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SPX Technologies, Inc. Director's Dealing 2023

May 9, 2023

30660_dirs_2023-05-09_e464641f-15d5-4390-9f3f-a5ef720ad66d.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPX Technologies, Inc. (SPXC)
CIK: 0000088205
Period of Report: 2023-05-05

Reporting Person: Data J Randall (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-05-05 Common Stock M 16138 $36.51 Acquired 95762 Direct
2023-05-05 Common Stock S 10461 $73.50 Disposed 85301 Direct
2023-05-05 Common Stock S 6277 $74.32 Disposed 79024 Direct
2023-05-05 Common Stock S 900 $75.11 Disposed 78124 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-05-05 Employee stock option to purchase common stock $36.51 M 16138 Disposed 2029-02-21 Common Stock (16138) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 3620 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Employee stock option to purchase common stock $71.93 2033-03-01 Common Stock (6305) 6305 Direct
Employee stock option to purchase common stock $50.09 2030-02-20 Common Stock (11959) 11959 Direct
Employee stock option to purchase common stock $58.34 2031-03-01 Common Stock (8911) 8911 Direct
Employee stock option to purchase common stock $48.97 2032-03-01 Common Stock (9814) 9814 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 15, 2022.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.00 to $74.00, inclusive. The reporting person undertakes to provide to SPX Technologies, Inc., any security holder of SPX Technologies, Inc., 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 ranging from $74.01 to $75.01, inclusive. The reporting person undertakes to provide to SP X Technologies, Inc., any security holder of SPX Technologies, Inc., 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 ranging from $75.06 to $75.20, inclusive. The reporting person undertakes to provide to SPX Technologies, Inc., any security holder of SPX Technologies, Inc., 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: Vests in three equal installments beginning on February 21, 2020.

F7: Vests in three equal installments beginning on March 1, 2024.

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.