SPX Technologies, Inc. — Director's Dealing 2010

Oct 8, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPX CORP (SPW)
CIK: 0000088205
Period of Report: 2010-10-05

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-10-05	Common Stock	M	23923	$48.44	Acquired	235347	Direct
2010-10-05	Common Stock	S	23923	$65.0685	Disposed	211424	Direct
2010-10-06	Common Stock	M	13400	$48.44	Acquired	224824	Direct
2010-10-06	Common Stock	S	13400	$65.0498	Disposed	211424	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-10-05	Employee stock option to purchase common stock	$48.44	M	23923	Disposed	2011-01-01	Common Stock (23923)	Direct
2010-10-06	Employee stock option to purchase common stock	$48.44	M	13400	Disposed	2011-01-01	Common Stock (13400)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4730	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
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: Granted under the SPX Corporation 2002 Stock Compensation Plan or its predecessor plan, the 1992 Stock Compensation Plan.

F2: Option vested as to 23,334 shares on each of January 2, 2002 and 2004, and 23,332 shares on January 2, 2003.

F3: Option vested as to 23,334 shares on each of January 2, 2003 and 2005, and 23,332 shares on January 2, 2004.

F4: 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.

F5: Effected purusant 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 $65.25. 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.