SPX CORP 4

Accession 0001179110-06-019451

$SPXCCIK 0000088205operating

Filed

Oct 3, 8:00 PM ET

Accepted

Oct 4, 4:11 PM ET

Size

41.9 KB

Accession

0001179110-06-019451

Form 4

Period: 2006-10-02

Director

Transactions

Holdings

Phantom Stock
From: 2007-01-01Exp: 2009-01-01→ Common Stock (2,500 underlying)
2,500
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: $56.25From: 2000-11-13Exp: 2010-01-02→ Common Stock (3,280 underlying)
3,280
Director Stock Option (right to buy)
Exercise: $48.44From: 2001-07-02Exp: 2011-01-01→ Common Stock (4,000 underlying)
4,000
Phantom Stock
From: 2006-06-23Exp: 2008-06-23→ Common Stock (132 underlying)
132
Director Stock Option (right to buy)
Exercise: $52.00From: 2004-08-25Exp: 2014-02-24→ Common Stock (3,800 underlying)
3,800
Director Stock Option (right to buy)
Exercise: $57.97From: 2000-03-20Exp: 2007-04-25→ Common Stock (1,844 underlying)
1,844
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: $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
Common Stock
(indirect: By Spouse)
5,000

Footnotes (7)

[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.

Documents

1 file

SPX CORP

CIK 0000088205

Entity typeoperating

IncorporatedDE