Ankush Kumar - Mar 1, 2022 Form 4 Insider Report for SPX CORP (SPXC)

Role
President, SPX Global Cooling
Signature
John Nurkin, Attorney in Fact for Ankush Kumar
Stock symbol
SPXC
Transactions as of
Mar 1, 2022
Transactions value $
-$10,596
Form type
4
Date filed
3/3/2022, 07:58 PM
Previous filing
Feb 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPXC Common Stock Tax liability -$10.6K -209 -1.54% $50.70 13.3K Mar 1, 2022 Direct F1, F2
transaction SPXC Common Stock Award +8.04K +60.29% 21.4K Mar 1, 2022 Direct F2, F3
holding SPXC Common Stock 304 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 F7, F8
holding SPXC Employee stock option to purchase common stock 3.66K Mar 1, 2022 Common Stock 3.66K $36.51 Direct F4
holding SPXC Employee stock option to purchase common stock 3.87K Mar 1, 2022 Common Stock 3.87K $50.09 Direct F5
holding SPXC Employee stock option to purchase common stock 5.5K Mar 1, 2022 Common Stock 5.5K $58.34 Direct F6
* 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 February 21, 2020.
F5 Vests in three equal installments beginning on February 20, 2021.
F6 Vests in three equal installments beginning on March 1, 2022.
F7 Grant of stock option pursuant to the SPX Corporation 2019 Stock Compensation Plan.
F8 Vests in three equal installments beginning on March 1, 2023.