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SPX Technologies, Inc. — Director's Dealing 2008
May 22, 2008
30660_dirs_2008-05-21_a287e93a-44fc-40ee-b8f7-1c2875498398.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SPX CORP (SPW)
CIK: 0000088205
Period of Report: 2008-05-19
Reporting Person: OLEARY PATRICK J (EVP, CFO & Treasurer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2008-05-19 | Common Stock | S | 300 | $125.66 | Disposed | 187280 | Direct |
| 2008-05-19 | Common Stock | S | 500 | $125.59 | Disposed | 186780 | Direct |
| 2008-05-19 | Common Stock | S | 100 | $125.58 | Disposed | 186680 | Direct |
| 2008-05-19 | Common Stock | S | 1733 | $125.45 | Disposed | 184947 | Direct |
| 2008-05-19 | Common Stock | S | 100 | $125.42 | Disposed | 184847 | Direct |
| 2008-05-19 | Common Stock | S | 900 | $125.38 | Disposed | 183947 | Direct |
| 2008-05-19 | Common Stock | S | 300 | $125.36 | Disposed | 183647 | Direct |
| 2008-05-19 | Common Stock | S | 400 | $125.28 | Disposed | 183247 | Direct |
| 2008-05-19 | Common Stock | S | 800 | $125.26 | Disposed | 182447 | Direct |
| 2008-05-19 | Common Stock | S | 600 | $125.18 | Disposed | 181847 | Direct |
| 2008-05-19 | Common Stock | S | 1900 | $125.15 | Disposed | 179947 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3938 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee stock option to purchase common stock | $60.00 | 2009-06-22 | Common Stock (750001) | 750001 | 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.
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.