John William Swann III - 16 Feb 2024 Form 4 Insider Report for SPX Technologies, Inc. (SPXC)

Role
PRES., DETECTION & MEASUREMENT
Signature
/s/ John Nurkin, Attorney in Fact for John William Swann, III
Issuer symbol
SPXC
Transactions as of
16 Feb 2024
Net transactions value
-$419,215
Form type
4
Filing time
21 Feb 2024, 16:20:48 UTC
Previous filing
03 Mar 2023
Next filing
01 Mar 2024
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 +2,261 +2.6% 88,946 16 Feb 2024 Direct F1, F2, F3
transaction SPXC Common Stock Tax liability $419,215 -3,826 -4.3% $109.57 85,120 16 Feb 2024 Direct F2, F4
holding SPXC Common Stock 4,044 16 Feb 2024 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 16 Feb 2024 Common Stock 12,361 $32.69 Direct F5
holding SPXC Employee stock option to purchase common stock 13,556 16 Feb 2024 Common Stock 13,556 $36.51 Direct F6
holding SPXC Employee stock option to purchase common stock 10,552 16 Feb 2024 Common Stock 10,552 $50.09 Direct F7
holding SPXC Employee stock option to purchase common stock 8,101 16 Feb 2024 Common Stock 8,101 $58.34 Direct F8
holding SPXC Employee stock option to purchase common stock 8,641 16 Feb 2024 Common Stock 8,641 $48.97 Direct F9
holding SPXC Employee stock option to purchase common stock 5,948 16 Feb 2024 Common Stock 5,948 $71.93 Direct F10
* 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 2021-2023 performance period.
F2 Includes unvested restricted stock units.
F3 The total number of shares reported has been reduced by 7,349 shares due to an inadvertent over-reporting by such amount of the number of shares issued to the reporting person in respect of a performance award on a Form 4 filed by the reporting person on February 22, 2023.
F4 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.
F5 Vests in three equal installments beginning on February 22, 2019.
F6 Vests in three equal installments beginning on February 21, 2020.
F7 Vests in three equal installments beginning on February 20, 2021.
F8 Vests in three equal installments beginning on March 1, 2022.
F9 Vests in three equal installments beginning on March 1, 2023.
F10 Vests in three equal installments beginning on March 1, 2024.