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	1400	$121.16	Disposed	203601	Direct
2008-05-05	Common Stock	S	800	$121.15	Disposed	202801	Direct
2008-05-05	Common Stock	S	300	$121.14	Disposed	202501	Direct
2008-05-05	Common Stock	S	1700	$121.13	Disposed	200801	Direct
2008-05-05	Common Stock	S	200	$121.11	Disposed	200601	Direct
2008-05-05	Common Stock	S	100	$121.1	Disposed	200501	Direct
2008-05-05	Common Stock	S	500	$121.09	Disposed	200001	Direct
2008-05-05	Common Stock	S	900	$121.06	Disposed	199101	Direct
2008-05-05	Common Stock	S	200	$121.05	Disposed	198901	Direct
2008-05-05	Common Stock	S	400	$121.04	Disposed	198501	Direct
2008-05-05	Common Stock	S	400	$121.02	Disposed	198101	Direct
2008-05-05	Common Stock	S	1800	$121.01	Disposed	196301	Direct
2008-05-05	Common Stock	S	800	$121.0	Disposed	195501	Direct
2008-05-05	Common Stock	S	200	$120.99	Disposed	195301	Direct
2008-05-05	Common Stock	S	1300	$120.97	Disposed	194001	Direct
2008-05-05	Common Stock	S	700	$120.96	Disposed	193301	Direct
2008-05-05	Common Stock	S	1000	$120.95	Disposed	192301	Direct
2008-05-05	Common Stock	S	100	$120.94	Disposed	192201	Direct
2008-05-05	Common Stock	S	300	$120.93	Disposed	191901	Direct
2008-05-05	Common Stock	S	300	$120.92	Disposed	191601	Direct
2008-05-05	Common Stock	S	900	$120.91	Disposed	190701	Direct
2008-05-05	Common Stock	S	1000	$120.89	Disposed	189701	Direct
2008-05-05	Common Stock	S	400	$120.88	Disposed	189301	Direct
2008-05-05	Common Stock	S	500	$120.87	Disposed	188801	Direct
2008-05-05	Common Stock	S	200	$120.86	Disposed	188601	Direct
2008-05-05	Common Stock	S	100	$120.84	Disposed	188501	Direct
2008-05-05	Common Stock	S	800	$120.79	Disposed	187701	Direct
2008-05-05	Common Stock	S	500	$120.78	Disposed	187201	Direct
2008-05-05	Common Stock	S	1500	$120.75	Disposed	185701	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.