JOHNSON CHARLES E II 4

Accession 0001179110-06-015160

CIK 0000088205other

View on SEC.gov Company Profile

Filed

Jul 13, 8:00 PM ET

Accepted

Jul 14, 4:11 PM ET

Size

53.0 KB

Accession

0001179110-06-015160

Insider Transaction Report

Form 4

Period: 2006-07-12

SPX CORPSPW

JOHNSON CHARLES E II

Director

Transactions

Sale
Common Stock
2006-07-12$55.14/sh−800$44,112→ 70,032 total
Sale
Common Stock
2006-07-12$54.80/sh−600$32,880→ 75,332 total
Sale
Common Stock
2006-07-12$54.91/sh−200$10,982→ 71,732 total
Sale
Common Stock
2006-07-12$54.78/sh−100$5,478→ 76,032 total
Sale
Common Stock
2006-07-12$54.86/sh−400$21,944→ 73,232 total
Sale
Common Stock
2006-07-12$54.85/sh−1,000$54,850→ 73,632 total
Sale
Common Stock
2006-07-12$54.90/sh−900$49,410→ 71,932 total
Sale
Common Stock
2006-07-12$55.10/sh−300$16,530→ 70,932 total

Holdings

Common Stock
(indirect: By Spouse)
5,000
Director Stock Option (right to buy)
Exercise: $56.25From: 2000-11-13Exp: 2010-01-02→ Common Stock (3,280 underlying)
3,280
Director Stock Option (right to buy)
Exercise: $57.97From: 2000-03-20Exp: 2008-01-01→ Common Stock (2,346 underlying)
2,346
Director Stock Option (right to buy)
Exercise: $48.44From: 2001-07-02Exp: 2011-01-01→ Common Stock (4,000 underlying)
4,000
Director Stock Option (right to buy)
Exercise: $57.97From: 2000-03-20Exp: 2009-04-23→ Common Stock (716 underlying)
716
Phantom Stock
From: 2006-01-01Exp: 2008-01-01→ Common Stock (1,667 underlying)
1,667
Director Stock Option (right to buy)
Exercise: $57.97From: 2000-03-20Exp: 2009-01-03→ Common Stock (2,232 underlying)
2,232
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: 2006-06-23Exp: 2008-06-23→ Common Stock (132 underlying)
132
Director Stock Option (right to buy)
Exercise: $57.97From: 2000-03-20Exp: 2007-04-25→ Common Stock (1,844 underlying)
1,844
Phantom Stock
From: 2007-01-01Exp: 2009-01-01→ Common Stock (2,500 underlying)
2,500

Footnotes (8)

[F1]Options granted under the SPX Corporation 1997 Non-Employee Directors Compensation Plan.
[F2]Phantom stock granted pursuant to the SPX Corporation 2005 Non-Employee Directors' Compensation Plan.
[F3]Each share of phantom stock is the economic equivalent of one share of issuer common stock.
[F4]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.
[F5]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 settle in cash.
[F6]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.
[F7]This sale was effected pursuant to a Rule 10b5-1(c) sales plan adopted by the reporting person on June 12, 2006.
[F8]In June 2006, 33,760 shares previously held by the reporting person's spouse and reported as indirectly owned by the reporting person were placed in an account owned jointly by the reporting person and his spouse. As a result, the form of ownership reported for these shares has changed from indirect to direct.

Documents

2 files

Issuer

SPX CORP

CIK 0000088205

→

Entity typeother

Related Parties

filerCIK 0001248036

Filing Metadata

Form type: 4
Filed: Jul 13, 8:00 PM ET
Accepted: Jul 14, 4:11 PM ET
Size: 53.0 KB

View on SEC.gov