Filing Details

Accession Number:
0001179110-20-003155
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-03-05 16:17:50
Reporting Period:
2020-03-03
Accepted Time:
2020-03-05 16:17:50
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
88205 Spx Corp SPXC Metalworkg Machinery & Equipment (3540) 381016240
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1653219 Webster John Nurkin C/O Spx Corporation
13320-A Ballantyne Corporate Place
Charlotte NC 28277
Vp, Gen. Counsel & Secretary No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2020-03-03 18,408 $12.36 86,781 No 4 M Direct
Common Stock Disposition 2020-03-03 18,408 $44.29 68,373 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee stock option to purchase common stock Disposition 2020-03-03 18,408 $0.00 18,408 $12.36
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
36,816 2018-10-13 2025-10-13 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 21,636 Indirect 401(k) Plan
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Employee stock option to purchase common stock $12.85 2019-03-02 2026-03-02 31,028 31,028 Direct
Common Stock Employee stock option to purchase common stock $27.40 2020-03-01 2027-03-01 13,498 13,498 Direct
Common Stock Employee stock option to purchase common stock $32.69 2021-02-22 2028-02-22 11,778 11,778 Direct
Common Stock Employee stock option to purchase common stock $36.51 2022-02-21 2029-02-21 11,189 11,189 Direct
Common Stock Employee stock option to purchase common stock $50.09 2023-02-20 2030-02-20 7,527 7,527 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2026-03-02 31,028 31,028 Direct
2027-03-01 13,498 13,498 Direct
2028-02-22 11,778 11,778 Direct
2029-02-21 11,189 11,189 Direct
2030-02-20 7,527 7,527 Direct
Footnotes
  1. Includes unvested restricted stock units.
  2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 5, 2019.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.38 to $45.93, 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.
  4. Vests as to 100% of the shares on the third anniversary of the grant date.
  5. Vests in three equal installments beginning on March 2, 2017
  6. Vests in three equal installments beginning on March 1, 2018.
  7. Vests in three equal installments beginning on February 22, 2019.
  8. Vests in three equal installments beginning on February 21, 2020.
  9. Vests in three equal installments beginning on February 20, 2021.