Ankush Kumar - 01 Mar 2022 Form 4 Insider Report for SPX CORP (SPXC)

Reporting relationship: President, SPX Global Cooling
Issuer ticker: SPXC
Reported as of: 01 Mar 2022
Net transaction value: -$10,596
SEC form: 4
Accepted by SEC: 03 Mar 2022, 19:58:13 UTC
Prior SEC filing: 28 Feb 2022
Source filing: View source filing
Reporting owner signature: John Nurkin, Attorney in Fact for Ankush Kumar

Key filing fact

Ankush Kumar filed Form 4 for SPX CORP (SPXC) on 03 Mar 2022.

Key facts

This page summarizes Ankush Kumar's Form 4 filing for SPX CORP (SPXC).
3 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 03 Mar 2022, 19:58.

Change

Previous filing in this sequence was filed on 28 Feb 2022.
Current net transaction value: -$10,596.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SPXC transaction

Common Stock

Tax liability

Transaction value: $10,596
Shares: -209
Change %: -1.5%
Price: $50.70
Shares after: 13,336
Date: 01 Mar 2022
Ownership: Direct
Footnotes: F1, F2

SPXC transaction

Common Stock

Award

Transaction value
Shares: +8,040
Change %: +60%
Price
Shares after: 21,376
Date: 01 Mar 2022
Ownership: Direct
Footnotes: F2, F3

SPXC holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 304
Date: 01 Mar 2022
Ownership: 401(k) plan

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SPXC transaction Derivative

Employee stock option to purchase common stock

Award

Transaction value
Shares: +6,789
Change %
Price
Shares after: 6,789
Date: 01 Mar 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 6,789
Exercise price: $48.97
Footnotes: F7, F8

SPXC holding Derivative

Employee stock option to purchase common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 3,658
Date: 01 Mar 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,658
Exercise price: $36.51
Footnotes: F4

SPXC holding Derivative

Employee stock option to purchase common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 3,869
Date: 01 Mar 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,869
Exercise price: $50.09
Footnotes: F5

SPXC holding Derivative

Employee stock option to purchase common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 5,497
Date: 01 Mar 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,497
Exercise price: $58.34
Footnotes: F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

Shares delivered to the issuer for the payment of withholding taxes due upon the vesting of restricted stock units previously granted under the SPX Corporation 2019 Stock Compensation Plan.

Footnote F2

Includes unvested restricted stock units.

Footnote F3

Grant of restricted stock units under the SPX Corporation 2019 Stock Compensation Plan.

Footnote F4

Vests in three equal installments beginning on February 21, 2020.

Footnote F5

Vests in three equal installments beginning on February 20, 2021.

Footnote F6

Vests in three equal installments beginning on March 1, 2022.

Footnote F7

Grant of stock option pursuant to the SPX Corporation 2019 Stock Compensation Plan.

Footnote F8

Vests in three equal installments beginning on March 1, 2023.