SPX Technologies, Inc. — Director's Dealing 2023

Apr 5, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPX Technologies, Inc. (SPXC)
CIK: 0000088205
Period of Report: 2023-04-03

Reporting Person: Nurkin John Webster (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-04-03	Common Stock	M	7757	$12.85	Acquired	95953	Direct
2023-04-03	Common Stock	M	3374	$27.40	Acquired	99327	Direct
2023-04-03	Common Stock	S	1830	$70.94	Disposed	97497	Direct
2023-04-03	Common Stock	S	8901	$71.52	Disposed	88596	Direct
2023-04-03	Common Stock	S	400	$72.50	Disposed	88196	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-04-03	Employee stock option to purchase common stock	$27.40	M	3374	Disposed	2027-03-01	Common Stock (3374)	Direct
2023-04-03	Employee stock option to purchase common stock	$12.85	M	7757	Disposed	2026-03-02	Common Stock (7757)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	22215	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
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
Employee stock option to purchase common stock	$58.34	2031-03-01	Common Stock (6365)	6365	Direct
Employee stock option to purchase common stock	$48.97	2032-03-01	Common Stock (6789)	6789	Direct
Employee stock option to purchase common stock	$71.93	2032-03-01	Common Stock (5671)	5671	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 19, 2022.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.25 to $71.235, 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 $71.26 to $72.115, 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.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.465 to $72.555, 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 March 1, 2018.

F7: Vests in three equal installments beginning on March 2, 2017.

F8: Vests in three equal installments beginning on February 22, 2019.

F9: Vests in three equal installments beginning on February 21, 2020.

F10: Vests in three equal installments beginning on February 20, 2021.

F11: Vests in three equal installments beginning on March 1, 2022.

F12: Vests in three equal installments beginning on March 1, 2023.

F13: Vests in three equal installments beginning on March 1, 2024.