SPX Technologies, Inc. — Director's Dealing 2008

May 7, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPX CORP (SPW)
CIK: 0000088205
Period of Report: 2008-05-05

Reporting Person: OLEARY PATRICK J (EVP, CFO & Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-05-05	Common Stock	S	300	$121.44	Disposed	241401	Direct
2008-05-05	Common Stock	S	500	$121.43	Disposed	240901	Direct
2008-05-05	Common Stock	S	1000	$121.42	Disposed	239901	Direct
2008-05-05	Common Stock	S	2600	$121.41	Disposed	237301	Direct
2008-05-05	Common Stock	S	600	$121.40	Disposed	236701	Direct
2008-05-05	Common Stock	S	1700	$121.39	Disposed	235001	Direct
2008-05-05	Common Stock	S	600	$121.38	Disposed	234401	Direct
2008-05-05	Common Stock	S	1900	$121.37	Disposed	232501	Direct
2008-05-05	Common Stock	S	1200	$121.36	Disposed	231301	Direct
2008-05-05	Common Stock	S	500	$121.35	Disposed	230801	Direct
2008-05-05	Common Stock	S	800	$121.34	Disposed	230001	Direct
2008-05-05	Common Stock	S	600	$121.33	Disposed	229401	Direct
2008-05-05	Common Stock	S	800	$121.32	Disposed	228601	Direct
2008-05-05	Common Stock	S	1100	$121.31	Disposed	227501	Direct
2008-05-05	Common Stock	S	2500	$121.3	Disposed	225001	Direct
2008-05-05	Common Stock	S	2100	$121.29	Disposed	222901	Direct
2008-05-05	Common Stock	S	2600	$121.28	Disposed	220301	Direct
2008-05-05	Common Stock	S	2500	$121.27	Disposed	217801	Direct
2008-05-05	Common Stock	S	900	$121.26	Disposed	216901	Direct
2008-05-05	Common Stock	S	3300	$121.25	Disposed	213601	Direct
2008-05-05	Common Stock	S	1500	$121.24	Disposed	212101	Direct
2008-05-05	Common Stock	S	1700	$121.23	Disposed	210401	Direct
2008-05-05	Common Stock	S	700	$121.22	Disposed	209701	Direct
2008-05-05	Common Stock	S	100	$121.21	Disposed	209601	Direct
2008-05-05	Common Stock	S	1300	$121.2	Disposed	208301	Direct
2008-05-05	Common Stock	S	400	$121.19	Disposed	207901	Direct
2008-05-05	Common Stock	S	2100	$121.18	Disposed	205801	Direct
2008-05-05	Common Stock	S	800	$121.17	Disposed	205001	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 (833334)	833334	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.