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	M	83332	$72.5	Acquired	263279	Direct
2008-06-05	Common Stock	M	1	$60	Acquired	263280	Direct
2008-06-05	Common Stock	S	100	$132.96	Disposed	263180	Direct
2008-06-05	Common Stock	S	200	$132.88	Disposed	262980	Direct
2008-06-05	Common Stock	S	300	$132.86	Disposed	262680	Direct
2008-06-05	Common Stock	S	100	$132.84	Disposed	262580	Direct
2008-06-05	Common Stock	S	100	$132.82	Disposed	262480	Direct
2008-06-05	Common Stock	S	100	$132.81	Disposed	262380	Direct
2008-06-05	Common Stock	S	200	$132.80	Disposed	262180	Direct
2008-06-05	Common Stock	S	200	$132.79	Disposed	261980	Direct
2008-06-05	Common Stock	S	100	$132.78	Disposed	261880	Direct
2008-06-05	Common Stock	S	200	$132.76	Disposed	261680	Direct
2008-06-05	Common Stock	S	300	$132.71	Disposed	261380	Direct
2008-06-05	Common Stock	S	400	$132.67	Disposed	260980	Direct
2008-06-05	Common Stock	S	200	$132.56	Disposed	260780	Direct
2008-06-05	Common Stock	S	600	$132.52	Disposed	260180	Direct
2008-06-05	Common Stock	S	300	$132.51	Disposed	259880	Direct
2008-06-05	Common Stock	S	100	$132.48	Disposed	259780	Direct
2008-06-05	Common Stock	S	100	$132.45	Disposed	259680	Direct
2008-06-05	Common Stock	S	200	$132.43	Disposed	259480	Direct
2008-06-05	Common Stock	S	700	$132.41	Disposed	258780	Direct
2008-06-05	Common Stock	S	100	$132.39	Disposed	258680	Direct
2008-06-05	Common Stock	S	200	$132.38	Disposed	258480	Direct
2008-06-05	Common Stock	S	700	$132.37	Disposed	257780	Direct
2008-06-05	Common Stock	S	100	$132.36	Disposed	257680	Direct
2008-06-05	Common Stock	S	100	$132.34	Disposed	257580	Direct
2008-06-05	Common Stock	S	400	$132.31	Disposed	257180	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-06-05	Employee stock option to purchase common stock	$72.50	M	83332	Disposed	2009-06-22	Common Stock (83332)	Direct
2008-06-05	Employee stock option to purchase common stock	$60	M	1	Disposed	2009-06-22	Common Stock (1)	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	$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.