J. Randall Data - 30 Dec 2021 Form 4 Insider Report for SPX CORP (SPXC)

Signature
/s/ John Nurkin, Attorney in Fact for J. Randall Data
Issuer symbol
SPXC
Transactions as of
30 Dec 2021
Transactions value $
-$1,202,155
Form type
4
Filing time
03 Jan 2022, 15:25:41 UTC
Next filing
23 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPXC Common Stock Options Exercise $506K +18.5K +19.08% $27.40 115K 30 Dec 2021 Direct F1
transaction SPXC Common Stock Sale -$1.71M -28.5K -24.7% $60.00 86.8K 30 Dec 2021 Direct F1, F2
holding SPXC Common Stock 3.1K 30 Dec 2021 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 -18.5K -100% $0.00* 0 30 Dec 2021 Common Stock 18.5K $27.40 Direct F3
holding SPXC Employee stock option to purchase common stock 16.3K 30 Dec 2021 Common Stock 16.3K $32.69 Direct F4
holding SPXC Employee stock option to purchase common stock 16.1K 30 Dec 2021 Common Stock 16.1K $36.51 Direct F5
holding SPXC Employee stock option to purchase common stock 12K 30 Dec 2021 Common Stock 12K $50.09 Direct F6
holding SPXC Employee stock option to purchase common stock 8.91K 30 Dec 2021 Common Stock 8.91K $58.34 Direct F7
* 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 September 24, 2021.
F3 Vests in three equal installments beginning on March 1, 2018.
F4 Vests in three equal installments beginning on February 22, 2019.
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.