Eugene Joseph Lowe III - Mar 1, 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
Stock symbol
SPXC
Transactions as of
Mar 1, 2023
Transactions value $
-$458,846
Form type
4
Date filed
3/3/2023, 03:20 PM
Previous filing
Feb 22, 2023
Next filing
Apr 26, 2023

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 Mar 1, 2023 Direct F1, F2
transaction SPXC Common Stock Tax liability -$220K -3.12K -0.61% $70.44 509K Mar 1, 2023 Direct F2, F3
transaction SPXC Common Stock Tax liability -$239K -3.39K -0.67% $70.44 506K Mar 1, 2023 Direct F2, F3
holding SPXC Common Stock 4.73K Mar 1, 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 Mar 1, 2023 Common Stock 33.7K $71.93 Direct F4, F5
holding SPXC Employee stock option to purchase common stock 333K Mar 1, 2023 Common Stock 333K $12.36 Direct F6
holding SPXC Employee stock option to purchase common stock 45.8K Mar 1, 2023 Common Stock 45.8K $21.16 Direct F7
holding SPXC Employee stock option to purchase common stock 187K Mar 1, 2023 Common Stock 187K $12.85 Direct F8
holding SPXC Employee stock option to purchase common stock 82.4K Mar 1, 2023 Common Stock 82.4K $27.40 Direct F9
holding SPXC Employee stock option to purchase common stock 72.3K Mar 1, 2023 Common Stock 72.3K $32.69 Direct F10
holding SPXC Employee stock option to purchase common stock 77.5K Mar 1, 2023 Common Stock 77.5K $36.51 Direct F11
holding SPXC Employee stock option to purchase common stock 53.5K Mar 1, 2023 Common Stock 53.5K $50.09 Direct F12
holding SPXC Employee stock option to purchase common stock 46.3K Mar 1, 2023 Common Stock 46.3K $58.34 Direct F13
holding SPXC Employee stock option to purchase common stock 49.4K Mar 1, 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.