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	900	$134.52	Disposed	243580	Direct
2008-06-19	Common Stock	S	800	$134.51	Disposed	242780	Direct
2008-06-19	Common Stock	S	200	$134.50	Disposed	242580	Direct
2008-06-19	Common Stock	S	700	$134.48	Disposed	241880	Direct
2008-06-19	Common Stock	S	300	$134.46	Disposed	241580	Direct
2008-06-19	Common Stock	S	900	$134.42	Disposed	240680	Direct
2008-06-19	Common Stock	S	633	$134.41	Disposed	240047	Direct
2008-06-19	Common Stock	S	100	$134.37	Disposed	239947	Direct
2008-06-19	Common Stock	S	200	$134.36	Disposed	239747	Direct
2008-06-19	Common Stock	S	200	$134.34	Disposed	239547	Direct
2008-06-19	Common Stock	S	500	$134.32	Disposed	239047	Direct
2008-06-19	Common Stock	S	100	$134.28	Disposed	238947	Direct
2008-06-19	Common Stock	S	100	$134.27	Disposed	238847	Direct
2008-06-19	Common Stock	S	600	$134.25	Disposed	238247	Direct
2008-06-19	Common Stock	S	100	$134.24	Disposed	238147	Direct
2008-06-19	Common Stock	S	500	$134.23	Disposed	237647	Direct
2008-06-19	Common Stock	S	200	$134.22	Disposed	237447	Direct
2008-06-19	Common Stock	S	800	$134.21	Disposed	236647	Direct
2008-06-19	Common Stock	S	100	$134.19	Disposed	236547	Direct
2008-06-19	Common Stock	S	200	$134.16	Disposed	236347	Direct
2008-06-19	Common Stock	S	600	$134.15	Disposed	235747	Direct
2008-06-19	Common Stock	S	400	$134.13	Disposed	235347	Direct
2008-06-19	Common Stock	S	200	$134.10	Disposed	235147	Direct
2008-06-19	Common Stock	S	300	$134.09	Disposed	234847	Direct
2008-06-19	Common Stock	S	1000	$134.08	Disposed	233847	Direct
2008-06-19	Common Stock	S	100	$134.07	Disposed	233747	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.