SPX Technologies, Inc. — Director's Dealing 2020

Mar 5, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPX CORP (SPXC)
CIK: 0000088205
Period of Report: 2020-03-03

Reporting Person: Nurkin John Webster (VP, Gen. Counsel & Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-03	Common Stock	M	18408	$12.36	Acquired	86781	Direct
2020-03-03	Common Stock	S	18408	$44.29	Disposed	68373	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-03	Employee stock option to purchase common stock	$12.36	M	18408	Disposed	2025-10-13	Common Stock (18408)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	21636	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee stock option to purchase common stock	$12.85	2026-03-02	Common Stock (31028)	31028	Direct
Employee stock option to purchase common stock	$27.40	2027-03-01	Common Stock (13498)	13498	Direct
Employee stock option to purchase common stock	$32.69	2028-02-22	Common Stock (11778)	11778	Direct
Employee stock option to purchase common stock	$36.51	2029-02-21	Common Stock (11189)	11189	Direct
Employee stock option to purchase common stock	$50.09	2030-02-20	Common Stock (7527)	7527	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 5, 2019.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.38 to $45.93, 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.

F9: Vests in three equal installments beginning on February 20, 2021.