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4//SEC Filing

WILLIAMS DAVID P 4

Accession 0001179110-06-014135

CIK 0000088205other
View on SEC.govCompany Profile

Filed

Jun 26, 8:00 PM ET

Accepted

Jun 27, 5:23 PM ET

Size

26.7 KB

Accession

0001179110-06-014135

Insider Transaction Report

Form 4
Period: 2006-06-23
SPX CORPSPW
WILLIAMS DAVID P
Director
Transactions
  • Disposition to Issuer

    Common Stock

    2006-06-23$55.33/sh−65$3,596→ 15,522 total
  • Exercise/Conversion

    Common Stock

    2006-06-23+65→ 15,587 total
  • Exercise/Conversion

    Phantom Stock

    2006-06-23−65→ 132 total
    From: 2006-06-23Exp: 2008-06-23→ Common Stock (197 underlying)
Holdings

  • Director Stock Option (right to buy)

    Exercise: $64.60From: 2001-12-18Exp: 2011-01-01→ Common Stock (3,432 underlying)
    3,432

  • Director Stock Option (right to buy)

    Exercise: $71.34From: 2002-03-06Exp: 2008-01-01→ Common Stock (1,018 underlying)
    1,018

  • Phantom Stock

    From: 2007-01-01Exp: 2009-01-01→ Common Stock (2,500 underlying)
    2,500

  • Director Stock Option (right to buy)

    Exercise: $58.50From: 2000-10-26Exp: 2009-01-03→ Common Stock (1,372 underlying)
    1,372

  • Director Stock Option (right to buy)

    Exercise: $71.34From: 2002-03-06Exp: 2007-02-25→ Common Stock (1,646 underlying)
    1,646

  • Director Stock Option (right to buy)

    Exercise: $71.34From: 2002-03-06Exp: 2008-01-01→ Common Stock (1,006 underlying)
    1,006

  • Director Stock Option (right to buy)

    Exercise: $52.00From: 2004-08-25Exp: 2014-02-24→ Common Stock (3,800 underlying)
    3,800

  • Phantom Stock

    From: 2006-01-01Exp: 2008-01-01→ Common Stock (1,667 underlying)
    1,667

  • Director Stock Option (right to buy)

    Exercise: $58.50From: 2000-10-26Exp: 2010-01-02→ Common Stock (3,248 underlying)
    3,248

  • Director Stock Option (right to buy)

    Exercise: $69.43From: 2002-07-02Exp: 2012-01-01→ Common Stock (4,000 underlying)
    4,000

  • Director Stock Option (right to buy)

    Exercise: $71.34From: 2002-03-06Exp: 2009-02-23→ Common Stock (632 underlying)
    632

  • Director Stock Option (right to buy)

    Exercise: $71.34From: 2002-03-06Exp: 2009-01-03→ Common Stock (744 underlying)
    744
Footnotes (8)
  • [F1]Options granted under the SPX Corporation 1997 Non-Employee Directors Compensation Plan.
  • [F2]Options granted under the SPX Corporation 1992 Stock Compensation Plan.
  • [F3]Phantom stock granted pursuant to the SPX Corporation 2005 Non-Employee Directors' Compensation Plan.
  • [F4]Each share of phantom stock is the economic equivalent of one share of issuer common stock.
  • [F5]The grant of phantom stock provided for potential vesting in three annual tranches, with the first measurement date on January 1, 2006. Vesting is determined by comparing the issuer's shareholder return with the performance of the S&P 500. Any vested portion will be settled in cash.
  • [F6]The grant of phantom stock provides for automatic vesting in three equal annual tranches beginning on June 23, 2006, provided that the reporting person is still a director on the relevant vesting date. Any vested portion will be settled in cash.
  • [F7]The grant of phantom stock provided for potential vesting in three annual tranches, with the first measurement date on January 1, 2007. Vesting is determined by comparing the issuer's shareholder return with the performance of the S&P 500. Any vested portion will be settled in cash.
  • [F8]Settlement of vested phantom stock grant. The settlement amount equaled the closing price of issuer stock on the last trading day preceding the measurement date. The settlement is deemed for reporting purposes to be the simultaneous acquisition and disposition back to the issuer for cash of the vested shares of phantom stock.

Documents

1 file

Issuer

SPX CORP

CIK 0000088205

→
Entity typeother

Related Parties

1
  • filerCIK 0001177159

Filing Metadata

Form type
4
Filed
Jun 26, 8:00 PM ET
Accepted
Jun 27, 5:23 PM ET
Size
26.7 KB
View on SEC.gov