SPX Technologies, Inc. — Director's Dealing 2020

Nov 12, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPX CORP (SPXC)
CIK: 0000088205
Period of Report: 2020-11-09

Reporting Person: Swann John William III (Pres., Heating and Location &)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-09	Common Stock	M	5636	$12.36	Acquired	77959	Direct
2020-11-09	Common Stock	S	5636	$47.07	Disposed	72323	Direct
2020-11-09	Common Stock	M	2944	$12.85	Acquired	75267	Direct
2020-11-09	Common Stock	S	2944	$47.00	Disposed	72323	Direct
2020-11-10	Common Stock	M	1913	$12.36	Acquired	74236	Direct
2020-11-10	Common Stock	S	1913	$47.29	Disposed	72323	Direct
2020-11-10	Common Stock	M	9169	$12.85	Acquired	81492	Direct
2020-11-10	Common Stock	S	9169	$47.38	Disposed	72323	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-09	Employee stock option to purchase common stock	$12.36	M	5636	Disposed	2025-10-13	Common Stock (5636)	Direct
2020-11-10	Employee stock option to purchase common stock	$12.36	M	1913	Disposed	2025-10-13	Common Stock (1913)	Direct
2020-11-09	Employee stock option to purchase common stock	$12.85	M	2944	Disposed	2026-03-02	Common Stock (2944)	Direct
2020-11-10	Employee stock option to purchase common stock	$12.85	M	9169	Disposed	2026-03-02	Common Stock (9169)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3309	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
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
Employee stock option to purchase common stock	$50.09	2030-02-20	Common Stock (10552)	10552	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 December 13, 2019.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices from $47.00 to $50.00, 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: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices from $47.00 to $47.20, 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.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices from $47.16 to $47.49, 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.

F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices from $47.15 to $47.55, 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.

F7: Vests as to 100% of the shares on the third anniversary of the grant date.

F8: Vests in three equal installments beginning on March 2, 2017.

F9: Vests in three equal installments beginning on March 1, 2018.

F10: Vests in three equal installments beginning on February 22, 2019.

F11: Vests in three equal installments beginning on February 21, 2020.

F12: Vests in three equal installments beginning on February 20, 2021.