Filing Details
- Accession Number:
- 0001415889-24-006379
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-03-04 18:09:24
- Reporting Period:
- 2024-02-29
- Accepted Time:
- 2024-03-04 18:09:24
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 88205 | Spx Technologies Inc. | SPXC | Metalworkg Machinery & Equipment (3540) | 381016240 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1629083 | Iii Joseph Eugene Lowe | C/O Spx Technologies, Inc. 6325 Ardrey Kell Road, Suite 400 Charlotte NC 28277 | President And Ceo | No | No | 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 | 2024-02-29 | 100,000 | $12.36 | 587,660 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2024-02-29 | 28,000 | $21.16 | 615,660 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-02-29 | 26,417 | $115.32 | 589,243 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2024-02-29 | 81,557 | $116.23 | 507,686 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2024-02-29 | 20,026 | $116.90 | 487,660 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2024-03-01 | 119,548 | $12.36 | 607,208 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2024-03-01 | 17,776 | $21.16 | 624,984 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-03-01 | 20,498 | $115.21 | 604,486 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2024-03-01 | 6,294 | $116.30 | 598,192 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2024-03-01 | 256 | $117.01 | 597,936 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2024-03-01 | 9,016 | $117.19 | 588,920 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2024-03-04 | 113,125 | $12.36 | 702,045 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2024-03-04 | 5,447 | $114.57 | 696,598 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2024-03-04 | 25,216 | $115.41 | 671,382 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2024-03-04 | 4,337 | $115.88 | 667,045 | 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 | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | 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 | 2024-02-29 | 100,000 | $0.00 | 100,000 | $12.36 |
| Common Stock | Employee stock option to purchase common stock | Disposition | 2024-02-29 | 28,000 | $0.00 | 28,000 | $21.16 |
| Common Stock | Employee stock option to purchase common stock | Disposition | 2024-03-01 | 119,548 | $0.00 | 119,548 | $12.36 |
| Common Stock | Employee stock option to purchase common stock | Disposition | 2024-03-01 | 17,776 | $0.00 | 17,776 | $21.16 |
| Common Stock | Employee stock option to purchase common stock | Disposition | 2024-03-04 | 113,125 | $0.00 | 113,125 | $12.36 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 232,673 | 2018-10-13 | 2025-10-13 | No | 4 | M | Direct |
| 17,776 | 2018-01-02 | 2025-01-02 | No | 4 | M | Direct |
| 113,125 | 2018-10-13 | 2025-10-13 | No | 4 | M | Direct |
| 0 | 2018-01-02 | 2025-01-02 | No | 4 | M | Direct |
| 0 | 2018-10-13 | 2025-10-13 | No | 4 | M | Direct |
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 | 186,919 | 186,919 | Direct |
| Common Stock | Employee stock option to purchase common stock | $27.40 | 2020-03-01 | 2027-03-01 | 82,405 | 82,405 | Direct |
| Common Stock | Employee stock option to purchase common stock | $32.69 | 2021-02-22 | 2028-02-22 | 72,298 | 72,298 | Direct |
| Common Stock | Employee stock option to purchase common stock | $36.51 | 2022-02-21 | 2029-02-21 | 77,463 | 77,463 | Direct |
| Common Stock | Employee stock option to purchase common stock | $50.09 | 2023-02-20 | 2030-02-20 | 53,465 | 53,465 | Direct |
| Common Stock | Employee stock option to purchase common stock | $58.34 | 2024-03-01 | 2031-03-01 | 46,291 | 46,291 | Direct |
| Common Stock | Employee stock option to purchase common stock | $48.97 | 2025-03-01 | 2032-03-01 | 49,378 | 49,378 | Direct |
| Common Stock | Employee stock option to purchase common stock | $71.93 | 2026-03-01 | 2033-03-01 | 33,707 | 33,707 | Direct |
| Common Stock | Employee stock option to purchase common stock | $116.40 | 2027-02-28 | 2034-02-28 | 24,238 | 24,238 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2026-03-02 | 186,919 | 186,919 | Direct |
| 2027-03-01 | 82,405 | 82,405 | Direct |
| 2028-02-22 | 72,298 | 72,298 | Direct |
| 2029-02-21 | 77,463 | 77,463 | Direct |
| 2030-02-20 | 53,465 | 53,465 | Direct |
| 2031-03-01 | 46,291 | 46,291 | Direct |
| 2032-03-01 | 49,378 | 49,378 | Direct |
| 2033-03-01 | 33,707 | 33,707 | Direct |
| 2034-02-28 | 24,238 | 24,238 | Direct |
Footnotes
- Includes unvested restricted stock units.
- Reflects shares sold solely to cover exercise price and income tax obligations in connection with exercise of options.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $114.70 to $115.65, inclusive. The reporting person undertakes to provide to SPX Technologies, Inc., any security holder of SPX Technologies, Inc., 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.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $115.71 to $116.71, inclusive. The reporting person undertakes to provide to SPX Technologies, Inc., any security holder of SPX Technologies, Inc., 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.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.76 to $117.47, inclusive. The reporting person undertakes to provide to SPX Technologies, Inc., any security holder of SPX Technologies, Inc., 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..
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $114.84 to $115.83, inclusive. The reporting person undertakes to provide to SPX Technologies, Inc., any security holder of SPX Technologies, Inc., 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.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $115.87 to $116.86, inclusive. The reporting person undertakes to provide to SPX Technologies, Inc., any security holder of SPX Technologies, Inc., 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.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.92 to $117.07, inclusive. The reporting person undertakes to provide to SPX Technologies, Inc., any security holder of SPX Technologies, Inc., 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.
- Shares delivered to the issuer for the payment of withholding taxes due upon the vesting of restricted stock units previously granted under the SPX Corporation 2019 Stock Compensation Plan.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $113.80 to $114.79, inclusive. The reporting person undertakes to provide to SPX Technologies, Inc., any security holder of SPX Technologies, Inc., 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.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $114.81 to $115.81, inclusive. The reporting person undertakes to provide to SPX Technologies, Inc., any security holder of SPX Technologies, Inc., 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.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $115.82 to $116.09, inclusive. The reporting person undertakes to provide to SPX Technologies, Inc., any security holder of SPX Technologies, Inc., 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.
- Vests in three equal installments beginning on January 2, 2016.
- Vests in three equal installments beginning on March 2, 2017.
- (Vests in three equal installments beginning on March 2, 2017.
- Vests in three equal installments beginning on March 1, 2018.
- Vests in three equal installments beginning on February 22, 2019.
- Vests in three equal installments beginning on February 21, 2020.
- Vests in three equal installments beginning on February 20, 2021.
- Vests in three equal installments beginning on March 1, 2022.
- Vests in three equal installments beginning on March 1, 2023..
- Vests in three equal installments beginning on March 1, 2024.
- Vests in three equal installments beginning on February 28, 2025.
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