SPX Technologies, Inc. — Director's Dealing 2011

Feb 24, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPX CORP (SPW)
CIK: 0000088205
Period of Report: 2011-02-22

Reporting Person: OLEARY PATRICK J (EVP & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-22	Common Stock	M	65611	$69.43	Acquired	253851	Direct
2011-02-22	Common Stock	S	28911	$80.5493	Disposed	224940	Direct
2011-02-22	Common Stock	S	21100	$81.5750	Disposed	203840	Direct
2011-02-22	Common Stock	S	15500	$82.4516	Disposed	188340	Direct
2011-02-22	Common Stock	S	100	$83.00	Disposed	188240	Direct
2011-02-23	Common Stock	M	1200	$69.43	Acquired	189440	Direct
2011-02-23	Common Stock	S	1000	$80.3085	Disposed	188440	Direct
2011-02-23	Common Stock	S	200	$81.155	Disposed	188240	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-22	Employee stock option to purchase common stock	$69.43	M	65611	Disposed	2012-01-01	Common Stock (65611)	Direct
2011-02-23	Employee stock option to purchase common stock	$69.43	M	1200	Disposed	2012-01-01	Common Stock (1200)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4782	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
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, 2003 and 2005, and 23,332 shares on January 2, 2004.

F3: 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.

F4: Effected purusant to a Rule 10b5-1(c) sales plan relating to options expiring January 1, 2012.

F5: The price in column 4 is a weighted average. The prices actually received ranged from $80.00 to $80.98. 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.

F6: The price in column 4 is a weighted average. The prices actually received ranged from $81.00 to $81.97. 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 $82.00 to $82.98. 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.

F8: The price in column 4 is a weighted average. The prices actually received ranged from $80.00 to $80.85. 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.

F9: The price in column 4 is a weighted average. The prices actually received ranged from $81.11 to $81.20. 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.