SPX Technologies, Inc. — Director's Dealing 2020

Feb 24, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPX CORP (SPXC)
CIK: 0000088205
Period of Report: 2020-02-20

Reporting Person: White NaTausha Heleena (VP and CHRO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-20	Common Stock	A	6467	—	Acquired	54148	Direct
2020-02-20	Common Stock	S	6559	$50.19	Disposed	47589	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-20	Employee stock option to purchase common stock	$50.09	A	6191	Acquired	2030-02-20	Common Stock (6191)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4402	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee stock option to purchase common stock	$12.36	2025-10-13	Common Stock (43248)	43248	Direct
Employee stock option to purchase common stock	$12.85	2026-03-02	Common Stock (24299)	24299	Direct
Employee stock option to purchase common stock	$27.40	2027-03-01	Common Stock (10230)	10230	Direct
Employee stock option to purchase common stock	$32.69	2028-02-22	Common Stock (9096)	9096	Direct
Employee stock option to purchase common stock	$36.51	2029-02-21	Common Stock (9037)	9037	Direct

Footnotes

F1: Grant of restricted stock units under the SPX Corporation 2019 Stock Compensation Plan.

F2: Includes unvested restricted stock units.

F3: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2019.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.76 to $50.74, 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: 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.

F10: Grant of stock option pursuant to the SPX Corporation 2019 Stock Compensation Plan.

F11: Vests in three equal installments beginning on February 20, 2021.