Natausha Heleena White - 11 Sep 2023 Form 4 Insider Report for SPX Technologies, Inc. (SPXC)

Role
VP AND CHRO
Signature
/s/ John Nurkin, Attorney in Fact for Natausha Heleena White
Issuer symbol
SPXC
Transactions as of
11 Sep 2023
Net transactions value
-$191
Form type
4
Filing time
13 Sep 2023, 16:15:14 UTC
Previous filing
05 Sep 2023
Next filing
21 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPXC Common Stock Options Exercise $131 +4 +0.01% $32.69 35,422 11 Sep 2023 Direct F1
transaction SPXC Common Stock Sale $321 -4 -0.01% $80.33 35,418 11 Sep 2023 Direct F1, F2, F3
holding SPXC Common Stock 6,063 11 Sep 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 Options Exercise $0 -4 -100% $0.000000* 0 11 Sep 2023 Common Stock 4 $32.69 Direct F5, F6
holding SPXC Employee stock option to purchase common stock 8,506 11 Sep 2023 Common Stock 8,506 $12.85 Direct F4
holding SPXC Employee stock option to purchase common stock 9,037 11 Sep 2023 Common Stock 9,037 $36.51 Direct F7
holding SPXC Employee stock option to purchase common stock 6,191 11 Sep 2023 Common Stock 6,191 $50.09 Direct F8
holding SPXC Employee stock option to purchase common stock 5,208 11 Sep 2023 Common Stock 5,208 $58.34 Direct F9
holding SPXC Employee stock option to purchase common stock 5,864 11 Sep 2023 Common Stock 5,864 $48.97 Direct F10
holding SPXC Employee stock option to purchase common stock 4,957 11 Sep 2023 Common Stock 4,957 $71.93 Direct F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes unvested restricted stock units.
F2 The sales reported in this form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 19, 2023.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $80.03 to $80.49, 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.
F4 Vests in three equal installments beginning on March 2, 2017.
F5 Vests in three equal installments beginning on February 22, 2019.
F6 Due to an administrative error, on September 5, 2023, the reporting person over-reported the number of option awards exercised and the shares disposed of by 4 shares.
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.
F11 Vests in three equal installments beginning on March 1, 2024.