SEC Form 4 · accession 0001179110-18-003619
SPX Technologies, Inc. · SPXC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Webster Nurkin
Officer — VP, Gen. Counsel & Secretary
Period of report
Mar 2, 2018
Accepted (ET)
Mar 6, 2018 · 4:21 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 | Mar 2, 2018 | F | 1,026 | $30.81 | D | 80,422 | D | |
| Common Stock | holding | — | — | — | 3,517 | 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 | $12.36 | holding | — | — | — | Oct 13, 2018 | Oct 13, 2025 | Common Stock | 55,224 | 55,224 | D |
| Employee stock option to purchase common stockF4 | $12.85 | holding | — | — | — | Mar 2, 2019 | Mar 2, 2026 | Common Stock | 31,028 | 31,028 | D |
| Employee stock option to purchase common stockF5 | $27.40 | holding | — | — | — | Mar 1, 2020 | Mar 1, 2027 | Common Stock | 13,498 | 13,498 | D |
| Employee stock option to purchase common stockF6 | $32.69 | holding | — | — | — | Feb 22, 2021 | Feb 22, 2028 | Common Stock | 11,778 | 11,778 | D |
Explanation of responses
- F1Shares delivered to the issuer for the payment of withholding taxes due upon the vesting of restricted stock units 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.
- F4Vests in three equal installments beginning on March 2, 2017.
- F5Vests in three equal installments beginning on March 1, 2018.
- F6Vests in three equal installments beginning on February 22, 2019.