Filing Details

Accession Number:
0001179110-22-003440
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-06-28 16:15:37
Reporting Period:
2022-06-24
Accepted Time:
2022-06-28 16:15:37
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
6325 Ardrey Kell Road, Suite 400
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 2022-06-24 3,062 $12.36 86,534 No 4 M Direct
Common Stock Acquisiton 2022-06-24 9,360 $27.40 95,894 No 4 M Direct
Common Stock Disposition 2022-06-24 12,422 $55.10 83,472 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M 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 2022-06-24 3,062 $0.00 3,062 $12.36
Common Stock Employee stock option to purchase common stock Disposition 2022-06-24 9,360 $0.00 9,360 $27.40
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
5,511 2018-10-13 2025-10-13 No 4 M Direct
3,854 2020-03-01 2027-03-01 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 3,848 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 $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
Common Stock Employee stock option to purchase common stock $58.34 2024-03-01 2031-03-01 8,101 8,101 Direct
Common Stock Employee stock option to purchase common stock $48.97 2025-03-01 2032-03-01 8,641 8,641 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2028-02-22 12,361 12,361 Direct
2029-02-21 13,556 13,556 Direct
2030-02-20 10,552 10,552 Direct
2031-03-01 8,101 8,101 Direct
2032-03-01 8,641 8,641 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 August 27, 2021.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices from $55.00 to $55.21, inclusive. The reporting person undertakes to provide to 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. Vested as to 100% of the shares on the third anniversary of the grant date.
  5. Vested in three equal installments beginning on March 1, 2018.
  6. Vested in three equal installments beginning on February 22, 2019.
  7. Vested in three equal installments beginning on February 21, 2020.
  8. Vests in three equal installments beginning on February 20, 2021.
  9. Vests in three equal installments beginning on March 1, 2022.
  10. Vests in three equal installments beginning on March 1, 2023.