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Nurkin John Webster – ‘4’ for 3/3/20 re: SPX Corp.

On:  Thursday, 3/5/20, at 4:17pm ET   ·   For:  3/3/20   ·   Accession #:  1179110-20-3155   ·   File #:  1-06948

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/05/20  Nurkin John Webster               4                      1:12K  SPX Corp.                         Section16 Direct/FA

Statement of Changes in Beneficial Ownership of Securities by an Insider   —   Form 4   —   SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 4           Statement of Changes in Beneficial Ownership of     HTML      3K 
                Securities by an Insider -- edgar.xml/3.6                        




        

This ‘4’ Document is an XML Data File that may be rendered in various formats:

  Form 4    –   Plain Text   –  SEC Website  –  EDGAR System  –    XML Data    –  <?xml?> File
 

 
XML Data rendering:  Statement of Changes in Beneficial Ownership of Securities by an Insider
 
                                                                                                                                                                                
<?xml version="1.0" encoding="windows-1252"?>
<ownershipDocument>
<schemaVersion> X0306 </schemaVersion>
<documentType> 4 </documentType>
<periodOfReport> 2020-03-03 </periodOfReport>
<notSubjectToSection16> 0 </notSubjectToSection16>
<issuer>
<issuerCik> 0000088205 </issuerCik>
<issuerName> SPX CORP </issuerName>
<issuerTradingSymbol> SPXC </issuerTradingSymbol>
</issuer>
<reportingOwner>
<reportingOwnerId>
<rptOwnerCik> 0001653219 </rptOwnerCik>
<rptOwnerName> Nurkin John Webster </rptOwnerName>
</reportingOwnerId>
<reportingOwnerAddress>
<rptOwnerStreet1> C/O SPX CORPORATION </rptOwnerStreet1>
<rptOwnerStreet2> 13320-A BALLANTYNE CORPORATE PLACE </rptOwnerStreet2>
<rptOwnerCity> CHARLOTTE </rptOwnerCity>
<rptOwnerState> NC </rptOwnerState>
<rptOwnerZipCode> 28277 </rptOwnerZipCode>
<rptOwnerStateDescription></rptOwnerStateDescription>
</reportingOwnerAddress>
<reportingOwnerRelationship>
<isDirector> 0 </isDirector>
<isOfficer> 1 </isOfficer>
<isTenPercentOwner> 0 </isTenPercentOwner>
<isOther> 0 </isOther>
<officerTitle> VP, Gen. Counsel & Secretary </officerTitle>
<otherText></otherText>
</reportingOwnerRelationship>
</reportingOwner>
<nonDerivativeTable>
<nonDerivativeTransaction>
<securityTitle>
<value> Common Stock </value>
</securityTitle>
<transactionDate>
<value> 2020-03-03 </value>
</transactionDate>
<transactionCoding>
<transactionFormType> 4 </transactionFormType>
<transactionCode> M </transactionCode>
<equitySwapInvolved> 0 </equitySwapInvolved>
</transactionCoding>
<transactionAmounts>
<transactionShares>
<value> 18408 </value>
</transactionShares>
<transactionPricePerShare>
<value> 12.36 </value>
</transactionPricePerShare>
<transactionAcquiredDisposedCode>
<value> A </value>
</transactionAcquiredDisposedCode>
</transactionAmounts>
<postTransactionAmounts>
<sharesOwnedFollowingTransaction>
<value> 86781 </value>
<footnoteId id="F1"/>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature>
<directOrIndirectOwnership>
<value> D </value>
</directOrIndirectOwnership>
</ownershipNature>
</nonDerivativeTransaction>
<nonDerivativeTransaction>
<securityTitle>
<value> Common Stock </value>
</securityTitle>
<transactionDate>
<value> 2020-03-03 </value>
</transactionDate>
<transactionCoding>
<transactionFormType> 4 </transactionFormType>
<transactionCode> S </transactionCode>
<equitySwapInvolved> 0 </equitySwapInvolved>
<footnoteId id="F2"/>
</transactionCoding>
<transactionAmounts>
<transactionShares>
<value> 18408 </value>
</transactionShares>
<transactionPricePerShare>
<value> 44.29 </value>
<footnoteId id="F3"/>
</transactionPricePerShare>
