SEC Form 4 · accession 0001179110-15-000543
SPX Technologies, Inc. · SPXC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marc G. Michael
Officer — Pres., Flow Food and Beverage
Period of report
Jan 2, 2015
Accepted (ET)
Jan 6, 2015 · 6:36 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000088205
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Jan 2, 2015 | F | 608 | $85.92 | D | 19,779 | D | |
| Common StockF3,F2 | Jan 2, 2015 | A | 3,554 | — | A | 23,333 | D | |
| Common StockF2 | Jan 3, 2015 | D | 2,000 | $0.00 | D | 21,333 | D | |
| Common StockF2 | Jan 5, 2015 | F | 162 | $85.87 | D | 21,171 | D | |
| Common Stock | holding | — | — | — | 752 | I | 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee stock option to purchase common stockF5,F6 | $85.87 | Jan 2, 2015 | A | 11,278 | A | — | Jan 2, 2025 | Common Stock | 11,278 | 11,278 | D |
Explanation of responses
- F1Shares delivered to the issuer for the payment of withholding taxes due upon the vesting of restricted stock previously granted under the SPX Corporation 2002 Compensation Plan.
- F2Includes unvested restricted stock units.
- F3Grant of restricted stock pursuant to the SPX Corporation 2002 Stock Compensation Plan.
- F4Forfeiture of restricted stock under the SPX Corporation 2002 Stock Compensation Plan.
- F5Grant of stock option pursuant to the SPX Corporation 2002 Stock Compensation Plan.
- F6The option vests in three equal annual installments beginning on January 2, 2016, and the exercise period ends on January 2, 2025.