SPX Technologies, Inc. — Director's Dealing 2024

Mar 4, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPX Technologies, Inc. (SPXC)
CIK: 0000088205
Period of Report: 2024-02-29

Reporting Person: Lowe Eugene Joseph III (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-02-29	Common Stock	M	100000	$12.36	Acquired	587660	Direct
2024-02-29	Common Stock	M	28000	$21.16	Acquired	615660	Direct
2024-02-29	Common Stock	S	26417	$115.32	Disposed	589243	Direct
2024-02-29	Common Stock	S	81557	$116.23	Disposed	507686	Direct
2024-02-29	Common Stock	S	20026	$116.90	Disposed	487660	Direct
2024-03-01	Common Stock	M	119548	$12.36	Acquired	607208	Direct
2024-03-01	Common Stock	M	17776	$21.16	Acquired	624984	Direct
2024-03-01	Common Stock	S	20498	$115.21	Disposed	604486	Direct
2024-03-01	Common Stock	S	6294	$116.30	Disposed	598192	Direct
2024-03-01	Common Stock	S	256	$117.01	Disposed	597936	Direct
2024-03-01	Common Stock	F	9016	$117.19	Disposed	588920	Direct
2024-03-04	Common Stock	M	113125	$12.36	Acquired	702045	Direct
2024-03-04	Common Stock	S	5447	$114.57	Disposed	696598	Direct
2024-03-04	Common Stock	S	25216	$115.41	Disposed	671382	Direct
2024-03-04	Common Stock	S	4337	$115.88	Disposed	667045	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-02-29	Employee stock option to purchase common stock	$12.36	M	100000	Disposed	2025-10-13	Common Stock (100000)	Direct
2024-02-29	Employee stock option to purchase common stock	$21.16	M	28000	Disposed	2025-01-02	Common Stock (28000)	Direct
2024-03-01	Employee stock option to purchase common stock	$12.36	M	119548	Disposed	2025-10-13	Common Stock (119548)	Direct
2024-03-01	Employee stock option to purchase common stock	$21.16	M	17776	Disposed	2025-01-02	Common Stock (17776)	Direct
2024-03-04	Employee stock option to purchase common stock	$12.36	M	113125	Disposed	2025-10-13	Common Stock (113125)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee stock option to purchase common stock	$12.85	2026-03-02	Common Stock (186919)	186919	Direct
Employee stock option to purchase common stock	$27.40	2027-03-01	Common Stock (82405)	82405	Direct
Employee stock option to purchase common stock	$32.69	2028-02-22	Common Stock (72298)	72298	Direct
Employee stock option to purchase common stock	$36.51	2029-02-21	Common Stock (77463)	77463	Direct
Employee stock option to purchase common stock	$50.09	2030-02-20	Common Stock (53465)	53465	Direct
Employee stock option to purchase common stock	$58.34	2031-03-01	Common Stock (46291)	46291	Direct
Employee stock option to purchase common stock	$48.97	2032-03-01	Common Stock (49378)	49378	Direct
Employee stock option to purchase common stock	$71.93	2033-03-01	Common Stock (33707)	33707	Direct
Employee stock option to purchase common stock	$116.40	2034-02-28	Common Stock (24238)	24238	Direct

Footnotes

F1: Includes unvested restricted stock units.

F2: Reflects shares sold solely to cover exercise price and income tax obligations in connection with exercise of options.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $114.70 to $115.65, 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 $115.71 to $116.71, 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 $116.76 to $117.47, 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: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $114.84 to $115.83, 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.

F7: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $115.87 to $116.86, 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.

F8: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.92 to $117.07, 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.

F9: Shares delivered to the issuer for the payment of withholding taxes due upon the vesting of restricted stock units previously granted under the SPX Corporation 2019 Stock Compensation Plan.

F10: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $113.80 to $114.79, 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.

F11: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $114.81 to $115.81, 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.

F12: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $115.82 to $116.09, 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.

F13: Vests in three equal installments beginning on January 2, 2016.

F14: Vests in three equal installments beginning on March 2, 2017.

F15: (Vests in three equal installments beginning on March 2, 2017.

F16: Vests in three equal installments beginning on March 1, 2018.

F17: Vests in three equal installments beginning on February 22, 2019.

F18: Vests in three equal installments beginning on February 21, 2020.

F19: Vests in three equal installments beginning on February 20, 2021.

F20: Vests in three equal installments beginning on March 1, 2022.

F21: Vests in three equal installments beginning on March 1, 2023..

F22: Vests in three equal installments beginning on March 1, 2024.

F23: Vests in three equal installments beginning on February 28, 2025.