SPX Technologies, Inc. — Director's Dealing 2008

Jun 9, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPX CORP (SPW)
CIK: 0000088205
Period of Report: 2008-06-05

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-06-05	Common Stock	S	300	$130.08	Disposed	203947	Direct
2008-06-05	Common Stock	S	1300	$130.07	Disposed	202647	Direct
2008-06-05	Common Stock	S	800	$130.06	Disposed	201847	Direct
2008-06-05	Common Stock	S	300	$130.05	Disposed	201547	Direct
2008-06-05	Common Stock	S	1000	$130.04	Disposed	200547	Direct
2008-06-05	Common Stock	S	200	$130	Disposed	200347	Direct
2008-06-05	Common Stock	S	800	$129.97	Disposed	199547	Direct
2008-06-05	Common Stock	S	800	$129.96	Disposed	198747	Direct
2008-06-05	Common Stock	S	200	$129.95	Disposed	198547	Direct
2008-06-05	Common Stock	S	200	$129.91	Disposed	198347	Direct
2008-06-05	Common Stock	S	200	$129.9	Disposed	198147	Direct
2008-06-05	Common Stock	S	100	$129.8	Disposed	198047	Direct
2008-06-05	Common Stock	S	400	$129.77	Disposed	197647	Direct
2008-06-05	Common Stock	S	300	$129.68	Disposed	197347	Direct
2008-06-05	Common Stock	S	300	$129.66	Disposed	197047	Direct
2008-06-05	Common Stock	S	200	$129.65	Disposed	196847	Direct
2008-06-05	Common Stock	S	100	$129.61	Disposed	196747	Direct
2008-06-05	Common Stock	S	100	$129.58	Disposed	196647	Direct
2008-06-05	Common Stock	S	400	$129.57	Disposed	196247	Direct
2008-06-05	Common Stock	S	500	$129.5	Disposed	195747	Direct
2008-06-05	Common Stock	S	300	$129.49	Disposed	195447	Direct
2008-06-05	Common Stock	S	200	$129.48	Disposed	195247	Direct
2008-06-05	Common Stock	S	100	$129.44	Disposed	195147	Direct
2008-06-05	Common Stock	S	200	$129.42	Disposed	194947	Direct
2008-06-05	Common Stock	S	700	$129.4	Disposed	194247	Direct
2008-06-05	Common Stock	S	1300	$129.39	Disposed	192947	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 (666668)	666668	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, 166,668 shares at $72.50 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.