SEC Form 4 · accession 0001179110-16-017441
SPX Technologies, Inc. · SPXC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John William Swann III
Officer — Pres.-Weil McClain,MEP & Radio
Period of report
Jan 4, 2016
Accepted (ET)
Jan 6, 2016 · 7:04 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 4, 2016 | F | 3,305 | $9.33 | D | 55,749 | D | |
| Common Stock | holding | — | — | — | 672 | I | 410(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 | $12.36 | holding | — | — | — | Oct 13, 2018 | Oct 13, 2025 | Common Stock | 66,535 | 66,535 | 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 Stock Compensation Plan.
- F2Includes unvested restricted stock units.
- F3Vests as to 100% of the shares on the third anniversary of the grant date.