John Nurkin - 01 Dec 2022 Form 4 Insider Report for SPX Technologies, Inc. (SPXC)

Role
VP, GEN. COUNSEL & SECRETARY
Signature
/s/ John Webster Nurkin
Issuer symbol
SPXC
Transactions as of
01 Dec 2022
Transactions value $
$-551,397
Form type
4
Filing time
05 Dec 2022, 15:20:10 UTC
Previous filing
03 Mar 2022
Next filing
03 Feb 2023
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 $99,677 +7,757 +9.82% $12.85* 86,741 01 Dec 2022 Direct F1
transaction SPXC Common Stock Options Exercise $92,448 +3,374 +3.89% $27.40 90,115 01 Dec 2022 Direct F1
transaction SPXC Common Stock Sale $-597,984 -8,972 -9.96% $66.65 81,143 01 Dec 2022 Direct F1, F2, F3
transaction SPXC Common Stock Sale $-145,538 -2,159 -2.66% $67.41 78,984 01 Dec 2022 Direct F1, F2, F4
holding SPXC Common Stock 17,868 01 Dec 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
transaction SPXC Employee stock option to purchase common stock Options Exercise $0 -7,757 -25% $0.000000 23,271 01 Dec 2022 Common Stock 7,757 $12.85 Direct F5
transaction SPXC Employee stock option to purchase common stock Options Exercise $0 -3,374 -25% $0.000000 10,124 01 Dec 2022 Common Stock 3,374 $27.40 Direct F6
holding SPXC Employee stock option to purchase common stock 11,778 01 Dec 2022 Common Stock 11,778 $32.69 Direct F7
holding SPXC Employee stock option to purchase common stock 11,189 01 Dec 2022 Common Stock 11,189 $36.51 Direct F8
holding SPXC Employee stock option to purchase common stock 7,527 01 Dec 2022 Common Stock 7,527 $50.09 Direct F9
holding SPXC Employee stock option to purchase common stock 6,365 01 Dec 2022 Common Stock 6,365 $58.34 Direct F10
holding SPXC Employee stock option to purchase common stock 6,789 01 Dec 2022 Common Stock 6,789 $48.97 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 August 19, 2022.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.94 to $66.94, 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.95 to $67.84, 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.
F5 Vests in three equal installments beginning on March 2, 2017.
F6 Vests in three equal installments beginning on March 1, 2018.
F7 Vests in three equal installments beginning on February 2, 2019.
F8 Vests in three equal installments beginning on February 21, 2020.
F9 Vests in three equal installments beginning on February 20, 2021.
F10 Vests in three equal installments beginning on March 1, 2022.
F11 Vests in three equal installments beginning on March 1, 2023.