Eugene Joseph Lowe III - 29 Feb 2024 Form 4 Insider Report for SPX Technologies, Inc. (SPXC)

Signature
/s/ John Nurkin, Attorney in Fact for Eugene Joseph Lowe III
Issuer symbol
SPXC
Transactions as of
29 Feb 2024
Net transactions value
-$18,003,279
Form type
4
Filing time
04 Mar 2024, 18:09:24 UTC
Previous filing
01 Mar 2024
Next filing
23 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPXC Common Stock Options Exercise $1,236,000 +100,000 +21% $12.36 587,660 29 Feb 2024 Direct F1
transaction SPXC Common Stock Options Exercise $592,480 +28,000 +4.8% $21.16 615,660 29 Feb 2024 Direct F1
transaction SPXC Common Stock Sale $3,046,408 -26,417 -4.3% $115.32 589,243 29 Feb 2024 Direct F1, F2, F3
transaction SPXC Common Stock Sale $9,479,370 -81,557 -14% $116.23 507,686 29 Feb 2024 Direct F1, F2, F4
transaction SPXC Common Stock Sale $2,341,039 -20,026 -3.9% $116.90 487,660 29 Feb 2024 Direct F1, F2, F5
transaction SPXC Common Stock Options Exercise $1,477,613 +119,548 +25% $12.36 607,208 01 Mar 2024 Direct F1
transaction SPXC Common Stock Options Exercise $376,140 +17,776 +2.9% $21.16 624,984 01 Mar 2024 Direct F1
transaction SPXC Common Stock Sale $2,361,575 -20,498 -3.3% $115.21 604,486 01 Mar 2024 Direct F1, F2, F6
transaction SPXC Common Stock Sale $731,992 -6,294 -1% $116.30 598,192 01 Mar 2024 Direct F1, F2, F7
transaction SPXC Common Stock Sale $29,955 -256 -0.04% $117.01 597,936 01 Mar 2024 Direct F1, F2, F8
transaction SPXC Common Stock Tax liability $1,056,585 -9,016 -1.5% $117.19 588,920 01 Mar 2024 Direct F1, F9
transaction SPXC Common Stock Options Exercise $1,398,225 +113,125 +19% $12.36 702,045 04 Mar 2024 Direct F1
transaction SPXC Common Stock Sale $624,063 -5,447 -0.78% $114.57 696,598 04 Mar 2024 Direct F1, F2, F10
transaction SPXC Common Stock Sale $2,910,179 -25,216 -3.6% $115.41 671,382 04 Mar 2024 Direct F1, F2, F11
transaction SPXC Common Stock Sale $502,572 -4,337 -0.65% $115.88 667,045 04 Mar 2024 Direct F1, F2, F12

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 -100,000 -30% $0.000000 232,673 29 Feb 2024 Common Stock 100,000 $12.36 Direct F13
transaction SPXC Employee stock option to purchase common stock Options Exercise $0 -28,000 -61% $0.000000 17,776 29 Feb 2024 Common Stock 28,000 $21.16 Direct F14
transaction SPXC Employee stock option to purchase common stock Options Exercise $0 -119,548 -51% $0.000000 113,125 01 Mar 2024 Common Stock 119,548 $12.36 Direct F13
transaction SPXC Employee stock option to purchase common stock Options Exercise $0 -17,776 -100% $0.000000* 0 01 Mar 2024 Common Stock 17,776 $21.16 Direct F14
transaction SPXC Employee stock option to purchase common stock Options Exercise $0 -113,125 -100% $0.000000* 0 04 Mar 2024 Common Stock 113,125 $12.36 Direct F13
holding SPXC Employee stock option to purchase common stock 186,919 29 Feb 2024 Common Stock 186,919 $12.85 Direct F15
holding SPXC Employee stock option to purchase common stock 82,405 29 Feb 2024 Common Stock 82,405 $27.40 Direct F16
holding SPXC Employee stock option to purchase common stock 72,298 29 Feb 2024 Common Stock 72,298 $32.69 Direct F17
holding SPXC Employee stock option to purchase common stock 77,463 29 Feb 2024 Common Stock 77,463 $36.51 Direct F18
holding SPXC Employee stock option to purchase common stock 53,465 29 Feb 2024 Common Stock 53,465 $50.09 Direct F19
holding SPXC Employee stock option to purchase common stock 46,291 29 Feb 2024 Common Stock 46,291 $58.34 Direct F20
holding SPXC Employee stock option to purchase common stock 49,378 29 Feb 2024 Common Stock 49,378 $48.97 Direct F21
holding SPXC Employee stock option to purchase common stock 33,707 29 Feb 2024 Common Stock 33,707 $71.93 Direct F22
holding SPXC Employee stock option to purchase common stock 24,238 29 Feb 2024 Common Stock 24,238 $116.40 Direct F23
* 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 Reflects shares sold solely to cover exercise price and income tax obligations in connection with exercise of options.
F3 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.
F4 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.
F5 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..
F6 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.
F7 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.
F8 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.
F9 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.
F10 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.
F11 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.
F12 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.
F13 Vests in three equal installments beginning on January 2, 2016.
F14 Vests in three equal installments beginning on March 2, 2017.
F15 (Vests in three equal installments beginning on March 2, 2017.
F16 Vests in three equal installments beginning on March 1, 2018.
F17 Vests in three equal installments beginning on February 22, 2019.
F18 Vests in three equal installments beginning on February 21, 2020.
F19 Vests in three equal installments beginning on February 20, 2021.
F20 Vests in three equal installments beginning on March 1, 2022.
F21 Vests in three equal installments beginning on March 1, 2023..
F22 Vests in three equal installments beginning on March 1, 2024.
F23 Vests in three equal installments beginning on February 28, 2025.