SPX Technologies, Inc. — Director's Dealing 2010

Oct 13, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPX CORP (SPW)
CIK: 0000088205
Period of Report: 2010-10-07

Reporting Person: KEARNEY CHRISTOPHER J (Director, Chairman, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-10-07	Common Stock	M	5439	$48.44	Acquired	444246	Direct
2010-10-07	Common Stock	S	5439	$65.0787	Disposed	438807	Direct
2010-10-08	Common Stock	M	6884	$48.44	Acquired	445691	Direct
2010-10-08	Common Stock	S	6884	$65.1007	Disposed	438807	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-10-07	Employee stock option to purchase common stock	$48.44	M	5439	Disposed	2011-01-01	Common Stock (5439)	Direct
2010-10-08	Employee stock option to purchase common stock	$48.44	M	6884	Disposed	2011-01-01	Common Stock (6884)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3848	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee stock option to purchase common stock	$69.43	2012-01-01	Common Stock (50000)	50000	Direct
Employee stock option to purchase common stock	$38.57	2013-01-02	Common Stock (50000)	50000	Direct

Footnotes

F1: Granted under the SPX Corporation 2002 Stock Compensation Plan or its predecessor plan, the 1992 Stock Compensation Plan.

F2: Option vested as to 16,668 shares on January 2, 2003 and 16,666 shares on each of January 2, 2004 and 2005.

F3: Option vested as to 16,667 shares on each of January 3, 2004 and 2005, and 16,666 shares on January 3, 2006.

F4: Option vested as to 16,668 shares on January 2, 2002 and 16,666 shares on each of January 2, 2003 and 2004.

F5: Effected pursuant to a Rule 10b5-1(c) sales plan relating to options expiring January 1, 2011.

F6: The price in column 4 is a weighted average. The prices actually received ranged from $65.00 to $65.18. For all transactions reported in this Form 4 utilizing a weighted average price, the reporting person undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.

F7: The price in column 4 is a weighted average. The prices actually received ranged from $65.00 to $65.39. For all transactions reported in this Form 4 utilizing a weighted average price, the reporting person undertakes to provide upon request by the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range.