SEC Form 4 · accession 0001179110-17-014734
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 10, 2017
Accepted (ET)
Nov 30, 2017 · 5:04 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 StockF1,F2 | Mar 10, 2017 | S | 10,809 | $24.33 | D | 50,327 | D | |
| Common StockF2 | Mar 10, 2017 | S | 100 | $25.01 | D | 50,227 | D |
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 | 33,267 | 33,267 | D |
| Employee stock option to purchase common stockF4 | $12.85 | holding | — | — | — | Mar 2, 2019 | Mar 2, 2026 | Common Stock | 27,664 | 27,664 | D |
| Employee stock option to purchase common stockF5 | $27.40 | holding | — | — | — | Mar 1, 2020 | Mar 1, 2027 | Common Stock | 10,230 | 10,230 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.99 to $24.99, inclusive. The reporting person undertakes to provide to SPX Corporation, any security holder of SPX Corporation, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F2Includes unvested restricted stock units.
- F3Vests as to 100% of the shares on the third anniversary of the grant date.
- F4Vests in three equal installments beginning on March 2, 2017.
- F5Vests in three equal installments beginning on March 1, 2018.