SEC Form 4 · accession 0001179110-15-014035
SPX Technologies, Inc. · SPXC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott William Sproule
Officer — VP, CFO and Treasurer
Period of report
Oct 13, 2015
Accepted (ET)
Oct 15, 2015 · 6:07 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 StockF1,F2 | Oct 13, 2015 | A | 25,283 | — | A | 93,694 | D | |
| Common Stock | holding | — | — | — | 1,080 | 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 | $12.36 | Oct 13, 2015 | A | 83,168 | A | Oct 13, 2018 | Oct 13, 2025 | Common Stock | 83,168 | 83,168 | D |
Explanation of responses
- F1Grant of restricted stock units pursuant to the SPX Corporation 2002 Stock Compensation Plan.
- F2Includes unvested restricted stock units.
- F3Grant of stock option pursuant to the SPX Corporation 2002 Stock Compensation Plan.
- F4Vests as to 100% of the shares on the third anniversary of the grant date.