Sec Form 4 Filing - GRIFFITHS WILLIAM C @ SPX CORP - 2004-02-18

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person GRIFFITHS WILLIAM C 2. Issuer Name and Ticker or Trading Symbol SPX CORP [ SPW] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) President, Fluid Systems (Last) (First) (Middle) C/O SPX CORPORATION, 13515 BALLANTYNE CORPORATE PLACE 3. Date of Earliest Transaction (MM/DD/YY) 02/18/2004 (Street) CHARLOTTE, NC28277 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 02/18/2004 A 25,000 A 30,548 D Common Stock 844 I 401(k) Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Employee stock option to purchase common stock ( 1 ) $ 36.23 ( 1 ) 02/09/2005 Common Stock 1,646 1,646 D Employee stock option to purchase common stock ( 1 ) $ 45.33 ( 1 ) 02/15/2006 Common Stock 2,352 2,352 D Employee stock option to purchase common stock ( 1 ) $ 50.34 ( 1 ) 02/13/2007 Common Stock 3,058 3,058 D Employee stock option to purchase common stock ( 1 ) $ 39.77 ( 1 ) 10/25/2008 Common Stock 3,528 3,528 D Employee stock option to purchase common stock ( 1 ) $ 40.93 ( 1 ) 02/11/2009 Common Stock 4,234 4,234 D Employee stock option to purchase common stock ( 1 ) $ 39.77 ( 1 ) 02/10/2010 Common Stock 7,058 7,058 D Employee stock option to purchase common stock ( 2 ) $ 59.11 ( 3 ) 05/23/2011 Common Stock 20,000 20,000 D Employee stock option to purchase common stock ( 2 ) $ 59.11 ( 4 ) 05/23/2011 Common Stock 23,036 23,036 D Employee stock option to purchase common stock ( 2 ) $ 69.43 ( 5 ) 01/01/2012 Common Stock 30,000 30,000 D Employee stock option to purchase common stock ( 2 ) $ 38.57 ( 6 ) 01/02/2013 Common Stock 30,000 30,000 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other GRIFFITHS WILLIAM C C/O SPX CORPORATION 13515 BALLANTYNE CORPORATE PLACE CHARLOTTE, NC28277 President, Fluid Systems Signatures C.J. Kearney, Attorney In Fact for William C. Griffiths 02/20/2004 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Issued pursuant to the United Dominion Industries employee stock option plan, which plan was assumed by SPX. These options are fully vested and exercisable. ( 2 )Granted under the SPX Corporation 2002 Stock Compensation Plan or its predecessor plan, the 1992 Stock Compensation Plan. ( 3 )Vests as to 6,666 shares on May 24, 2002 and 6,667 shares on each of May 24, 2003 and 2004. ( 4 )Vests as to 7,678 shares on May 24, 2002 and 7,679 shares on each of May 24, 2003 and 2004. ( 5 )Vests as to 10,000 shares on each of January 2, 2003, 2004 and 2005. ( 6 )Vests as to 10,000 shares on each of January 3, 2004, 2005 and 2006. ( 7 )Grant of restricted stock pursuant to SPX Corporation 2002 Stock Compensation Plan.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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