Brian G. Mason - Sep 30, 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
Stock symbol
SPXC
Transactions as of
Sep 30, 2021
Transactions value $
-$418,300
Form type
4
Date filed
10/1/2021, 04:28 PM
Previous filing
Sep 27, 2021
Next filing
Oct 5, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPXC Common Stock Options Exercise $124K +10K +16.33% $12.36* 71.2K Sep 30, 2021 Direct F1
transaction SPXC Common Stock Sale -$389K -7.2K -10.11% $53.98 64K Sep 30, 2021 Direct F1, F2, F3
transaction SPXC Common Stock Sale -$153K -2.8K -4.37% $54.73 61.2K Sep 30, 2021 Direct F1, F2, F4
holding SPXC Common Stock 1.58K Sep 30, 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 -10K -86.4% $0.00 1.57K Sep 30, 2021 Common Stock 10K $12.36 Direct F5
holding SPXC Employee stock option to purchase common stock 22.4K Sep 30, 2021 Common Stock 22.4K $12.85 Direct F6
holding SPXC Employee stock option to purchase common stock 11.4K Sep 30, 2021 Common Stock 11.4K $27.40 Direct F7
holding SPXC Employee stock option to purchase common stock 10K Sep 30, 2021 Common Stock 10K $32.69 Direct F8
holding SPXC Employee stock option to purchase common stock 9.68K Sep 30, 2021 Common Stock 9.68K $36.51 Direct F9
holding SPXC Employee stock option to purchase common stock 6.47K Sep 30, 2021 Common Stock 6.47K $50.09 Direct F10
holding SPXC Employee stock option to purchase common stock 5.79K Sep 30, 2021 Common Stock 5.79K $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.