John William Swann III - Feb 20, 2023 Form 4 Insider Report for SPX Technologies, Inc. (SPXC)

Role
PRES., DETECTION & MEASUREMENT
Signature
/s/ John Nurkin, Attorney in Fact for John Wiliam Swann
Stock symbol
SPXC
Transactions as of
Feb 20, 2023
Transactions value $
-$275,041
Form type
4
Date filed
2/22/2023, 03:24 PM
Previous filing
Jul 22, 2022
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPXC Common Stock Award +7.49K +8.97% 91K Feb 20, 2023 Direct F1, F2
transaction SPXC Common Stock Tax liability -$237K -3.22K -3.54% $73.56 87.7K Feb 20, 2023 Direct F2, F3
transaction SPXC Common Stock Tax liability -$38.2K -519 -0.59% $73.56 87.2K Feb 20, 2023 Direct F2, F3
holding SPXC Common Stock 3.88K Feb 20, 2023 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 12.4K Feb 20, 2023 Common Stock 12.4K $32.69 Direct F4
holding SPXC Employee stock option to purchase common stock 13.6K Feb 20, 2023 Common Stock 13.6K $36.51 Direct F5
holding SPXC Employee stock option to purchase common stock 10.6K Feb 20, 2023 Common Stock 10.6K $50.09 Direct F6
holding SPXC Employee stock option to purchase common stock 8.1K Feb 20, 2023 Common Stock 8.1K $58.34 Direct F7
holding SPXC Employee stock option to purchase common stock 8.64K Feb 20, 2023 Common Stock 8.64K $48.97 Direct F8
* 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 2019 Stock Compensation Plan for achievement of performance for the 2020-2022 performance period.
F2 Includes unvested restricted stock units.
F3 Shares delivered to the issuer for the payment of withholding taxes due upon the vesting of restricted stock units previously granted under the SPX 2019 Stock Compensation Plan.
F4 Vests in three equal installments beginning on February 22, 2019.
F5 Vests in three equal installments beginning on February 21, 2020.
F6 Vests in three equal installments beginning on February 20, 2021.
F7 Vests in three equal installments beginning on March 1, 2022.
F8 Vests in three equal installments beginning on March 1, 2023.