Filing Details

Accession Number:
0001179110-20-007129
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-06-09 16:14:28
Reporting Period:
2020-06-05
Accepted Time:
2020-06-09 16:14:28
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
1653288 Iii William John Swann C/O Spx Corporation
13320-A Ballantyne Corporate Place
Charlotte NC 28277
Pres., Heating And Location & 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 2020-06-05 15,825 $12.36 88,148 No 4 M Direct
Common Stock Disposition 2020-06-05 15,825 $47.42 72,323 No 4 S Direct
Common Stock Acquisiton 2020-06-08 400 $12.36 72,723 No 4 M Direct
Common Stock Disposition 2020-06-08 400 $47.30 72,323 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
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 2020-06-05 15,825 $0.00 15,825 $12.36
Common Stock Employee stock option to purchase common stock Disposition 2020-06-08 400 $0.00 400 $12.36
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
50,710 2018-10-13 2025-10-13 No 4 M Direct
50,310 2018-10-13 2025-10-13 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 3,329 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 31,776 31,776 Direct
Common Stock Employee stock option to purchase common stock $27.40 2020-03-01 2027-03-01 13,214 13,214 Direct
Common Stock Employee stock option to purchase common stock $32.69 2021-02-22 2028-02-22 12,361 12,361 Direct
Common Stock Employee stock option to purchase common stock $36.51 2022-02-21 2029-02-21 13,556 13,556 Direct
Common Stock Employee stock option to purchase common stock $50.09 2023-02-20 2030-02-20 10,552 10,552 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2026-03-02 31,776 31,776 Direct
2027-03-01 13,214 13,214 Direct
2028-02-22 12,361 12,361 Direct
2029-02-21 13,556 13,556 Direct
2030-02-20 10,552 10,552 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 13, 2019.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.01 to $47.96, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.18 to $47.58, 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.
  5. Vests as to 100% of the shares on the third anniversary of the grant date.
  6. Vests in three equal installments beginning on March 2, 2017.
  7. Vests in three equal installments beginning on March 1, 2018.
  8. Vests in three equal installments beginning on February 22, 2019.
  9. Vests in three equal installments beginning on February 21, 2020.
  10. Vests in three equal installments beginning on February 20, 2021.