John Nurkin - Dec 1, 2022 Form 4 Insider Report for SPX Technologies, Inc. (SPXC)

Role
VP, GEN. COUNSEL & SECRETARY
Signature
/s/ John Webster Nurkin
Stock symbol
SPXC
Transactions as of
Dec 1, 2022
Transactions value $
-$551,397
Form type
4
Date filed
12/5/2022, 03:20 PM
Previous filing
Mar 3, 2022
Next filing
Feb 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPXC Common Stock Options Exercise $99.7K +7.76K +9.82% $12.85* 86.7K Dec 1, 2022 Direct F1
transaction SPXC Common Stock Options Exercise $92.4K +3.37K +3.89% $27.40 90.1K Dec 1, 2022 Direct F1
transaction SPXC Common Stock Sale -$598K -8.97K -9.96% $66.65 81.1K Dec 1, 2022 Direct F1, F2, F3
transaction SPXC Common Stock Sale -$146K -2.16K -2.66% $67.41 79K Dec 1, 2022 Direct F1, F2, F4
holding SPXC Common Stock 17.9K Dec 1, 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 -7.76K -25% $0.00 23.3K Dec 1, 2022 Common Stock 7.76K $12.85 Direct F5
transaction SPXC Employee stock option to purchase common stock Options Exercise $0 -3.37K -25% $0.00 10.1K Dec 1, 2022 Common Stock 3.37K $27.40 Direct F6
holding SPXC Employee stock option to purchase common stock 11.8K Dec 1, 2022 Common Stock 11.8K $32.69 Direct F7
holding SPXC Employee stock option to purchase common stock 11.2K Dec 1, 2022 Common Stock 11.2K $36.51 Direct F8
holding SPXC Employee stock option to purchase common stock 7.53K Dec 1, 2022 Common Stock 7.53K $50.09 Direct F9
holding SPXC Employee stock option to purchase common stock 6.37K Dec 1, 2022 Common Stock 6.37K $58.34 Direct F10
holding SPXC Employee stock option to purchase common stock 6.79K Dec 1, 2022 Common Stock 6.79K $48.97 Direct F11
* 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.94 to $66.94, 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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.95 to $67.84, 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.
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 2, 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.
F11 Vests in three equal installments beginning on March 1, 2023.