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

Role
VP, GEN. COUNSEL & SECRETARY
Signature
/s/ John Nurkin
Stock symbol
SPXC
Transactions as of
Feb 20, 2023
Transactions value $
-$202,143
Form type
4
Date filed
2/22/2023, 03:32 PM
Previous filing
Feb 3, 2023
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 +5.34K +6.76% 84.3K Feb 20, 2023 Direct F1, F2
transaction SPXC Comon Stock Tax liability -$174K -2.36K -2.8% $73.56 82K Feb 20, 2023 Direct F2, F3
transaction SPXC Common Stock Tax liability -$28.5K -387 -0.47% $73.56 81.6K Feb 20, 2023 Direct F2, F3
holding SPXC Common Stock 22K 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 15.5K Feb 20, 2023 Common Stock 15.5K $12.85 Direct F4
holding SPXC Employee stock option to purchase common stock 6.75K Feb 20, 2023 Common Stock 6.75K $27.40 Direct F5
holding SPXC Employee stock option to purchase common stock 11.8K Feb 20, 2023 Common Stock 11.8K $32.69 Direct F6
holding SPXC Employee stock option to purchase common stock 11.2K Feb 20, 2023 Common Stock 11.2K $36.51 Direct F7
holding SPXC Employee stock option to purchase common stock 7.53K Feb 20, 2023 Common Stock 7.53K $50.09 Direct F8
holding SPXC Employee stock option to purchase common stock 6.37K Feb 20, 2023 Common Stock 6.37K $58.34 Direct F9
holding SPXC Employee stock option to purchase common stock 6.79K Feb 20, 2023 Common Stock 6.79K $48.97 Direct F10
* 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 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.