Michael A. Reilly - 20 Feb 2023 Form 4 Insider Report for SPX Technologies, Inc. (SPXC)

Role
CORP. CONTROLLER AND CAO
Signature
/s/ John Nurkin, Attorney in Fact for Michael A. Reilly
Issuer symbol
SPXC
Transactions as of
20 Feb 2023
Net transactions value
-$104,382
Form type
4
Filing time
22 Feb 2023, 15:38:14 UTC
Previous filing
03 Mar 2022
Next filing
03 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPXC Common Stock Award +3,993 +7.4% 57,989 20 Feb 2023 Direct F1, F2
transaction SPXC Common Stock Tax liability $90,332 -1,228 -2.1% $73.56 56,761 20 Feb 2023 Direct F2, F3
transaction SPXC Common Stock Tax liability $14,050 -191 -0.34% $73.56 56,570 20 Feb 2023 Direct F2, F3
holding SPXC Common Stock 1,736 20 Feb 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 3,110 20 Feb 2023 Common Stock 3,110 $32.69 Direct F4
holding SPXC Employee stock option to purchase common stock 8,607 20 Feb 2023 Common Stock 8,607 $36.51 Direct F5
holding SPXC Employee stock option to purchase common stock 5,628 20 Feb 2023 Common Stock 5,628 $50.09 Direct F6
holding SPXC Employee stock option to purchase common stock 4,629 20 Feb 2023 Common Stock 4,629 $58.34 Direct F7
* 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.