Sec Form 4 Filing - Mason Brian G. @ SPX CORP - 2020-02-20

Every director, officer or owner of more than ten percent of a class of equity securities registered under Section 12 of the '34 Act must file with the U.S. Securities and Exchange Commission (SEC) a statement of ownership regarding such security.

"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
The following is an SEC EDGAR document rendered as filed.
Here is the list of insider trading transaction codes.

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
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person *
Mason Brian G.
2. Issuer Name and Ticker or Trading Symbol
SPX CORP [ SPXC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Pres. - SPX Transformer Sol.
(Last)
(First)
(Middle)
C/O SPX CORPORATION, 13320-A BALLANTYNE CORPORATE PLACE
3. Date of Earliest Transaction (MM/DD/YY)
02/20/2020
(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 02/20/2020 A( 1 ) 6,761 A 58,787 ( 2 ) D
Common Stock 1,414 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 $ 12.36 10/13/2018( 3 ) 10/13/2025 Common Stock 21,574 21,574 D
Employee stock option to purchase common stock $ 12.85 03/02/2019( 4 ) 03/02/2026 Common Stock 22,430 22,430 D
Employee stock option to purchase common stock $ 27.4 03/01/2020( 5 ) 03/01/2027 Common Stock 11,367 11,367 D
Employee stock option to purchase common stock $ 32.69 02/22/2021( 6 ) 02/22/2028 Common Stock 10,029 10,029 D
Employee stock option to purchase common stock $ 36.51 02/21/2022( 7 ) 02/21/2029 Common Stock 9,683 9,683 D
Employee stock option to purchase common stock $ 50.09 02/20/2020 A( 8 ) 6,472 02/20/2023( 9 ) 02/20/2030 Common Stock 6,472 ( 8 ) 6,472 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Mason Brian G.
C/O SPX CORPORATION
13320-A BALLANTYNE CORPORATE PLACE
CHARLOTTE, NC28277
Pres. - SPX Transformer Sol.
Signatures
/s/ John Nurkin, Attorney in Fact for Brian G. Mason 02/24/2020
** Signature of Reporting Person Date
Explanation of Responses:
( 1 )Grant of restricted stock units under the SPX Corporation 2019 Stock Compensation Plan.
( 2 )Includes unvested restricted stock units.
( 3 )Vests as to 100% of the shares on the third anniversary of the grant date.
( 4 )Vests in three equal installments beginning on March 2, 2017.
( 5 )Vests in three equal installments beginning on March 1, 2018.
( 6 )Vests in three equal installments beginning on February 22, 2019.
( 7 )Vests in three equal installments beginning on February 21, 2020.
( 8 )Grant of stock option pursuant to the SPX Corporation 2019 Stock Compensation Plan.
( 9 )Vests in three equal installments beginning on February 20, 2021.

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).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.