J. Randall Data - 17 May 2023 Form 4 Insider Report for SPX Technologies, Inc. (SPXC)

Signature
/s/ John Nurkn, Attorney in Fact for J. Randall Data
Issuer symbol
SPXC
Transactions as of
17 May 2023
Net transactions value
-$842,432
Form type
4
Filing time
19 May 2023, 16:15:10 UTC
Previous filing
09 May 2023
Next filing
21 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPXC Common Stock Sale $245,322 -3,245 -4.2% $75.60 74,879 17 May 2023 Direct F1, F2, F3
transaction SPXC Common Stock Sale $303,878 -3,965 -5.3% $76.64 70,914 17 May 2023 Direct F1, F3, F4
transaction SPXC Common Stock Sale $293,232 -3,790 -5.3% $77.37 67,124 17 May 2023 Direct F1, F3, F5
holding SPXC Common Stock 3,615 17 May 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 6,305 17 May 2023 Common Stock 6,305 $71.93 Direct F6
holding SPXC Employee stock option to purchase common stock 11,959 17 May 2023 Common Stock 11,959 $50.09 Direct F7
holding SPXC Employee stock option to purchase common stock 8,911 17 May 2023 Common Stock 8,911 $58.34 Direct F8
holding SPXC Employee stock option to purchase common stock 9,814 17 May 2023 Common Stock 9,814 $48.97 Direct F9
* 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 $75.05 to $76.04, 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.06 to $77.06, 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.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $77.08 to $77.77, 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.
F6 Vests in three equal installments beginning on March 1, 2024.
F7 Vests in three equal installments beginning on February 20, 2021.
F8 Vests in three equal installments beginning on March 1, 2022.
F9 Vests in three equal installments beginning on March 1, 2023.