-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, MQf1E0zGWHvFC6rcwWrUcoXx7dQ+k5/q6SKrmweHc26VtLMZTpSQ+O/XXTHVGJlB RHZPNbfP5JGvs/qFf/iJBA== 0001179110-08-012767.txt : 20080625 0001179110-08-012767.hdr.sgml : 20080625 20080625175431 ACCESSION NUMBER: 0001179110-08-012767 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080623 FILED AS OF DATE: 20080625 DATE AS OF CHANGE: 20080625 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: SPX CORP CENTRAL INDEX KEY: 0000088205 STANDARD INDUSTRIAL CLASSIFICATION: METALWORKING MACHINERY & EQUIPMENT [3540] IRS NUMBER: 381016240 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 13515 BALLANTYNE CORPORATE PLACE CITY: CHARLOTTE STATE: NC ZIP: 28277 BUSINESS PHONE: 704-752-4400 MAIL ADDRESS: STREET 1: 13515 BALLANTYNE CORPORATE PLACE CITY: CHARLOTTE STATE: NC ZIP: 28277 FORMER COMPANY: FORMER CONFORMED NAME: SEALED POWER CORP DATE OF NAME CHANGE: 19880515 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: COFFIN SARAH R CENTRAL INDEX KEY: 0001248033 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-06948 FILM NUMBER: 08917495 MAIL ADDRESS: STREET 1: 31515 BALLANTYNE CORP STREET 2: C/O SPX CORP CITY: CHARLOTTE STATE: NC ZIP: 28277 4 1 edgar.xml FORM 4 - X0303 4 2008-06-23 0 0000088205 SPX CORP SPW 0001248033 COFFIN SARAH R C/O SPX CORPORATION 13515 BALLANTYNE CORPORATE PLACE CHARLOTTE NC 28277 1 0 0 0 Common Stock 2008-06-23 4 M 0 66 A 10846 D Common Stock 2008-06-23 4 D 0 66 131.9 D 10780 D Director Stock Option (right to buy) 32.4375 1999-07-04 2009-01-03 Common Stock 3000 3000 D Director Stock Option (right to buy) 29.75 1999-08-24 2009-02-23 Common Stock 1000 1000 D Director Stock Option (right to buy) 38.9063 2000-07-03 2010-01-02 Common Stock 4000 4000 D Director Stock Option (right to buy) 48.44 2001-07-02 2011-01-01 Common Stock 4000 4000 D Director Stock Option (right to buy) 69.43 2002-07-02 2012-01-01 Common Stock 4000 4000 D Director Stock Option (right to buy) 38.57 2003-07-03 2013-01-02 Common Stock 4000 4000 D Director Stock Option (right to buy) 52 2004-08-25 2014-02-24 Common Stock 3800 3800 D Phantom Stock 2008-06-23 4 M 0 66 D 2006-06-23 2008-06-23 Common Stock 66 0 D Phantom Stock 2007-01-01 2009-01-01 Common Stock 834 834 D Option granted under the SPX Corporation 1997 Non-Employee Directors Compensation Plan. Phantom stock granted pursuant to the SPX Corporation 2005 Non-Employee Directors' Compensation Plan. Each share of phantom stock is the economic equivalent of one share of issuer common stock. The grant of phantom stock provides for automatic vesting in three equal annual tranches beginning on June 23, 2006, provided that the reporting person is still a director on the relevant vesting date. Any vested portion will settle in cash. The grant of phantom stock provided for potential vesting in three annual tranches, with the first measurement date on January 1, 2007. Vesting is determined by comparing the issuer's shareholder return with the performance of the S&P 500. Any vested portion will be settled in cash. Settlement of vested phantom stock grant. The settlement occurred in cash on the transaction date, which was as soon as administratively practicable following the determination that the vesting condition had been met. The settlement amount equaled the closing price of issuer stock on the last trading day preceding the measurement date. The settlement is deemed for reporting purposes to be the simultaneous acquisition and disposition back to the issuer for cash of the vested shares of phantom stock. Brain Webb, Attorney In Fact for Sarah R. Coffin 2008-06-25 -----END PRIVACY-ENHANCED MESSAGE-----