NaTausha Heleena White - Feb 21, 2022 Form 4 Insider Report for SPX CORP (SPXC)

Signature
/s/ John Nurkin, Attorney in Fact for NaTausha Heleena White
Stock symbol
SPXC
Transactions as of
Feb 21, 2022
Transactions value $
-$272,584
Form type
4
Date filed
2/23/2022, 03:53 PM
Previous filing
Nov 10, 2021
Next filing
Feb 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPXC Common Stock Award +2.35K +5.89% 42.3K Feb 21, 2022 Direct F1, F3
transaction SPXC Common Stock Tax liability -$228K -4.38K -10.36% $52.01 37.9K Feb 22, 2022 Direct F2, F3
transaction SPXC Common Stock Tax liability -$27.1K -521 -1.38% $52.01 37.4K Feb 22, 2022 Direct F2, F3
transaction SPXC Common Stock Tax liability -$17.8K -342 -0.92% $52.01 37K Feb 22, 2022 Direct F2, F3
holding SPXC Common Stock 5.36K Feb 21, 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
holding SPXC Employee stock option to purchase common stock 43.2K Feb 21, 2022 Common Stock 43.2K $12.36 Direct F4
holding SPXC Employee stock option to purchase common stock 24.3K Feb 21, 2022 Common Stock 24.3K $12.85 Direct F5
holding SPXC Employee stock option to purchase common stock 10.2K Feb 21, 2022 Common Stock 10.2K $27.40 Direct F6
holding SPXC Employee stock option to purchase common stock 9.1K Feb 21, 2022 Common Stock 9.1K $32.69 Direct F7
holding SPXC Employee stock option to purchase common stock 9.04K Feb 21, 2022 Common Stock 9.04K $36.51 Direct F8
holding SPXC Employee stock option to purchase common stock 6.19K Feb 21, 2022 Common Stock 6.19K $50.09 Direct F9
holding SPXC Employee stock option to purchase common stock 5.21K Feb 21, 2022 Common Stock 5.21K $58.34 Direct F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of shares under the SPX Corporation 2019 Stock Compensation Plan for achievement of performance for the 2019-2021 performance period.
F2 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.
F3 Includes vested and unvested stock units.
F4 Vested as to 100% of the shares on the third anniversary of the grant date.
F5 Vests in three equal installments beginning on March 2, 2017.
F6 Vests in three equal installments beginning on March 1, 2018.
F7 Vests in three equal installments beginning on February 22, 2019.
F8 Vests in three equal installments beginning on February 21, 2020.
F9 Vests in three equal installments beginning on February 20, 2021.
F10 Vests in three equal installments beginning on March 1, 2022.