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	300	$133.76	Disposed	218047	Direct
2008-06-19	Common Stock	S	800	$133.75	Disposed	217247	Direct
2008-06-19	Common Stock	S	500	$133.74	Disposed	216747	Direct
2008-06-19	Common Stock	S	300	$133.73	Disposed	216447	Direct
2008-06-19	Common Stock	S	200	$133.72	Disposed	216247	Direct
2008-06-19	Common Stock	S	400	$133.71	Disposed	215847	Direct
2008-06-19	Common Stock	S	700	$133.70	Disposed	215147	Direct
2008-06-19	Common Stock	S	1100	$133.69	Disposed	214047	Direct
2008-06-19	Common Stock	S	1200	$133.67	Disposed	212847	Direct
2008-06-19	Common Stock	S	600	$133.66	Disposed	212247	Direct
2008-06-19	Common Stock	S	1500	$133.65	Disposed	210747	Direct
2008-06-19	Common Stock	S	300	$133.63	Disposed	210447	Direct
2008-06-19	Common Stock	S	200	$133.62	Disposed	210247	Direct
2008-06-19	Common Stock	S	1300	$133.61	Disposed	208947	Direct
2008-06-19	Common Stock	S	200	$133.59	Disposed	208747	Direct
2008-06-19	Common Stock	S	100	$133.58	Disposed	208647	Direct
2008-06-19	Common Stock	S	400	$133.57	Disposed	208247	Direct
2008-06-19	Common Stock	S	200	$133.56	Disposed	208047	Direct
2008-06-19	Common Stock	S	700	$133.55	Disposed	207347	Direct
2008-06-19	Common Stock	S	100	$133.54	Disposed	207247	Direct
2008-06-19	Common Stock	S	100	$133.53	Disposed	207147	Direct
2008-06-19	Common Stock	S	100	$133.52	Disposed	207047	Direct
2008-06-19	Common Stock	S	600	$133.51	Disposed	206447	Direct
2008-06-19	Common Stock	S	600	$133.48	Disposed	205847	Direct
2008-06-19	Common Stock	S	100	$133.47	Disposed	205747	Direct
2008-06-19	Common Stock	S	500	$133.46	Disposed	205247	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.