John William Swann III - 01 Mar 2022 Form 4 Insider Report for SPX CORP (SPXC)

Role
Pres., Heating and Location &
Signature
John Nurkin, Attorney in Fact for John William Swann, III
Issuer symbol
SPXC
Transactions as of
01 Mar 2022
Net transactions value
-$23,576
Form type
4
Filing time
03 Mar 2022, 19:55:12 UTC
Previous filing
23 Feb 2022
Next filing
28 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPXC Common Stock Tax liability $23,576 -465 -0.63% $50.70 73,240 01 Mar 2022 Direct F1, F2
transaction SPXC Common Stock Award +10,232 +14% 83,472 01 Mar 2022 Direct F2, F3
holding SPXC Common Stock 3,613 01 Mar 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 +8,641 8,641 01 Mar 2022 Common Stock 8,641 $48.97 Direct F10, F11
holding SPXC Employee stock option to purchase common stock 8,573 01 Mar 2022 Common Stock 7,263 $12.36 Direct F4
holding SPXC Employee stock option to purchase common stock 13,214 01 Mar 2022 Common Stock 13,214 $27.40 Direct F5
holding SPXC Employee stock option to purchase common stock 12,361 01 Mar 2022 Common Stock 12,361 $32.69 Direct F6
holding SPXC Employee stock option to purchase common stock 13,556 01 Mar 2022 Common Stock 13,556 $36.51 Direct F7
holding SPXC Employee stock option to purchase common stock 10,552 01 Mar 2022 Common Stock 10,552 $50.09 Direct F8
holding SPXC Employee stock option to purchase common stock 8,101 01 Mar 2022 Common Stock 8,101 $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 as to 100% of the shares on the third anniversary of the grant date.
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.