SEC Form 4 · accession 0001179110-15-013434
SPX Technologies, Inc. · SPXC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher J Kearney
Director
Period of report
Sep 26, 2015
Accepted (ET)
Sep 29, 2015 · 6:36 pm EDT
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 Stock | Mar 12, 2015 | G | 9,884 | $0.00 | D | 188,336 | D | |
| Common StockF1 | Mar 12, 2015 | G | 9,884 | $0.00 | A | 267,344 | I | By trust |
| Common StockF1 | Mar 26, 2015 | G | 7,125 | $0.00 | D | 260,219 | I | By trust |
| Common StockF2 | Sep 26, 2015 | D | 188,336 | $0.00 | D | 0 | D | |
| Common StockF3 | holding | — | — | — | 71,039 | I | By trust | |
| Common StockF4 | holding | — | — | — | 59,834 | I | By trust | |
| Common Stock | holding | — | — | — | 4,983 | 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 | $85.87 | Sep 26, 2015 | D | 125,007 | D | — | Jan 2, 2025 | Common Stock | 125,007 | 0 | D |
Explanation of responses
- F1By the Christopher J. Kearney Revocable Trust u/i/d 1/31/1997, as amended.
- F2In accordance with the employee matters agreement between SPX Corporation ("SPX") and SPX FLOW, Inc. ("FLOW"), restricted stock held by the reporting person in SPX immediately prior to the distribution by SPX to its stockholders of all of the outstanding shares of the common stock of FLOW (the "Spin-off") was converted to restricted stock in FLOW.
- F3By the Susan M. Kearney Revocable Trust u/i/d 1/31/1997, as amended.
- F4By the Christopher J. Kearney Grantor Retained Annuity Trust.
- F5In accordance with the employee matters agreement between SPX and FLOW, stock options held by the reporting person in SPX immediately prior to the distribution by SPX to its stockholders of all of the outstanding shares of the common stock of FLOW (the "Spin-off") were converted to stock options in FLOW.