<transactionAcquiredDisposedCode>
<value> D </value>
</transactionAcquiredDisposedCode>
</transactionAmounts>
<postTransactionAmounts>
<sharesOwnedFollowingTransaction>
<value> 68373 </value>
<footnoteId id="F1"/>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature>
<directOrIndirectOwnership>
<value> D </value>
</directOrIndirectOwnership>
</ownershipNature>
</nonDerivativeTransaction>
<nonDerivativeHolding>
<securityTitle>
<value> Common Stock </value>
</securityTitle>
<postTransactionAmounts>
<sharesOwnedFollowingTransaction>
<value> 21636 </value>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature>
<directOrIndirectOwnership>
<value> I </value>
</directOrIndirectOwnership>
<natureOfOwnership>
<value> 401(k) Plan </value>
</natureOfOwnership>
</ownershipNature>
</nonDerivativeHolding>
</nonDerivativeTable>
<derivativeTable>
<derivativeTransaction>
<securityTitle>
<value> Employee stock option to purchase common stock </value>
</securityTitle>
<conversionOrExercisePrice>
<value> 12.36 </value>
</conversionOrExercisePrice>
<transactionDate>
<value> 2020-03-03 </value>
</transactionDate>
<transactionCoding>
<transactionFormType> 4 </transactionFormType>
<transactionCode> M </transactionCode>
<equitySwapInvolved> 0 </equitySwapInvolved>
</transactionCoding>
<transactionAmounts>
<transactionShares>
<value> 18408 </value>
</transactionShares>
<transactionPricePerShare>
<value> 0 </value>
</transactionPricePerShare>
<transactionAcquiredDisposedCode>
<value> D </value>
</transactionAcquiredDisposedCode>
</transactionAmounts>
<exerciseDate>
<value> 2018-10-13 </value>
<footnoteId id="F4"/>
</exerciseDate>
<expirationDate>
<value> 2025-10-13 </value>
</expirationDate>
<underlyingSecurity>
<underlyingSecurityTitle>
<value> Common Stock </value>
</underlyingSecurityTitle>
<underlyingSecurityShares>
<value> 18408 </value>
</underlyingSecurityShares>
</underlyingSecurity>
<postTransactionAmounts>
<sharesOwnedFollowingTransaction>
<value> 36816 </value>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature>
<directOrIndirectOwnership>
<value> D </value>
</directOrIndirectOwnership>
</ownershipNature>
</derivativeTransaction>
<derivativeHolding>
<securityTitle>
<value> Employee stock option to purchase common stock </value>
</securityTitle>
<conversionOrExercisePrice>
<value> 12.85 </value>
</conversionOrExercisePrice>
<exerciseDate>
<value> 2019-03-02 </value>
<footnoteId id="F5"/>
</exerciseDate>
<expirationDate>
<value> 2026-03-02 </value>
</expirationDate>
<underlyingSecurity>
<underlyingSecurityTitle>
<value> Common Stock </value>
</underlyingSecurityTitle>
<underlyingSecurityShares>
<value> 31028 </value>
</underlyingSecurityShares>
</underlyingSecurity>
<postTransactionAmounts>
<sharesOwnedFollowingTransaction>
<value> 31028 </value>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature>
<directOrIndirectOwnership>
<value> D </value>
</directOrIndirectOwnership>
</ownershipNature>
</derivativeHolding>
<derivativeHolding>
<securityTitle>
<value> Employee stock option to purchase common stock </value>
</securityTitle>
<conversionOrExercisePrice>
<value> 27.40 </value>
</conversionOrExercisePrice>
<exerciseDate>
<value> 2020-03-01 </value>
<footnoteId id="F6"/>
</exerciseDate>
<expirationDate>
<value> 2027-03-01 </value>
</expirationDate>
<underlyingSecurity>
<underlyingSecurityTitle>
<value> Common Stock </value>
</underlyingSecurityTitle>
<underlyingSecurityShares>
<value> 13498 </value>
</underlyingSecurityShares>
</underlyingSecurity>
<postTransactionAmounts>
<sharesOwnedFollowingTransaction>
<value> 13498 </value>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature>
<directOrIndirectOwnership>
<value> D </value>
</directOrIndirectOwnership>
</ownershipNature>
</derivativeHolding>
<derivativeHolding>
<securityTitle>
