James E. Harris - Mar 1, 2022 Form 4 Insider Report for SPX CORP (SPXC)

Signature
John Nurkin, Attorney in Fact for James E. Harris
Stock symbol
SPXC
Transactions as of
Mar 1, 2022
Transactions value $
-$21,852
Form type
4
Date filed
3/3/2022, 07:57 PM
Previous filing
Aug 19, 2021
Next filing
Aug 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPXC Common Stock Tax liability -$21.9K -431 -2.6% $50.70 16.1K Mar 1, 2022 Direct F1, F2
transaction SPXC Common Stock Award +13.4K +82.97% 29.5K Mar 1, 2022 Direct F3
holding SPXC Common Stock 430 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 +11.3K 11.3K Mar 1, 2022 Common Stock 11.3K $48.97 Direct F6, F7
holding SPXC Employee stock option to purchase common stock 13K Mar 1, 2022 Common Stock 13K $44.58 Direct F4
holding SPXC Employee stock option to purchase common stock 10.2K Mar 1, 2022 Common Stock 10.2K $58.34 Direct F5
* 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 August 17, 2021.
F5 Vests in three equal installments beginning on March 1, 2022.
F6 Grant of stock option pursuant to the SPX Corporation 2019 Stock Compensation Plan.
F7 Vests in three equal installments beginning on March 1, 2023.