John William Swann III - Mar 20, 2024 Form 4 Insider Report for SPX Technologies, Inc. (SPXC)

Role
PRES., DETECTION & MEASUREMENT
Signature
/s/ John Nurkin, Attorney in Fact for John William Swann, III
Stock symbol
SPXC
Transactions as of
Mar 20, 2024
Transactions value $
-$2,902,768
Form type
4
Date filed
3/22/2024, 04:15 PM
Previous filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPXC Common Stock Options Exercise $404K +12.4K +13.84% $32.69 102K Mar 20, 2024 Direct F1
transaction SPXC Common Stock Options Exercise $495K +13.6K +13.34% $36.51 115K Mar 20, 2024 Direct F1
transaction SPXC Common Stock Sale -$2.5M -21.3K -18.49% $117.41 93.9K Mar 20, 2024 Direct F1, F2
transaction SPXC Common Stock Sale -$1.3M -11K -11.73% $118.00 82.9K Mar 20, 2024 Direct F1, F3
holding SPXC Common Stock 4.11K Mar 20, 2024 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
transaction SPXC Employee stock option to purchase common stock Options Exercise $0 -12.4K -100% $0.00* 0 Mar 20, 2024 Common Stock 12.4K $32.69 Direct F4
transaction SPXC Employee stock option to purchase common stock Options Exercise $0 -13.6K -100% $0.00* 0 Mar 20, 2024 Common Stock 13.6K $36.51 Direct F5
holding SPXC Employee stock option to purchase common stock 10.6K Mar 20, 2024 Common Stock 10.6K $50.09 Direct F6
holding SPXC Employee stock option to purchase common stock 8.1K Mar 20, 2024 Common Stock 8.1K $58.34 Direct F7
holding SPXC Employee stock option to purchase common stock 8.64K Mar 20, 2024 Common Stock 8.64K $48.97 Direct F8
holding SPXC Employee stock option to purchase common stock 5.95K Mar 20, 2024 Common Stock 5.95K $71.93 Direct F9
holding SPXC Employee stock option to purchase common stock 4.22K Mar 20, 2024 Common Stock 4.22K $116.40 Direct F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes unvested restricted stock units.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.91 to $117.91, 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.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $117.92 to $118.18, 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.
F4 Vests in three equal installments beginning on February 22, 2019.
F5 Vests in three equal installments beginning on February 21, 2020.
F6 Vests in three equal installments beginning on February 20, 2021.
F7 Vests in three equal installments beginning on March 1, 2022.
F8 Vests in three equal installments beginning on March 1, 2023.
F9 Vests in three equal installments beginning on March 1, 2024.
F10 Vests in three equal installments beginning on February 28, 2025.