Option vested as to 23,334 shares on each of January 2, 2003 and 2005, and 23,332 shares on January 2, 2004.

F6: Option vested as to 23,334 shares on January 3, 2004 and 23,333 shares on January 3, 2005, and 23,333 shares on January 3, 2006.

F7: This transaction was effected pursuant to a Rule 10b5-1(c) sales plan adopted by the reporting person on November 12, 2007.