-----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, KT/NoOkXQNDMOJpEAIgiGpn2C33MaPHQ4VruYq4XTXe6VK9HiSeluWeuWIGS/DBo v9U2ogCp4XKbaHiB7uvHNw== 0001179110-06-019625.txt : 20061006 0001179110-06-019625.hdr.sgml : 20061006 20061006161103 ACCESSION NUMBER: 0001179110-06-019625 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20061004 FILED AS OF DATE: 20061006 DATE AS OF CHANGE: 20061006 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: OLEARY PATRICK J CENTRAL INDEX KEY: 0001248039 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-06948 FILM NUMBER: 061134144 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 - X0202 4 2006-10-04 0 0000088205 SPX CORP SPW 0001248039 OLEARY PATRICK J C/O SPX CORPORATION 13515 BALLANTYNE CORPORATE PLACE CHARLOTTE NC 28277 0 1 0 0 EVP, CFO & Treasurer Common Stock 2006-10-04 4 M 0 14740 50.01 A 194288 D Common Stock 2006-10-04 4 S 0 14740 55 D 179548 D Common Stock 3665 I 401(k) Plan Employee stock option to purchase common stock 2007-04-22 Common Stock 200000 200000 D Employee stock option to purchase common stock 2004-06-23 2009-06-22 Common Stock 1000000 1000000 D Employee stock option to purchase common stock 38.9063 2010-01-02 Common Stock 70000 70000 D Employee stock option to purchase common stock 39.7188 2000-02-14 2008-01-01 Common Stock 18600 18600 D Employee stock option to purchase common stock 86.4688 2000-08-14 2006-10-13 Common Stock 18746 18746 D Employee stock option to purchase common stock 86.4688 2000-08-14 2006-10-13 Common Stock 11792 11792 D Employee stock option to purchase common stock 86.4688 2000-08-14 2006-10-13 Common Stock 4734 4734 D Employee stock option to purchase common stock 48.44 2011-01-01 Common Stock 70000 70000 D Employee stock option to purchase common stock 47.565 2001-03-14 2008-01-01 Common Stock 29422 29422 D Employee stock option to purchase common stock 46.475 2001-03-23 2009-01-03 Common Stock 10034 10034 D Employee stock option to purchase common stock 50.39 2001-09-17 2009-01-03 Common Stock 18512 18512 D Employee stock option to purchase common stock 50.01 2006-10-04 4 M 0 14740 0 D 2001-10-22 2006-10-13 Common Stock 14740 0 D Employee stock option to purchase common stock 50.01 2001-10-22 2008-01-01 Common Stock 11964 11964 D Employee stock option to purchase common stock 69.43 2012-01-01 Common Stock 70000 70000 D Employee stock option to purchase common stock 38.57 2013-01-02 Common Stock 70000 70000 D On April 23, 1997, the Board of Directors of the Issuer granted Reporting Person out-of-the-money options to purchase common stock which vest and become exercisable 5 years after the grant date. The prices of the options that remain unexercised are 70,000 shares at $37.50 per share and 130,000 shares at $45 per share. Grant of options to purchase Common Stock: 250,000 shares at $60 per share, 250,000 shares at $72.50 per share, 250,000 shares at $85 per share, and 250,000 shares at $97.50 per share. Granted under the SPX Corporation 2002 Stock Compensation Plan or its predecessor plan, the 1992 Stock Compensation Plan. Option vested as to 35,000 shares on each of January 3, 2002 and 2003. Option vested as to 23,334 shares on each of January 2, 2002 and 2004, and 23,332 shares on January 2, 2003. Option vested as to 23,334 shares on each of January 2, 2003 and 2005, and 23,332 shares on January 2, 2004. Option vested as to 23,334 shares on January 3, 2004 and 23,333 shares on January 3, 2005, and 23,333 shares on January 3, 2006. Effected pursuant to a Rule 10b5-1(c) sales plan adopted by the reporting person on June 9, 2006. Brian Webb, Attorney In Fact for Patrick J. O'Leary 2006-10-06 EX-24.1 2 ex24pjo.txt POWER OF ATTORNEY LIMITED POWER OF ATTORNEY The undersigned hereby appoints each of Kevin L. Lilly, Spencer Conard, Brian Webb and Lydia Myrick, signing singly, as his attorney-in-fact to act for him and in his name solely to do all or any of the following: 1. To execute and file with the Securities and Exchange Commission all statements regarding his beneficial ownership of securities of SPX Corporation filed pursuant to Section 16(a) of the Securities Exchange Act of 1934; 2. To execute all necessary instruments to carry out and perform any of the powers stated above, and to do any other acts requisite to carrying out such powers. None of Kevin L. Lilly, Spencer Conard, Brian Webb or Lydia Myrick shall incur any liability to the undersigned for acting or refraining from acting under this power, except for such attorney's own willful misconduct or gross negligence. The undersigned acknowledges that the foregoing attorneys-in- fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is SPX Corporation assuming, any of the undersigned's responsibilities to comply with Section 16 of the Securities Exchange Act of 1934. Any reproduced copy of this signed original shall be deemed to be an original counterpart of this Power of Attorney. This Power of Attorney is governed by Delaware law. This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file statements pursuant to Section 16(a) of the Securities Exchange Act of 1934 with respect to the undersigned's beneficial ownership of securities of SPX Corporation, unless earlier revoked. This Power of Attorney shall terminate with respect to the attorney-in-fact upon receipt by Kevin L. Lilly, Spencer Conard, Brian Webb or Lydia Myrick, as the case may be, from the undersigned of a written notice of revocation of this Power of Attorney. The undersigned shall have the right to revoke this Power of Attorney at any time. IN WITNESS WHEREOF, the undersigned has executed this Power of Attorney this 28th day of June, 2006. By: /s/ Patrick J. O'Leary Patrick J. O'Leary -----END PRIVACY-ENHANCED MESSAGE-----