SEC Form 4 · accession 0001179110-18-010513
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
Aug 8, 2018
Accepted (ET)
Aug 10, 2018 · 5:16 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 | Aug 8, 2018 | M | 18,442 | $12.85 | A | 71,759 | D | |
| Common StockF1 | Aug 8, 2018 | M | 3,410 | $27.40 | A | 75,169 | D | |
| Common StockF2,F1 | Aug 8, 2018 | S | 21,852 | $35.82 | D | 53,317 | D | |
| Common Stock | holding | — | — | — | 427 | 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 | $12.85 | Aug 8, 2018 | M | 18,442 | D | Mar 2, 2019 | Mar 2, 2026 | Common Stock | 18,442 | 9,222 | D |
| Employee stock option to purchase common stockF4 | $27.40 | Aug 8, 2018 | M | 3,410 | D | Mar 1, 2020 | Mar 1, 2027 | Common Stock | 3,410 | 6,820 | D |
| Employee stock option to purchase common stockF5 | $12.36 | holding | — | — | — | Oct 13, 2018 | Oct 13, 2025 | Common Stock | 33,267 | 33,267 | D |
| Employee stock option to purchase common stockF6 | $32.69 | holding | — | — | — | Feb 22, 2021 | Feb 22, 2028 | Common Stock | 9,329 | 9,329 | D |
Explanation of responses
- F1Includes unvested restricted stock units.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.76 to $36.01, 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.
- F3Vests in three equal installments beginning on March 2, 2017.
- F4Vests in three equal installments beginning on March 1, 2018.
- F5Vests as to 100% of the shares on the third anniversary of the grant date.
- F6Vests in three equal installments beginning on February 22, 2019.