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	500	$134.05	Disposed	233247	Direct
2008-06-19	Common Stock	S	500	$134.04	Disposed	232747	Direct
2008-06-19	Common Stock	S	700	$134.03	Disposed	232047	Direct
2008-06-19	Common Stock	S	600	$134.02	Disposed	231447	Direct
2008-06-19	Common Stock	S	200	$134.01	Disposed	231247	Direct
2008-06-19	Common Stock	S	2100	$134.00	Disposed	229147	Direct
2008-06-19	Common Stock	S	100	$133.99	Disposed	229047	Direct
2008-06-19	Common Stock	S	100	$133.98	Disposed	228947	Direct
2008-06-19	Common Stock	S	500	$133.97	Disposed	228447	Direct
2008-06-19	Common Stock	S	1000	$133.96	Disposed	227447	Direct
2008-06-19	Common Stock	S	700	$133.95	Disposed	226747	Direct
2008-06-19	Common Stock	S	400	$133.94	Disposed	226347	Direct
2008-06-19	Common Stock	S	100	$133.93	Disposed	226247	Direct
2008-06-19	Common Stock	S	200	$133.92	Disposed	226047	Direct
2008-06-19	Common Stock	S	600	$133.91	Disposed	225447	Direct
2008-06-19	Common Stock	S	200	$133.90	Disposed	225247	Direct
2008-06-19	Common Stock	S	700	$133.89	Disposed	224574	Direct
2008-06-19	Common Stock	S	1600	$133.88	Disposed	222947	Direct
2008-06-19	Common Stock	S	500	$133.87	Disposed	222447	Direct
2008-06-19	Common Stock	S	100	$133.84	Disposed	222347	Direct
2008-06-19	Common Stock	S	400	$133.83	Disposed	221947	Direct
2008-06-19	Common Stock	S	500	$133.82	Disposed	221447	Direct
2008-06-19	Common Stock	S	400	$133.81	Disposed	221047	Direct
2008-06-19	Common Stock	S	500	$133.80	Disposed	220547	Direct
2008-06-19	Common Stock	S	1000	$133.79	Disposed	219547	Direct
2008-06-19	Common Stock	S	1200	$133.77	Disposed	218347	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.