Ankush Kumar - Feb 21, 2022 Form 4 Insider Report for SPX CORP (SPXC)

Role
President, SPX Global Cooling
Signature
John Nurkin, Attorney in Fact for Ankush Kumar
Stock symbol
SPXC
Transactions as of
Feb 21, 2022
Transactions value $
-$76,195
Form type
4
Date filed
2/23/2022, 03:55 PM
Previous filing
Aug 3, 2021
Next filing
Feb 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPXC Common Stock Award +951 +6.79% 14.9K Feb 21, 2022 Direct F1, F3
transaction SPXC Common Stock Tax liability -$62.6K -1.2K -8.06% $52.01 13.7K Feb 22, 2022 Direct F2, F3
transaction SPXC Common Stock Tax liability -$6.81K -131 -0.95% $52.01 13.6K Feb 22, 2022 Direct F2, F3
transaction SPXC Common Stock Tax liability -$6.76K -130 -0.96% $52.01 13.5K Feb 22, 2022 Direct F2, F3
holding SPXC Common Stock 304 Feb 21, 2022 401(k) Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding SPXC Employee stock option to purchase common stock 3.66K Feb 21, 2022 Common Stock 3.66K $36.51 Direct F4
holding SPXC Employee stock option to purchase common stock 3.87K Feb 21, 2022 Common Stock 3.87K $50.09 Direct F5
holding SPXC Employee stock option to purchase common stock 5.5K Feb 21, 2022 Common Stock 5.5K $58.34 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of shares under the SPX Corporation 2019 Stock Compensation Plan for achievement of performance for the 2019-2021 performance period.
F2 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.
F3 Includes unvested restricted stock units.
F4 Vests in three equal installments beginning on February 21, 2020.
F5 Vests in three equal installments beginning on February 20, 2021.
F6 Vests in three equal installments beginning on March 1, 2022.