SEC Form 4 · accession 0001179110-15-000556
SPX Technologies, Inc. · SPXC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher J Kearney
Officer — Chairman, President and CEO · Director
Period of report
Jan 2, 2015
Accepted (ET)
Jan 6, 2015 · 6:42 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 | 39,391 | — | A | 223,527 | D | |
| Common Stock | Jan 3, 2015 | D | 33,334 | $0.00 | D | 190,193 | D | |
| Common StockF3 | holding | — | — | — | 257,460 | I | By trust | |
| Common StockF4 | holding | — | — | — | 71,039 | I | By trust | |
| Common StockF5 | holding | — | — | — | 59,834 | I | By trust | |
| Common Stock | holding | — | — | — | 4,703 | 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 stockF6,F7 | $85.87 | Jan 2, 2015 | A | 125,007 | A | — | Jan 2, 2025 | Common Stock | 125,007 | 125,007 | 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.
- F3By the Christopher J. Kearney Revocable Trust u/i/d 1/31/1997, as amended.
- F4By the Susan M. Kearney Revocable Trust u/i/d 1/31/1997, as amended.
- F5Mr. Kearney is filing this Form voluntarily to reflect the contribution of 59,834 shares of SPX common stock from the Christopher J. Kearney Revocable Trust to the Christopher J. Kearney Grantor Retained Annuity Trust on December 19, 2014.
- F6Grant of stock option pursuant to the SPX Corporation 2002 Stock Compensation Plan.
- F7The option vests in three equal annual installments beginning on January 2, 2016, and the exercise period ends on January 2, 2025.