Natausha Heleena White - 08 Nov 2022 Form 4 Insider Report for SPX Technologies, Inc. (SPXC)

Role
VP AND CHRO
Signature
/s/ John Nurkin, Attorney-in-Fact
Issuer symbol
SPXC
Transactions as of
08 Nov 2022
Net transactions value
-$711,614
Form type
4
Filing time
10 Nov 2022, 15:25:14 UTC
Previous filing
03 Mar 2022
Next filing
14 Nov 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPXC Common Stock Sale $298,968 -4,311 -9.9% $69.35 39,397 08 Nov 2022 Direct F1, F2, F3
transaction SPXC Common Stock Sale $405,570 -5,779 -15% $70.18 33,618 08 Nov 2022 Direct F1, F3, F4
transaction SPXC Common Stock Sale $7,076 -100 -0.3% $70.76 33,518 08 Nov 2022 Direct F1, F3
holding SPXC Common Stock 5,706 08 Nov 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 43,248 08 Nov 2022 Common Stock 43,248 $12.36 Direct F5
holding SPXC Employee stock option to purchase common stock 24,299 08 Nov 2022 Common Stock 24,299 $12.85 Direct F6
holding SPXC Employee stock option to purchase common stock 10,230 08 Nov 2022 Common Stock 10,230 $27.40 Direct F7
holding SPXC Employee stock option to purchase common stock 9,096 08 Nov 2022 Common Stock 9,096 $32.69 Direct F8
holding SPXC Employee stock option to purchase common stock 9,037 08 Nov 2022 Common Stock 9,037 $36.51 Direct F9
holding SPXC Employee stock option to purchase common stock 6,191 08 Nov 2022 Common Stock 6,191 $50.09 Direct F10
holding SPXC Employee stock option to purchase common stock 5,208 08 Nov 2022 Common Stock 5,208 $58.34 Direct F11
holding SPXC Employee stock option to purchase common stock 5,864 08 Nov 2022 Common Stock 5,864 $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.