SPX Technologies, Inc. — Director's Dealing 2022

Jun 28, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPX CORP (SPXC)
CIK: 0000088205
Period of Report: 2022-06-24

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-06-24	Common Stock	M	3062	$12.36	Acquired	86534	Direct
2022-06-24	Common Stock	M	9360	$27.40	Acquired	95894	Direct
2022-06-24	Common Stock	S	12422	$55.10	Disposed	83472	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-06-24	Employee stock option to purchase common stock	$12.36	M	3062	Disposed	2025-10-13	Common Stock (3062)	Direct
2022-06-24	Employee stock option to purchase common stock	$27.40	M	9360	Disposed	2027-03-01	Common Stock (9360)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3848	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
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
Employee stock option to purchase common stock	$58.34	2031-03-01	Common Stock (8101)	8101	Direct
Employee stock option to purchase common stock	$48.97	2032-03-01	Common Stock (8641)	8641	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 August 27, 2021.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices from $55.00 to $55.21, inclusive. The reporting person undertakes to provide to 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: Vested as to 100% of the shares on the third anniversary of the grant date.

F5: Vested in three equal installments beginning on March 1, 2018.

F6: Vested in three equal installments beginning on February 22, 2019.

F7: Vested in three equal installments beginning on February 21, 2020.

F8: Vests in three equal installments beginning on February 20, 2021.

F9: Vests in three equal installments beginning on March 1, 2022.

F10: Vests in three equal installments beginning on March 1, 2023.