Eugene Joseph Lowe III - 20 Feb 2023 Form 4 Insider Report for SPX Technologies, Inc. (SPXC)

Reporting relationship
PRESIDENT AND CEO, Director
Issuer ticker
SPXC
Reported as of
20 Feb 2023
Net transaction value
-$1,695,043
Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
22 Feb 2023, 15:34:56 UTC
Prior SEC filing
26 Apr 2022
Next SEC filing
03 Mar 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ John Nurkin, Attorney in Fact for Eugene Joseph Lowe III

Key filing fact

Eugene Joseph Lowe III filed Form 4 for SPX Technologies, Inc. (SPXC) on 22 Feb 2023.

Key facts

  • This page summarizes Eugene Joseph Lowe III's Form 4 filing for SPX Technologies, Inc. (SPXC).
  • 3 reported transactions and 9 derivative rows are listed below.
  • Accepted by SEC: 22 Feb 2023, 15:34.

Change

  • Previous filing in this sequence was filed on 26 Apr 2022.
  • Current net transaction value: -$1,695,043.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SPXC transaction

Common Stock

Award

Transaction value
Shares
+37,933
Change %
+8.4%
Price
Shares after
491,270
Date
20 Feb 2023
Ownership
Direct
Footnotes
F1, F2
SPXC transaction

Common Stock

Tax liability

Transaction value
$1,456,709
Shares
-19,803
Change %
-4%
Price
$73.56
Shares after
471,467
Date
20 Feb 2023
Ownership
Direct
Footnotes
F2, F3
SPXC transaction

Common Stock

Tax liability

Transaction value
$238,334
Shares
-3,240
Change %
-0.69%
Price
$73.56
Shares after
468,227
Date
20 Feb 2023
Ownership
Direct
Footnotes
F2, F3
SPXC holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
4,731
Date
20 Feb 2023
Ownership
401 (k) Plan

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SPXC holding Derivative

Employee stock option to purchase common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
332,673
Date
20 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
332,673
Exercise price
$12.36
Footnotes
F4
SPXC holding Derivative

Employee stock option to purchase common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
45,776
Date
20 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
45,776
Exercise price
$21.16
Footnotes
F5
SPXC holding Derivative

Employee stock option to purchase common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
186,919
Date
20 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
186,919
Exercise price
$12.85
Footnotes
F6
SPXC holding Derivative

Employee stock option to purchase common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
82,405
Date
20 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
82,405
Exercise price
$27.40
Footnotes
F7
SPXC holding Derivative

Employee stock option to purchase common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
72,298
Date
20 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
72,298
Exercise price
$32.69
Footnotes
F8
SPXC holding Derivative

Employee stock option to purchase common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
77,463
Date
20 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
77,463
Exercise price
$36.51
Footnotes
F9
SPXC holding Derivative

Employee stock option to purchase common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
53,465
Date
20 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
53,465
Exercise price
$50.09
Footnotes
F10
SPXC holding Derivative

Employee stock option to purchase common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
46,291
Date
20 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
46,291
Exercise price
$58.34
Footnotes
F11
SPXC holding Derivative

Employee stock option to purchase common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
49,378
Date
20 Feb 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
49,378
Exercise price
$48.97
Footnotes
F12
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 12 footnotes

Footnote F1

Grant of shares under the SPX 2019 Stock Compensation Plan for achievement of performance for the 2020-2022 performance period.

Footnote F2

Includes unvested restricted stock units.

Footnote 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.

Footnote F4

Vests as to 100% of the shares on the third anniversary of the grant date.

Footnote F5

Vests in three equal installments beginning on January 2, 2016.

Footnote F6

Vests in three equal installments beginning on March 2, 2017.

Footnote F7

Vests in three equal installments beginning on March 1, 2018.

Footnote F8

Vests in three equal installments beginning on February 22, 2019.

Footnote F9

Vests in three equal installments beginning on February 21, 2020.

Footnote F10

Vests in three equal installments beginning on February 20, 2021.

Footnote F11

Vests in three equal installments beginning on March 1, 2022.

Footnote F12

Vests in three equal installments beginning on March 1, 2023.

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