SPX Technologies, Inc. — Director's Dealing 2008

May 22, 2008

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	600	$126.66	Disposed	221080	Direct
2008-05-19	Common Stock	S	1300	$126.64	Disposed	219780	Direct
2008-05-19	Common Stock	S	400	$126.63	Disposed	219380	Direct
2008-05-19	Common Stock	S	300	$126.62	Disposed	219080	Direct
2008-05-19	Common Stock	S	200	$126.6	Disposed	218880	Direct
2008-05-19	Common Stock	S	1200	$126.58	Disposed	217680	Direct
2008-05-19	Common Stock	S	300	$126.55	Disposed	217380	Direct
2008-05-19	Common Stock	S	200	$126.54	Disposed	217180	Direct
2008-05-19	Common Stock	S	600	$126.53	Disposed	216580	Direct
2008-05-19	Common Stock	S	200	$126.52	Disposed	216380	Direct
2008-05-19	Common Stock	S	100	$126.5	Disposed	216280	Direct
2008-05-19	Common Stock	S	1100	$126.49	Disposed	215180	Direct
2008-05-19	Common Stock	S	1400	$126.46	Disposed	213780	Direct
2008-05-19	Common Stock	S	500	$126.45	Disposed	213280	Direct
2008-05-19	Common Stock	S	900	$124.42	Disposed	212380	Direct
2008-05-19	Common Stock	S	900	$126.4	Disposed	211480	Direct
2008-05-19	Common Stock	S	700	$126.37	Disposed	210780	Direct
2008-05-19	Common Stock	S	400	$126.34	Disposed	210380	Direct
2008-05-19	Common Stock	S	100	$126.33	Disposed	210280	Direct
2008-05-19	Common Stock	S	800	$126.31	Disposed	209480	Direct
2008-05-19	Common Stock	S	400	$126.3	Disposed	209080	Direct
2008-05-19	Common Stock	S	1000	$126.29	Disposed	208080	Direct
2008-05-19	Common Stock	S	200	$126.28	Disposed	207880	Direct
2008-05-19	Common Stock	S	200	$126.27	Disposed	207680	Direct
2008-05-19	Common Stock	S	600	$126.23	Disposed	207080	Direct
2008-05-19	Common Stock	S	1200	$126.2	Disposed	205880	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.