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SPX Technologies, Inc. — Director's Dealing 2019
Dec 20, 2019
30660_dirs_2019-12-20_71910dfb-d120-4f2b-9f15-5c0a6c0f7d73.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SPX CORP (SPXC)
CIK: 0000088205
Period of Report: 2019-12-20
Reporting Person: Mason Brian G. (Pres. - SPX Transformer Sol.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-12-20 | Common Stock | M | 25000 | $12.36 | Acquired | 77026 | Direct |
| 2019-12-20 | Common Stock | S | 25000 | $50.94 | Disposed | 52026 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-12-20 | Employee stock option to purchase common stock | $12.36 | M | 25000 | Disposed | 2025-10-13 | Common Stock (25000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1357 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee stock option to purchase common stock | $12.85 | 2026-03-02 | Common Stock (22430) | 22430 | Direct |
| Employee stock option to purchase common stock | $27.40 | 2027-03-01 | Common Stock (11367) | 11367 | Direct |
| Employee stock option to purchase common stock | $32.69 | 2028-02-22 | Common Stock (10029) | 10029 | Direct |
| Employee stock option to purchase common stock | $36.51 | 2029-02-21 | Common Stock (9683) | 9683 | Direct |
Footnotes
F1: Includes unvested restricted stock units.
F2: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 20, 2019.
F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.42 to $51.21, inclusive. The reporting person undertakes to provide to SPX Corporation, any security holder of SPX Corporation, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F4: Vests as to 100% of the shares on the third anniversary of the grant date.
F5: Vests in three equal installments beginning on March 2, 2017.
F6: Vests in three equal installments beginning on March 1, 2018.
F7: Vests in three equal installments beginning on February 22, 2019.
F8: Vests in three equal installments beginning on February 21, 2020.