John William Swann III - Mar 1, 2023 Form 4 Insider Report for SPX Technologies, Inc. (SPXC)

Role
PRES., DETECTION & MEASUREMENT
Signature
/s/ John Nurkin,Attorney in Fact for John William Swann, III
Stock symbol
SPXC
Transactions as of
Mar 1, 2023
Transactions value $
-$65,227
Form type
4
Date filed
3/3/2023, 03:25 PM
Previous filing
Feb 22, 2023
Next filing
Feb 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPXC Common Stock Award +7.74K +8.87% 95K Mar 1, 2023 Direct F1, F2
transaction SPXC Common Stock Tax liability -$31.3K -444 -0.47% $70.44 94.5K Mar 1, 2023 Direct F2, F3
transaction SPXC Common Stock Tax liability -$34K -482 -0.51% $70.44 94K Mar 1, 2023 Direct F2, F3
holding SPXC Common Stock 3.88K 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 +5.95K 5.95K Mar 1, 2023 Common Stock 5.95K $71.93 Direct F4, F5
holding SPXC Employee stock option to purchase common stock 12.4K Mar 1, 2023 Common Stock 12.4K $32.69 Direct F6
holding SPXC Employee stock option to purchase common stock 13.6K Mar 1, 2023 Common Stock 13.6K $36.51 Direct F7
holding SPXC Employee stock option to purchase common stock 10.6K Mar 1, 2023 Common Stock 10.6K $50.09 Direct F8
holding SPXC Employee stock option to purchase common stock 8.1K Mar 1, 2023 Common Stock 8.1K $58.34 Direct F9
holding SPXC Employee stock option to purchase common stock 8.64K Mar 1, 2023 Common Stock 8.64K $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 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 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.