<value> Employee stock option to purchase common stock </value>
</securityTitle>
<conversionOrExercisePrice>
<value> 32.69 </value>
</conversionOrExercisePrice>
<exerciseDate>
<value> 2021-02-22 </value>
<footnoteId id="F7"/>
</exerciseDate>
<expirationDate>
<value> 2028-02-22 </value>
</expirationDate>
<underlyingSecurity>
<underlyingSecurityTitle>
<value> Common Stock </value>
</underlyingSecurityTitle>
<underlyingSecurityShares>
<value> 11778 </value>
</underlyingSecurityShares>
</underlyingSecurity>
<postTransactionAmounts>
<sharesOwnedFollowingTransaction>
<value> 11778 </value>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature>
<directOrIndirectOwnership>
<value> D </value>
</directOrIndirectOwnership>
</ownershipNature>
</derivativeHolding>
<derivativeHolding>
<securityTitle>
<value> Employee stock option to purchase common stock </value>
</securityTitle>
<conversionOrExercisePrice>
<value> 36.51 </value>
</conversionOrExercisePrice>
<exerciseDate>
<value> 2022-02-21 </value>
<footnoteId id="F8"/>
</exerciseDate>
<expirationDate>
<value> 2029-02-21 </value>
</expirationDate>
<underlyingSecurity>
<underlyingSecurityTitle>
<value> Common Stock </value>
</underlyingSecurityTitle>
<underlyingSecurityShares>
<value> 11189 </value>
</underlyingSecurityShares>
</underlyingSecurity>
<postTransactionAmounts>
<sharesOwnedFollowingTransaction>
<value> 11189 </value>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature>
<directOrIndirectOwnership>
<value> D </value>
</directOrIndirectOwnership>
</ownershipNature>
</derivativeHolding>
<derivativeHolding>
<securityTitle>
<value> Employee stock option to purchase common stock </value>
</securityTitle>
<conversionOrExercisePrice>
<value> 50.09 </value>
</conversionOrExercisePrice>
<exerciseDate>
<value> 2023-02-20 </value>
<footnoteId id="F9"/>
</exerciseDate>
<expirationDate>
<value> 2030-02-20 </value>
</expirationDate>
<underlyingSecurity>
<underlyingSecurityTitle>
<value> Common Stock </value>
</underlyingSecurityTitle>
<underlyingSecurityShares>
<value> 7527 </value>
</underlyingSecurityShares>
</underlyingSecurity>
<postTransactionAmounts>
<sharesOwnedFollowingTransaction>
<value> 7527 </value>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature>
<directOrIndirectOwnership>
<value> D </value>
</directOrIndirectOwnership>
</ownershipNature>
</derivativeHolding>
</derivativeTable>
<footnotes>
<footnote id="F1"> Includes unvested restricted stock units. </footnote>
<footnote id="F2"> The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 5, 2019. </footnote>
<footnote id="F3"> The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $43.38 to $45.93, inclusive. The reporting person undertakes to provide to SPX Corporation, any security holder of 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. </footnote>
<footnote id="F4"> Vests as to 100% of the shares on the third anniversary of the grant date. </footnote>
<footnote id="F5"> Vests in three equal installments beginning on March 2, 2017 </footnote>
<footnote id="F6"> Vests in three equal installments beginning on March 1, 2018. </footnote>
<footnote id="F7"> Vests in three equal installments beginning on February 22, 2019. </footnote>
<footnote id="F8"> Vests in three equal installments beginning on February 21, 2020. </footnote>
<footnote id="F9"> Vests in three equal installments beginning on February 20, 2021. </footnote>
</footnotes>
<ownerSignature>
<signatureName> /s/ John Webster Nurkin </signatureName>
<signatureDate> 2020-03-05 </signatureDate>
</ownerSignature>
</ownershipDocument>


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Filing Submission 0001179110-20-003155   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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