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Ownership Document |
Schema Version: X0508 |
Document Type: 4 |
Period of Report: 3/1/24 |
Issuer: |
| Issuer CIK: 88205 |
| Issuer Name: SPX Technologies, Inc. |
| Issuer Trading Symbol: SPXC |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1653219 |
| | Owner Name: Nurkin John Webster |
| Reporting Owner Address: |
| | Owner Street 1: C/O SPX TECHNOLOGIES, INC. |
| | Owner Street 2: 6325 ARDREY KELL ROAD, SUITE 400 |
| | Owner City: CHARLOTTE |
| | Owner State: NC |
| | Owner ZIP Code: 28277 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: VP, GEN. COUNSEL & SECRETARY |
| | Other Text: |
Aff 10b5 One: 0 |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 3/1/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: F |
| | | Equity Swap Involved? No |
| | | Footnote ID: F1 |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 1,115 |
| | | Transaction Price Per Share: |
| Value: 117.19 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 80,618 |
| Footnote ID: F2 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| | | Nature of Ownership: |
| Value: |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Common Stock |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 21,968 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: 401 (k) Plan |
Derivative Table: |
| Derivative Holding: |
| | Security Title: |
| | | Value: Employee stock option to purchase common stock |
| | Conversion or Exercise Price: |
| | | Value: 32.69 |
| | Exercise Date: |
| | | Value: 2/22/21 |
| | | Footnote ID: F3 |
| | Expiration Date: |
| | | Value: 2/22/28 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 11,778 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 11,778 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| | | Nature of Ownership: |
| Value: |
| Derivative Holding: |
| | Security Title: |
| | | Value: Employee stock option to purchase common stock |
| | Conversion or Exercise Price: |
| | | Value: 36.51 |
| | Exercise Date: |
| | | Value: 2/21/22 |
| | | Footnote ID: F4 |
| | Expiration Date: |
| | | Value: 2/21/29 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 11,189 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 11,189 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| | | Nature of Ownership: |
| Value: |
| Derivative Holding: |
| | Security Title: |
| | | Value: Employee stock option to purchase common stock |
| | Conversion or Exercise Price: |
| | | Value: 50.09 |
| | Exercise Date: |
| | | Value: 2/20/23 |
| | | Footnote ID: F5 |
| | Expiration Date: |
| | | Value: 2/20/30 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 7,527 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 7,527 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| | | Nature of Ownership: |
| Value: |
| Derivative Holding: |
| | Security Title: |
| | | Value: Employee stock option to purchase common stock |
| | Conversion or Exercise Price: |
| | | Value: 58.34 |
| | Exercise Date: |
| | | Value: 3/1/24 |
| | | Footnote ID: F6 |
| | Expiration Date: |
| | | Value: 3/1/31 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 6,365 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 6,365 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| | | Nature of Ownership: |
| Value: |
| Derivative Holding: |
| | Security Title: |
| | | Value: Employee stock option to purchase common stock |
| | Conversion or Exercise Price: |
| | | Value: 48.97 |
| | Exercise Date: |
| | | Value: 3/1/25 |
| | | Footnote ID: F7 |
| | Expiration Date: |
| | | Value: 3/1/32 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 6,789 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 6,789 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| | | Nature of Ownership: |
| Value: |
| Derivative Holding: |
| | Security Title: |
| | | Value: Employee stock option to purchase common stock |
| | Conversion or Exercise Price: |
| | | Value: 71.93 |
| | Exercise Date: |
| | | Value: 3/1/26 |
| | | Footnote ID: F8 |
| | Expiration Date: |
| | | Value: 3/1/33 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 5,671 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 5,671 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| | | Nature of Ownership: |
| Value: |
Footnotes: |
| Footnote - F1: Shares delivered to the issuer for the payment of withholding taxes due upon the vesting of restricted stock units previously granted under the SPX 2019 Stock Compensation Plan. |
| Footnote - F2: Includes unvested restricted stock units. |
| Footnote - F3: Vests in three equal installments beginning on February 22, 2019. |
| Footnote - F4: Vests in three equal installments beginning on February 21, 2020. |
| Footnote - F5: Vests in three equal installments beginning on February 20, 2021. |
| Footnote - F6: Vests in three equal installments beginning on March 1, 2022. |
| Footnote - F7: Vests in three equal installments beginning on March 1, 2023. |
| Footnote - F8: Vests in three equal installments beginning on March 1, 2024. |
Owner Signature: |
| Signature Name: /s/ John Nurkin |
| Signature Date: 3/5/24 |