0001415889-24-006379.txt : 20240304 0001415889-24-006379.hdr.sgml : 20240304 20240304180924 ACCESSION NUMBER: 0001415889-24-006379 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240229 FILED AS OF DATE: 20240304 DATE AS OF CHANGE: 20240304 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Lowe Eugene Joseph III CENTRAL INDEX KEY: 0001629083 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-06948 FILM NUMBER: 24716979 MAIL ADDRESS: STREET 1: 13320 BALLANTYNE CORPORATE PLACE CITY: CHARLOTTE STATE: NC ZIP: 28277 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SPX Technologies, Inc. CENTRAL INDEX KEY: 0000088205 STANDARD INDUSTRIAL CLASSIFICATION: METALWORKING MACHINERY & EQUIPMENT [3540] ORGANIZATION NAME: 06 Technology IRS NUMBER: 381016240 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 6325 ARDREY KELL ROAD STREET 2: SUITE 400 CITY: CHARLOTTE STATE: NC ZIP: 28277 BUSINESS PHONE: 980-474-3700 MAIL ADDRESS: STREET 1: 6325 ARDREY KELL ROAD STREET 2: SUITE 400 CITY: CHARLOTTE STATE: NC ZIP: 28277 FORMER COMPANY: FORMER CONFORMED NAME: SPX CORP DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: SEALED POWER CORP DATE OF NAME CHANGE: 19880515 4 1 form4-03042024_110316.xml X0508 4 2024-02-29 0000088205 SPX Technologies, Inc. SPXC 0001629083 Lowe Eugene Joseph III C/O SPX TECHNOLOGIES, INC. 6325 ARDREY KELL ROAD, SUITE 400 CHARLOTTE NC 28277 true true false false PRESIDENT AND CEO 0 Common Stock 2024-02-29 4 M 0 100000 12.36 A 587660 D Common Stock 2024-02-29 4 M 0 28000 21.16 A 615660 D Common Stock 2024-02-29 4 S 0 26417 115.32 D 589243 D Common Stock 2024-02-29 4 S 0 81557 116.23 D 507686 D Common Stock 2024-02-29 4 S 0 20026 116.90 D 487660 D Common Stock 2024-03-01 4 M 0 119548 12.36 A 607208 D Common Stock 2024-03-01 4 M 0 17776 21.16 A 624984 D Common Stock 2024-03-01 4 S 0 20498 115.21 D 604486 D Common Stock 2024-03-01 4 S 0 6294 116.30 D 598192 D Common Stock 2024-03-01 4 S 0 256 117.01 D 597936 D Common Stock 2024-03-01 4 F 0 9016 117.19 D 588920 D Common Stock 2024-03-04 4 M 0 113125 12.36 A 702045 D Common Stock 2024-03-04 4 S 0 5447 114.57 D 696598 D Common Stock 2024-03-04 4 S 0 25216 115.41 D 671382 D Common Stock 2024-03-04 4 S 0 4337 115.88 D 667045 D Employee stock option to purchase common stock 12.36 2024-02-29 4 M 0 100000 0 D 2018-10-13 2025-10-13 Common Stock 100000 232673 D Employee stock option to purchase common stock 21.16 2024-02-29 4 M 0 28000 0 D 2018-01-02 2025-01-02 Common Stock 28000 17776 D Employee stock option to purchase common stock 12.36 2024-03-01 4 M 0 119548 0 D 2018-10-13 2025-10-13 Common Stock 119548 113125 D Employee stock option to purchase common stock 21.16 2024-03-01 4 M 0 17776 0 D 2018-01-02 2025-01-02 Common Stock 17776 0 D Employee stock option to purchase common stock 12.36 2024-03-04 4 M 0 113125 0 D 2018-10-13 2025-10-13 Common Stock 113125 0 D Employee stock option to purchase common stock 12.85 2019-03-02 2026-03-02 Common Stock 186919 186919 D Employee stock option to purchase common stock 27.40 2020-03-01 2027-03-01 Common Stock 82405 82405 D Employee stock option to purchase common stock 32.69 2021-02-22 2028-02-22 Common Stock 72298 72298 D Employee stock option to purchase common stock 36.51 2022-02-21 2029-02-21 Common Stock 77463 77463 D Employee stock option to purchase common stock 50.09 2023-02-20 2030-02-20 Common Stock 53465 53465 D Employee stock option to purchase common stock 58.34 2024-03-01 2031-03-01 Common Stock 46291 46291 D Employee stock option to purchase common stock 48.97 2025-03-01 2032-03-01 Common Stock 49378 49378 D Employee stock option to purchase common stock 71.93 2026-03-01 2033-03-01 Common Stock 33707 33707 D Employee stock option to purchase common stock 116.40 2027-02-28 2034-02-28 Common Stock 24238 24238 D Includes unvested restricted stock units. Reflects shares sold solely to cover exercise price and income tax obligations in connection with exercise of options. 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. 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. 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.. 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. 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. 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. 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. 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. 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. 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. Vests in three equal installments beginning on January 2, 2016. Vests in three equal installments beginning on March 2, 2017. (Vests in three equal installments beginning on March 2, 2017. Vests in three equal installments beginning on March 1, 2018. Vests in three equal installments beginning on February 22, 2019. Vests in three equal installments beginning on February 21, 2020. Vests in three equal installments beginning on February 20, 2021. Vests in three equal installments beginning on March 1, 2022. Vests in three equal installments beginning on March 1, 2023.. Vests in three equal installments beginning on March 1, 2024. Vests in three equal installments beginning on February 28, 2025. /s/ John Nurkin, Attorney in Fact for Eugene Joseph Lowe III 2024-03-04