John William Swann III - 20 Feb 2023 Form 4 Insider Report for SPX Technologies, Inc. (SPXC)

Role
PRES., DETECTION & MEASUREMENT
Signature
/s/ John Nurkin, Attorney in Fact for John Wiliam Swann
Issuer symbol
SPXC
Transactions as of
20 Feb 2023
Net transactions value
-$275,041
Form type
4
Filing time
22 Feb 2023, 15:24:19 UTC
Previous filing
22 Jul 2022
Next filing
03 Mar 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 Award +7,487 +9% 90,959 20 Feb 2023 Direct F1, F2
transaction SPXC Common Stock Tax liability $236,863 -3,220 -3.5% $73.56 87,739 20 Feb 2023 Direct F2, F3
transaction SPXC Common Stock Tax liability $38,178 -519 -0.59% $73.56 87,220 20 Feb 2023 Direct F2, F3
holding SPXC Common Stock 3,880 20 Feb 2023 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 12,361 20 Feb 2023 Common Stock 12,361 $32.69 Direct F4
holding SPXC Employee stock option to purchase common stock 13,556 20 Feb 2023 Common Stock 13,556 $36.51 Direct F5
holding SPXC Employee stock option to purchase common stock 10,552 20 Feb 2023 Common Stock 10,552 $50.09 Direct F6
holding SPXC Employee stock option to purchase common stock 8,101 20 Feb 2023 Common Stock 8,101 $58.34 Direct F7
holding SPXC Employee stock option to purchase common stock 8,641 20 Feb 2023 Common Stock 8,641 $48.97 Direct F8
* 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 2019 Stock Compensation Plan for achievement of performance for the 2020-2022 performance period.
F2 Includes unvested restricted stock units.
F3 Shares delivered to the issuer for the payment of withholding taxes due upon the vesting of restricted stock units previously granted under the SPX 2019 Stock Compensation Plan.
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.
F8 Vests in three equal installments beginning on March 1, 2023.