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	400	$121.91	Disposed	255601	Direct
2008-05-05	Common Stock	S	700	$121.9	Disposed	254901	Direct
2008-05-05	Common Stock	S	100	$121.89	Disposed	254801	Direct
2008-05-05	Common Stock	S	300	$121.87	Disposed	254501	Direct
2008-05-05	Common Stock	S	300	$121.83	Disposed	254201	Direct
2008-05-08	Common Stock	S	700	$121.81	Disposed	253501	Direct
2008-05-05	Common Stock	S	1500	$121.8	Disposed	251501	Direct
2008-05-05	Common Stock	S	500	$121.79	Disposed	252001	Direct
2008-05-05	Common Stock	S	100	$121.78	Disposed	251401	Direct
2008-05-05	Common Stock	S	100	$121.77	Disposed	251301	Direct
2008-05-05	Common Stock	S	600	$121.76	Disposed	250701	Direct
2008-05-05	Common Stock	S	800	$121.75	Disposed	249901	Direct
2008-05-05	Common Stock	S	100	$121.7	Disposed	249801	Direct
2008-05-05	Common Stock	S	200	$121.67	Disposed	249601	Direct
2008-05-05	Common Stock	S	300	$121.62	Disposed	249301	Direct
2008-05-05	Common Stock	S	100	$121.59	Disposed	249201	Direct
2008-05-05	Common Stock	S	500	$121.58	Disposed	248701	Direct
2008-05-05	Common Stock	S	600	$121.57	Disposed	249101	Direct
2008-05-05	Common Stock	S	800	$121.54	Disposed	247301	Direct
2008-05-05	Common Stock	S	200	$121.53	Disposed	247101	Direct
2008-05-05	Common Stock	S	800	$121.52	Disposed	246301	Direct
2008-05-05	Common Stock	S	600	$121.51	Disposed	245701	Direct
2008-05-05	Common Stock	S	400	$121.5	Disposed	245301	Direct
2008-05-05	Common Stock	S	300	$121.49	Disposed	245001	Direct
2008-05-05	Common Stock	S	300	$121.47	Disposed	244701	Direct
2008-05-05	Common Stock	S	2600	$121.46	Disposed	242101	Direct
2008-05-05	Common Stock	S	400	$121.45	Disposed	241701	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.