Brian G. Mason - 30 Sep 2021 Form 4 Insider Report for SPX CORP (SPXC)

Role
Pres. - SPX Transformer Sol.
Signature
/s/ John Nurkin, Attorney in Fact for Brian G. Mason
Issuer symbol
SPXC
Transactions as of
30 Sep 2021
Net transactions value
-$418,300
Form type
4
Filing time
01 Oct 2021, 16:28:32 UTC
Previous filing
27 Sep 2021
Next filing
05 Oct 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPXC Common Stock Options Exercise $123,600 +10,000 +16% $12.36* 71,246 30 Sep 2021 Direct F1
transaction SPXC Common Stock Sale $388,656 -7,200 -10% $53.98 64,046 30 Sep 2021 Direct F1, F2, F3
transaction SPXC Common Stock Sale $153,244 -2,800 -4.4% $54.73 61,246 30 Sep 2021 Direct F1, F2, F4
holding SPXC Common Stock 1,584 30 Sep 2021 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 Options Exercise $0 -10,000 -86% $0.000000 1,574 30 Sep 2021 Common Stock 10,000 $12.36 Direct F5
holding SPXC Employee stock option to purchase common stock 22,430 30 Sep 2021 Common Stock 22,430 $12.85 Direct F6
holding SPXC Employee stock option to purchase common stock 11,367 30 Sep 2021 Common Stock 11,367 $27.40 Direct F7
holding SPXC Employee stock option to purchase common stock 10,029 30 Sep 2021 Common Stock 10,029 $32.69 Direct F8
holding SPXC Employee stock option to purchase common stock 9,683 30 Sep 2021 Common Stock 9,683 $36.51 Direct F9
holding SPXC Employee stock option to purchase common stock 6,472 30 Sep 2021 Common Stock 6,472 $50.09 Direct F10
holding SPXC Employee stock option to purchase common stock 5,786 30 Sep 2021 Common Stock 5,786 $58.34 Direct F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes vested and unvested stock units.
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 24, 2021.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $53.42 to $54.41, inclusive. The reporting person undertakes to provide to SPX Corporation, any security holder of SPX Corporation, 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 $54.42 to $55.11, inclusive. The reporting person undertakes to provide to SPX Corporation, any security holder of SPX Corporation, 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 Vests as to 100% of the shares on the third anniversary of the grant date.
F6 Vests in three equal installments beginning on March 2, 2017.
F7 Vests in three equal installments beginning on March 1, 2018.
F8 Vests in three equal installments beginning on February 22, 2019.
F9 Vests in three equal installments beginning on February 21, 2020.
F10 Vests in three equal installments beginning on February 20, 2021.
F11 Vests in three equal installments beginning on March 1, 2022.