John Nurkin - Mar 1, 2022 Form 4 Insider Report for SPX CORP (SPXC)

Role
VP, Gen. Counsel & Secretary
Signature
/s/ John Webster Nurkin
Stock symbol
SPXC
Transactions as of
Mar 1, 2022
Transactions value $
-$16,478
Form type
4
Date filed
3/3/2022, 07:52 PM
Previous filing
Feb 28, 2022
Next filing
Dec 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPXC Common Stock Tax liability -$16.5K -325 -0.46% $50.70 70.9K Mar 1, 2022 Direct F1, F2
transaction SPXC Common Stock Award +8.04K +11.33% 79K Mar 1, 2022 Direct F2, F3
holding SPXC Common Stock 21.9K Mar 1, 2022 401(k) Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SPXC Employee stock option to purchase common stock Award +6.79K 6.79K Mar 1, 2022 Common Stock 6.79K $48.97 Direct F10, F11
holding SPXC Employee stock option to purchase common stock 31K Mar 1, 2022 Common Stock 31K $12.85 Direct F4
holding SPXC Employee stock option to purchase common stock 13.5K Mar 1, 2022 Common Stock 13.5K $27.40 Direct F5
holding SPXC Employee stock option to purchase common stock 11.8K Mar 1, 2022 Common Stock 11.8K $32.69 Direct F6
holding SPXC Employee stock option to purchase common stock 11.2K Mar 1, 2022 Common Stock 11.2K $36.51 Direct F7
holding SPXC Employee stock option to purchase common stock 7.53K Mar 1, 2022 Common Stock 7.53K $50.09 Direct F8
holding SPXC Employee stock option to purchase common stock 6.37K Mar 1, 2022 Common Stock 6.37K $58.34 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Includes unvested restricted stock units.
F3 Grant of restricted stock units under the SPX Corporation 2019 Stock Compensation Plan.
F4 Vests in three equal installments beginning on March 2, 2017.
F5 Vests in three equal installments beginning on March 1, 2018.
F6 Vests in three equal installments beginning on February 22, 2019.
F7 Vests 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 Grant of stock option pursuant to the SPX Corporation 2019 Stock Compensation Plan.
F11 Vests in three equal installments beginning on March 1, 2023.