Sec Form 4 Filing - RIORDAN THOMAS J @ SPX CORP - 2006-11-15

Insider filing report for Changes in Beneficial Ownership
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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
RIORDAN THOMAS J
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)
EVP, COO
(Last) (First) (Middle)
C/O SPX CORPORATION, 13515 BALLANTYNE CORPORATE PLACE
3. Date of Earliest Transaction (MM/DD/YY)
11/15/2006
(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 11/15/2006 S( 6 ) 100 D $ 61 166,909 D
Common Stock 11/16/2006 S( 6 ) 39,900 D $ 61 127,009 D
Common Stock 5,997 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 ) 12/10/2002 12/09/2007 Common Stock 200,000 200,000 D
Employee stock option to purchase common stock ( 2 ) $ 86.4688 08/14/2000 01/01/2008 Common Stock 16,538 16,538 D
Employee stock option to purchase common stock ( 2 ) $ 86.4688 08/14/2000 01/13/2007 Common Stock 7,416 7,416 D
Employee stock option to purchase common stock ( 2 ) $ 86.4688 08/14/2000 01/13/2007 Common Stock 6,372 6,372 D
Employee stock option to purchase common stock ( 2 ) $ 48.44 ( 3 ) 01/01/2011 Common Stock 50,000 50,000 D
Employee stock option to purchase common stock ( 2 ) $ 58.875 05/11/2001 01/01/2008 Common Stock 19,058 19,058 D
Employee stock option to purchase common stock ( 2 ) $ 58.875 05/11/2001 01/03/2009 Common Stock 18,786 18,786 D
Employee stock option to purchase common stock ( 2 ) $ 69.43 ( 4 ) 01/01/2012 Common Stock 50,000 50,000 D
Employee stock option to purchase common stock ( 2 ) $ 60.625 02/19/2002 01/03/2009 Common Stock 18,450 18,450 D
Employee stock option to purchase common stock ( 2 ) $ 60.625 02/19/2002 01/02/2010 Common Stock 19,952 19,952 D
Employee stock option to purchase common stock ( 2 ) $ 38.57 ( 5 ) 01/02/2013 Common Stock 50,000 50,000 D
Employee stock option to purchase common stock ( 2 ) $ 58.8 12/23/2003 01/02/2010 Common Stock 19,116 19,116 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
RIORDAN THOMAS J
C/O SPX CORPORATION
13515 BALLANTYNE CORPORATE PLACE
CHARLOTTE, NC28277
EVP, COO
Signatures
Brian Webb, Attorney In Fact for Thomas J. Riordan 11/17/2006
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The options are for 100,000 shares at $37.50 per share and 100,000 shares at $45 per share.
( 2 )Granted under the SPX Corporation 2002 Stock Compensation Plan or its predecessor plan, the 1992 Stock Compensation Plan.
( 3 )Option vested as to 16,668 shares on January 2, 2002 and 16,666 shares on each of January 2, 2003 and 2004.
( 4 )Option vested as to 16,668 shares on January 2, 2003 and 16,666 shares on each of January 2, 2004 and 2005.
( 5 )Option vested as to 16,667 shares on each of January 3, 2004 and 2005, and 16,666 shares on January 3, 2006.
( 6 )Effected pursuant to a Rule 10b5-1(c) sales plan adopted by the reporting person on June 9, 2006.

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).
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