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SPX Technologies, Inc. Director's Dealing 2019

Feb 26, 2019

30660_dirs_2019-02-26_2024188c-574d-422a-bfc2-902297e69020.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: 2019-02-22

Reporting Person: Swann John William III (Pres.-Weil McClain,MEP & Radio)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-02-22 Common Stock A 5296 $36.51 Acquired 83477 Direct
2019-02-22 Common Stock F 6891 $36.51 Disposed 76586 Direct
2019-02-25 Common Stock S 10435 $36.89 Disposed 66151 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 2668 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Employee stock option to purchase common stock $12.36 2025-10-13 Common Stock (66535) 66535 Direct
Employee stock option to purchase common stock $12.85 2026-03-02 Common Stock (31776) 31776 Direct
Employee stock option to purchase common stock $27.40 2027-03-01 Common Stock (13214) 13214 Direct
Employee stock option to purchase common stock $32.69 2028-02-22 Common Stock (12361) 12361 Direct
Employee stock option to purchase common stock $36.51 2029-02-21 Common Stock (13556) 13556 Direct

Footnotes

F1: Grant of shares under the SPX Corporation 2002 Stock Compensation Plan for achievement of performance for the 2016-2018 performance period.

F2: Shares delivered to the issuer for the payment of withholding taxes due upon the vesting of restricted stock units previously granted under the SPX Corporation 2002 Stock Compensation Plan.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $36.80 to $37.06, 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: Includes unvested restricted stock units.

F5: Vests as to 100% of the shares on the third anniversary of the grant date.

F6: Vests in three equal installments beginning on March 2, 2017.

F7: Vests in three equal installments beginning on March 1, 2018.

F8: Vests in three equal installments beginning on February 22, 2019.

F9: Vests in three equal installments beginning on February 21, 2020.