John Nurkin - 21 Feb 2022 Form 4 Insider Report for SPX CORP (SPXC)

Role
VP, Gen. Counsel & Secretary
Signature
/s/ John Webster Nurkin
Issuer symbol
SPXC
Transactions as of
21 Feb 2022
Net transactions value
-$279,970
Form type
4
Filing time
23 Feb 2022, 15:53:06 UTC
Next filing
28 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPXC Common Stock Award +2,909 +3.9% 76,590 21 Feb 2022 Direct F1, F3
transaction SPXC Common Stock Tax liability $234,149 -4,502 -5.9% $52.01 72,088 22 Feb 2022 Direct F2, F3
transaction SPXC Common Stock Tax liability $27,877 -536 -0.74% $52.01 71,552 22 Feb 2022 Direct F2, F3
transaction SPXC Common Stock Tax liability $17,943 -345 -0.48% $52.01 71,207 22 Feb 2022 Direct F2, F3
holding SPXC Common Stock 21,928 21 Feb 2022 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 31,028 21 Feb 2022 Common stock 31,028 $12.85 Direct F4
holding SPXC Employee stock option to purchase common stock 13,498 21 Feb 2022 Common stock 13,498 $27.40 Direct F5
holding SPXC Employee stock option to purchase common stock 11,778 21 Feb 2022 Common stock 11,778 $32.69 Direct F6
holding SPXC Employee stock option to purchase common stock 11,189 21 Feb 2022 Common stock 11,189 $36.51 Direct F7
holding SPXC Employee stock option to purchase common stock 7,527 21 Feb 2022 Common stock 7,527 $50.09 Direct F8
holding SPXC Employee stock option to purchase common stock 6,365 21 Feb 2022 Common stock 6,365 $58.34 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of shares under the SPX Corporation 2019 Stock Compensation Plan for achievement of performance for the 2019-2021 performance period.
F2 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.
F3 Includes unvested restricted stock units.
F4 Vests in three equal installments beginning on March 2, 2017.
F5 Vests in three equal installments beginning on March 1, 2018.
F6 Vests in three equal installments beginning on February 22, 2019.
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.