J. Randall Data - Mar 21, 2023 Form 4 Insider Report for SPX Technologies, Inc. (SPXC)

Role
PRES., HEATING AND GLOBAL OPER
Signature
/s/ John Nurkin, Attorney in Fact for J. Randall Data
Stock symbol
SPXC
Transactions as of
Mar 21, 2023
Transactions value $
-$877,750
Form type
4
Date filed
3/23/2023, 04:15 PM
Previous filing
Mar 20, 2023
Next filing
May 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPXC Common Stock Sale -$878K -12.5K -13.57% $70.22 79.6K Mar 21, 2023 Direct F1, F2, F3
holding SPXC Common Stock 3.63K Mar 21, 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 6.31K Mar 21, 2023 Common Stock 6.31K $71.93 Direct F4
holding SPXC Employee stock option to purchase common stock 16.1K Mar 21, 2023 Common Stock 16.1K $36.51 Direct F5
holding SPXC Employee stock option to purchase common stock 12K Mar 21, 2023 Common Stock 12K $50.09 Direct F6
holding SPXC Employee stock option to purchase common stock 8.91K Mar 21, 2023 Common Stock 8.91K $58.34 Direct F7
holding SPXC Employee stock option to purchase common stock 9.81K Mar 21, 2023 Common Stock 9.81K $48.97 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 15, 2022.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.00 to $70.81 inclusive. The reporting person undertakes to provide to SPX Technologies, Inc., any security holder of SPX Technologies, Inc., or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F3 Includes unvested restricted stock units.
F4 Vests in three equal installments beginning on March 1, 2024.
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.
F8 Vests in three equal installments beginning on March 1, 2023.