Eugene Joseph Lowe III - 01 Mar 2023 Form 4 Insider Report for SPX Technologies, Inc. (SPXC)

Role
PRESIDENT AND CEO, Director
Signature
/s/ John Nurkin, Attorney in Fact for Eugene Joseph Lowe, III
Issuer symbol
SPXC
Transactions as of
01 Mar 2023
Transactions value $
-$458,846
Form type
4
Filing time
03 Mar 2023, 15:20:26 UTC
Previous filing
22 Feb 2023
Next filing
26 Apr 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 +43.9K +9.37% 512K 01 Mar 2023 Direct F1, F2
transaction SPXC Common Stock Tax liability -$220K -3.12K -0.61% $70.44 509K 01 Mar 2023 Direct F2, F3
transaction SPXC Common Stock Tax liability -$239K -3.39K -0.67% $70.44 506K 01 Mar 2023 Direct F2, F3
holding SPXC Common Stock 4.73K 01 Mar 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
transaction SPXC Employee stock option to purchase common stock Award +33.7K 33.7K 01 Mar 2023 Common Stock 33.7K $71.93 Direct F4, F5
holding SPXC Employee stock option to purchase common stock 333K 01 Mar 2023 Common Stock 333K $12.36 Direct F6
holding SPXC Employee stock option to purchase common stock 45.8K 01 Mar 2023 Common Stock 45.8K $21.16 Direct F7
holding SPXC Employee stock option to purchase common stock 187K 01 Mar 2023 Common Stock 187K $12.85 Direct F8
holding SPXC Employee stock option to purchase common stock 82.4K 01 Mar 2023 Common Stock 82.4K $27.40 Direct F9
holding SPXC Employee stock option to purchase common stock 72.3K 01 Mar 2023 Common Stock 72.3K $32.69 Direct F10
holding SPXC Employee stock option to purchase common stock 77.5K 01 Mar 2023 Common Stock 77.5K $36.51 Direct F11
holding SPXC Employee stock option to purchase common stock 53.5K 01 Mar 2023 Common Stock 53.5K $50.09 Direct F12
holding SPXC Employee stock option to purchase common stock 46.3K 01 Mar 2023 Common Stock 46.3K $58.34 Direct F13
holding SPXC Employee stock option to purchase common stock 49.4K 01 Mar 2023 Common Stock 49.4K $48.97 Direct F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of restricted stock units under the SPX 2019 Stock Compensation Plan.
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 Grant of stock options pursuant to the SPX 2019 Stock Compensation Plan.
F5 Vests in three equal installments beginning on March 1, 2024.
F6 Vested as to 100% of the shares on the third anniversary of the grant date.
F7 Vests in three equal installments beginning on January 2, 2016.
F8 Vests in three equal installments beginning on March 2, 2017.
F9 Vests in three equal installments beginning on March 1, 2018.
F10 Vests in three equal installments beginning on February 22, 2019.
F11 Vests in three equal installments beginning on February 21, 2020.
F12 Vests in three equal installments beginning on February 20, 2021.
F13 Vests in three equal installments beginning on March 1, 2022.
F14 Vests in three equal installments beginning on March 1, 2023.