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	800	$131.58	Disposed	225147	Direct
2008-06-05	Common Stock	S	500	$131.55	Disposed	224647	Direct
2008-06-05	Common Stock	S	200	$131.54	Disposed	224447	Direct
2008-06-05	Common Stock	S	100	$131.51	Disposed	224347	Direct
2008-06-05	Common Stock	S	200	$131.48	Disposed	224147	Direct
2008-06-05	Common Stock	S	700	$131.47	Disposed	223447	Direct
2008-06-05	Common Stock	S	300	$131.43	Disposed	223147	Direct
2008-06-05	Common Stock	S	600	$131.42	Disposed	222547	Direct
2008-06-05	Common Stock	S	600	$131.35	Disposed	221947	Direct
2008-06-05	Common Stock	S	100	$131.33	Disposed	221847	Direct
2008-06-05	Common Stock	S	100	$131.32	Disposed	221747	Direct
2008-06-05	Common Stock	S	100	$131.16	Disposed	221647	Direct
2008-06-05	Common Stock	S	100	$131.00	Disposed	221547	Direct
2008-06-05	Common Stock	S	200	$130.99	Disposed	221347	Direct
2008-06-05	Common Stock	S	100	$130.97	Disposed	221247	Direct
2008-06-05	Common Stock	S	300	$130.89	Disposed	220947	Direct
2008-06-05	Common Stock	S	100	$130.88	Disposed	220847	Direct
2008-06-05	Common Stock	S	200	$130.87	Disposed	220647	Direct
2008-06-05	Common Stock	S	100	$130.84	Disposed	220547	Direct
2008-06-05	Common Stock	S	200	$130.83	Disposed	220347	Direct
2008-06-05	Common Stock	S	200	$130.81	Disposed	220147	Direct
2008-06-05	Common Stock	S	200	$130.79	Disposed	219947	Direct
2008-06-05	Common Stock	S	800	$130.78	Disposed	219147	Direct
2008-06-05	Common Stock	S	1100	$130.77	Disposed	218047	Direct
2008-06-05	Common Stock	S	200	$130.75	Disposed	217847	Direct
2008-06-05	Common Stock	S	1000	$130.71	Disposed	216847	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.