John William Swann III - Feb 21, 2022 Form 4 Insider Report for SPX CORP (SPXC)

Role
Pres., Heating and Location &
Signature
John Nurkin, Attorney in Fact for John William Swann, III
Stock symbol
SPXC
Transactions as of
Feb 21, 2022
Transactions value $
-$375,356
Form type
4
Date filed
2/23/2022, 03:54 PM
Previous filing
Jan 5, 2022
Next filing
Mar 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPXC Common Stock Award +3.52K +4.55% 80.9K Feb 21, 2022 Direct F1, F3
transaction SPXC Common Stock Tax liability -$309K -5.94K -7.34% $52.01 75K Feb 22, 2022 Direct F2, F3
transaction SPXC Common Stock Tax liability -$38K -731 -0.97% $52.01 74.2K Feb 22, 2022 Direct F2, F3
transaction SPXC Common Stock Tax liability -$28.3K -544 -0.73% $52.01 73.7K Feb 22, 2022 Direct F2, F3
holding SPXC Common Stock 3.61K 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 8.57K Feb 21, 2022 Common Stock 7.26K $12.36 Direct F4
holding SPXC Employee stock option to purchase common stock 13.2K Feb 21, 2022 Common Stock 13.2K $27.40 Direct F5
holding SPXC Employee stock option to purchase common stock 12.4K Feb 21, 2022 Common Stock 12.4K $32.69 Direct F6
holding SPXC Employee stock option to purchase common stock 13.6K Feb 21, 2022 Common Stock 13.6K $36.51 Direct F7
holding SPXC Employee stock option to purchase common stock 10.6K Feb 21, 2022 Common Stock 10.6K $50.09 Direct F8
holding SPXC Employee stock option to purchase common stock 8.1K Feb 21, 2022 Common Stock 8.1K $58.34 Direct F9
* 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 unvested restricted stock units.
F4 Vests as to 100% of the shares on the third anniversary of the grant date.
F5 Vests in three equal installments beginning on March 1, 2018.
F6 Vests in three equal installments beginning on February 22, 2019.
F7 Vests in three equal installments beginning on February 21, 2020.
F8 Vests in three equal installments beginning on February 20, 2021.
F9 Vests in three equal installments beginning on March 1, 2022.