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SPX Technologies, Inc. — Director's Dealing 2023
Mar 20, 2023
30660_dirs_2023-03-20_498808e0-953d-4e17-a35d-e0ef1382451c.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: 2023-03-16
Reporting Person: Data J Randall (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-03-16 | Common Stock | M | 16326 | $32.69 | Acquired | 120950 | Direct |
| 2023-03-16 | Common Stock | S | 5565 | $65.79 | Disposed | 115385 | Direct |
| 2023-03-16 | Common Stock | S | 3991 | $67.12 | Disposed | 111394 | Direct |
| 2023-03-16 | Common Stock | S | 11910 | $68.23 | Disposed | 99484 | Direct |
| 2023-03-16 | Common Stock | S | 7360 | $68.85 | Disposed | 92124 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-03-16 | Employee stock option to purchase common stock | $32.69 | M | 16326 | Disposed | 2028-02-22 | Common Stock (16326) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3626 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee stock option to purchase common stock | $36.51 | 2029-02-21 | Common Stock (16138) | 16138 | 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 |
| Employee stock option to purchase common stock | $71.93 | 2033-03-01 | Common Stock (6305) | 6305 | 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 $65.44 to $66.42, inclusive. The reporting person undertakes to provide to SP X Technologies, Inc., any security holder of SP X 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 $66.52 to $67.50, inclusive. The reporting person undertakes to provide to SP X Technologies, Inc., any security holder of SP X 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 $67.63 to $68.60, inclusive. The reporting person undertakes to provide to SP X Technologies, Inc., any security holder of SP X 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: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.65 to $69.29, inclusive. The reporting person undertakes to provide to SP X Technologies, Inc., any security holder of SP X 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.
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.
F10: Vests in three equal installments beginning on March 1, 2022.
F11: Vests in three equal installments beginning on March 1, 2023.
F12: Vests in three equal installments beginning on March 1, 2024.