Filing Details
- Accession Number:
- 0001415889-23-005214
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-03-20 16:20:07
- Reporting Period:
- 2023-03-16
- Accepted Time:
- 2023-03-20 16:20:07
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 88205 | Spx Technologies Inc. | SPXC | Metalworkg Machinery & Equipment (3540) | 381016240 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1546158 | Randall J Data | C/O Spx Technologies, Inc. 6325 Ardrey Kell Road, Suite 400 Charlotte NC 28277 | Pres., Heating And Global Oper | No | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2023-03-16 | 16,326 | $32.69 | 120,950 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-03-16 | 5,565 | $65.79 | 115,385 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2023-03-16 | 3,991 | $67.12 | 111,394 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2023-03-16 | 11,910 | $68.23 | 99,484 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2023-03-16 | 7,360 | $68.85 | 92,124 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee stock option to purchase common stock | Disposition | 2023-03-16 | 16,326 | $0.00 | 16,326 | $32.69 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2021-02-22 | 2028-02-22 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 3,626 | Indirect | 401 (k) Plan |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee stock option to purchase common stock | $36.51 | 2022-02-21 | 2029-02-21 | 16,138 | 16,138 | Direct |
| Common Stock | Employee stock option to purchase common stock | $50.09 | 2023-02-20 | 2030-02-20 | 11,959 | 11,959 | Direct |
| Common Stock | Employee stock option to purchase common stock | $58.34 | 2024-03-01 | 2031-03-01 | 8,911 | 8,911 | Direct |
| Common Stock | Employee stock option to purchase common stock | $48.97 | 2025-03-01 | 2032-03-01 | 9,814 | 9,814 | Direct |
| Common Stock | Employee stock option to purchase common stock | $71.93 | 2026-03-01 | 2033-03-01 | 6,305 | 6,305 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2029-02-21 | 16,138 | 16,138 | Direct |
| 2030-02-20 | 11,959 | 11,959 | Direct |
| 2031-03-01 | 8,911 | 8,911 | Direct |
| 2032-03-01 | 9,814 | 9,814 | Direct |
| 2033-03-01 | 6,305 | 6,305 | Direct |
Footnotes
- Includes unvested restricted stock units.
- The sales reported in this form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 15, 2022.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.44 to $66.42, inclusive. The reporting person undertakes to provide to SP X Technologies, Inc., any security holder of SP X 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 $66.52 to $67.50, inclusive. The reporting person undertakes to provide to SP X Technologies, Inc., any security holder of SP X 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 $67.63 to $68.60, inclusive. The reporting person undertakes to provide to SP X Technologies, Inc., any security holder of SP X 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 $68.65 to $69.29, inclusive. The reporting person undertakes to provide to SP X Technologies, Inc., any security holder of SP X 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 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.
Billionaire Hedge Funds
