NaTausha Heleena White - Nov 8, 2022 Form 4 Insider Report for SPX Technologies, Inc. (SPXC)

Role
VP AND CHRO
Signature
/s/ John Nurkin, Attorney-in-Fact
Stock symbol
SPXC
Transactions as of
Nov 8, 2022
Transactions value $
-$711,614
Form type
4
Date filed
11/10/2022, 03:25 PM
Previous filing
Mar 3, 2022
Next filing
Nov 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPXC Common Stock Sale -$299K -4.31K -9.86% $69.35 39.4K Nov 8, 2022 Direct F1, F2, F3
transaction SPXC Common Stock Sale -$406K -5.78K -14.67% $70.18 33.6K Nov 8, 2022 Direct F1, F3, F4
transaction SPXC Common Stock Sale -$7.08K -100 -0.3% $70.76 33.5K Nov 8, 2022 Direct F1, F3
holding SPXC Common Stock 5.71K Nov 8, 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 Nov 8, 2022 Common Stock 43.2K $12.36 Direct F5
holding SPXC Employee stock option to purchase common stock 24.3K Nov 8, 2022 Common Stock 24.3K $12.85 Direct F6
holding SPXC Employee stock option to purchase common stock 10.2K Nov 8, 2022 Common Stock 10.2K $27.40 Direct F7
holding SPXC Employee stock option to purchase common stock 9.1K Nov 8, 2022 Common Stock 9.1K $32.69 Direct F8
holding SPXC Employee stock option to purchase common stock 9.04K Nov 8, 2022 Common Stock 9.04K $36.51 Direct F9
holding SPXC Employee stock option to purchase common stock 6.19K Nov 8, 2022 Common Stock 6.19K $50.09 Direct F10
holding SPXC Employee stock option to purchase common stock 5.21K Nov 8, 2022 Common Stock 5.21K $58.34 Direct F11
holding SPXC Employee stock option to purchase common stock 5.86K Nov 8, 2022 Common Stock 5.86K $48.97 Direct F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 19, 2022.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.63 to $69.63, inclusive. The reporting person undertakes to provide to SPX Technologies, Inc., any security holder of SPX Technologies, Inc., 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.
F3 Includes unvested restricted stock units.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.65 to $70.64, 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.
F12 Vests in three equal installments beginning on March 1, 2023.