NaTausha Heleena White - Nov 10, 2022 Form 4 Insider Report for SPX Technologies, Inc. (SPXC)

Signature
/s/ John Nurkin, Attorney-in-Fact
Stock symbol
SPXC
Transactions as of
Nov 10, 2022
Transactions value $
-$2,797,538
Form type
4
Date filed
11/14/2022, 03:17 PM
Previous filing
Nov 10, 2022
Next filing
Feb 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPXC Common Stock Options Exercise $535K +43.2K +129.03% $12.36* 76.8K Nov 10, 2022 Direct F1
transaction SPXC Common Stock Sale -$3.16M -43.2K -56.34% $73.06 33.5K Nov 10, 2022 Direct F1, F2
transaction SPXC Common Stock Options Exercise $35.6K +2.77K +8.27% $12.85* 36.3K Nov 11, 2022 Direct F1
transaction SPXC Common Stock Sale -$208K -2.77K -7.64% $75.06 33.5K Nov 11, 2022 Direct F1, F2
holding SPXC Common Stock 5.7K Nov 10, 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
transaction SPXC Employee stock option to purchase common stock Options Exercise $0 -43.2K -100% $0.00* 0 Nov 10, 2022 Common Stock 43.2K $12.36 Direct F3
transaction SPXC Employee stock option to purchase common stock Options Exercise $0 -2.77K -11.4% $0.00 21.5K Nov 11, 2022 Common Stock 2.77K $12.85 Direct F4
holding SPXC Employee stock option to purchase common stock 10.2K Nov 10, 2022 Common Stock 10.2K $27.40 Direct F5
holding SPXC Employee stock option to purchase common stock 9.1K Nov 10, 2022 Common Stock 9.1K $32.69 Direct F6
holding SPXC Employee stock option to purchase common stock 9.04K Nov 10, 2022 Common Stock 9.04K $36.51 Direct F7
holding SPXC Employee stock option to purchase common stock 6.19K Nov 10, 2022 Common Stock 6.19K $50.09 Direct F8
holding SPXC Employee stock option to purchase common stock 5.21K Nov 10, 2022 Common Stock 5.21K $58.34 Direct F9
holding SPXC Employee stock option to purchase common stock 5.86K Nov 10, 2022 Common Stock 5.86K $48.97 Direct F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes unvested restricted 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 August 19, 2022.
F3 Vests as to 100% of the shares on the third anniversary of the grant date.
F4 Vests in three equal installments beginning on March 2, 2017.
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.
F10 Vests in three equal installments beginning on March 1, 2023.