SEC Form 4 · accession 0001179110-17-003880
SPX Technologies, Inc. · SPXC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Andrew Reilly
Officer — Corp. Controller and CAO
Period of report
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 6:28 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,F2 | Mar 1, 2017 | A | 7,104 | — | A | 67,097 | D | |
| Common StockF2 | Mar 2, 2017 | F | 1,013 | $27.40 | D | 66,084 | D | |
| Common Stock | holding | — | — | — | 1,579 | 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 | $27.40 | Mar 1, 2017 | A | 10,230 | A | Mar 1, 2020 | Mar 1, 2027 | Common Stock | 10,230 | 10,230 | D |
| Employee stock option to purchase common stockF4 | $12.36 | holding | — | — | — | Oct 13, 2018 | Oct 13, 2025 | Common Stock | 33,267 | 33,267 | D |
| Employee stock option to purchase common stockF5 | $12.85 | holding | — | — | — | Mar 2, 2019 | Mar 2, 2026 | Common Stock | 27,664 | 27,664 | D |
Explanation of responses
- F1Grant of restricted stock under the SPX Corporation 2002 Stock Compensation Plan.
- F2Includes unvested restricted stock units.
- F3Shares 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.
- F4Vests as to 100% of the shares on the third anniversary of the grant date.
- F5Vests in three equal installments beginning on March 2, 2017.
- F6Grant of stock option pursuant to the SPX Corporation 2002 Stock Compensation Plan.
- F7Vests in three equal installments beginning on March 1, 2018.