Ankush Kumar - 21 Feb 2022 Form 4 Insider Report for SPX CORP (SPXC)

Role
President, SPX Global Cooling
Signature
John Nurkin, Attorney in Fact for Ankush Kumar
Issuer symbol
SPXC
Transactions as of
21 Feb 2022
Net transactions value
-$76,195
Form type
4
Filing time
23 Feb 2022, 15:55:07 UTC
Previous filing
03 Aug 2021
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 +951 +6.8% 14,947 21 Feb 2022 Direct F1, F3
transaction SPXC Common Stock Tax liability $62,620 -1,204 -8.1% $52.01 13,743 22 Feb 2022 Direct F2, F3
transaction SPXC Common Stock Tax liability $6,813 -131 -0.95% $52.01 13,612 22 Feb 2022 Direct F2, F3
transaction SPXC Common Stock Tax liability $6,761 -130 -0.96% $52.01 13,482 22 Feb 2022 Direct F2, F3
holding SPXC Common Stock 304 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 3,658 21 Feb 2022 Common Stock 3,658 $36.51 Direct F4
holding SPXC Employee stock option to purchase common stock 3,869 21 Feb 2022 Common Stock 3,869 $50.09 Direct F5
holding SPXC Employee stock option to purchase common stock 5,497 21 Feb 2022 Common Stock 5,497 $58.34 Direct F6
* 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 February 21, 2020.
F5 Vests in three equal installments beginning on February 20, 2021.
F6 Vests in three equal installments beginning on March 1, 2022.