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	$132.30	Disposed	256880	Direct
2008-06-05	Common Stock	S	200	$132.29	Disposed	256680	Direct
2008-06-05	Common Stock	S	100	$132.26	Disposed	256580	Direct
2008-06-05	Common Stock	S	500	$132.24	Disposed	256080	Direct
2008-06-05	Common Stock	S	100	$132.23	Disposed	255980	Direct
2008-06-05	Common Stock	S	1100	$132.22	Disposed	254880	Direct
2008-06-05	Common Stock	S	200	$132.18	Disposed	254680	Direct
2008-06-05	Common Stock	S	900	$132.16	Disposed	253780	Direct
2008-06-05	Common Stock	S	200	$132.14	Disposed	253580	Direct
2008-06-05	Common Stock	S	600	$132.13	Disposed	252980	Direct
2008-06-05	Common Stock	S	300	$132.12	Disposed	252680	Direct
2008-06-05	Common Stock	S	400	$132.10	Disposed	252280	Direct
2008-06-05	Common Stock	S	900	$132.09	Disposed	251380	Direct
2008-06-05	Common Stock	S	200	$132.08	Disposed	251180	Direct
2008-06-05	Common Stock	S	600	$132.07	Disposed	250580	Direct
2008-06-05	Common Stock	S	500	$132.05	Disposed	250080	Direct
2008-06-05	Common Stock	S	500	$132.04	Disposed	249580	Direct
2008-06-05	Common Stock	S	700	$132.03	Disposed	248880	Direct
2008-06-05	Common Stock	S	2000	$132.02	Disposed	246880	Direct
2008-06-05	Common Stock	S	1300	$132.01	Disposed	245580	Direct
2008-06-05	Common Stock	S	200	$132.00	Disposed	245380	Direct
2008-06-05	Common Stock	S	800	$131.99	Disposed	244580	Direct
2008-06-05	Common Stock	S	800	$131.98	Disposed	243780	Direct
2008-06-05	Common Stock	S	400	$131.97	Disposed	243380	Direct
2008-06-05	Common Stock	S	200	$131.96	Disposed	243180	Direct
2008-06-05	Common Stock	S	1000	$131.95	Disposed	242180	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.