SEC Form 4 · accession 0001179110-15-000554
SPX Technologies, Inc. · SPXC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J Michael Whitted
Officer — V.P., Corporate Development
Period of report
Jan 2, 2015
Accepted (ET)
Jan 6, 2015 · 6:41 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 StockF1 | Jan 2, 2015 | A | 8,458 | — | A | 67,740 | D | |
| Common Stock | Jan 3, 2015 | D | 5,000 | $0.00 | D | 62,740 | D | |
| Common Stock | holding | — | — | — | 2,698 | 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 stockF3,F4 | $85.87 | Jan 2, 2015 | A | 26,843 | A | — | Jan 2, 2025 | Common Stock | 26,843 | 26,843 | D |
Explanation of responses
- F1Grant of restricted stock pursuant to the SPX Corporation 2002 Stock Compensation Plan.
- F2Forfeiture of restricted stock under the SPX Corporation 2002 Stock Compensation Plan.
- F3Grant of stock option pursuant to the SPX Corporation 2002 Stock Compensation Plan.
- F4The option vests in three equal annual installments beginning on January 2, 2016, and the exercise period ends on January 2, 2025.