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 OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Lowe Eugene Joseph III
2. Issuer Name and Ticker or Trading Symbol

SPX CORP [ SPXC ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
President and CEO
(Last)          (First)          (Middle)

C/O SPX CORPORATION, 13320-A BALLANTYNE CORPORATE PLACE
3. Date of Earliest Transaction (MM/DD/YYYY)

3/1/2017
(Street)

CHARLOTTE, NC 28277
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   3/1/2017     A (1)    57222   A   (1) 316079   (2) D    
Common Stock   3/2/2017     F (3)    6843   D $27.4   309236   (2) D    
Common Stock                  2783   I   401(k) Plan  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 7. Title and Amount of Securities Underlying Derivative Security
(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   (4) 10/13/2025   Common Stock   332673     332673   D    
Employee stock option to purchase common stock   $21.16                    1/2/2018   (5) 1/2/2025   Common Stock   45776     45776   D    
Employee stock option to purchase common stock   $12.85                    3/2/2019   (6) 3/2/2026   Common Stock   186919     186919   D    
Employee stock option to purchase common stock   $27.4   3/1/2017     A   (7)    82405       3/1/2020   (8) 3/1/2027   Common Stock   82405     (7) 82405   D    

Explanation of Responses:
( 1)  Grant of restricted stock under the SPX Corporation 2002 Stock Compensation Plan.
( 2)  Includes unvested restricted stock units.
( 3)  Shares delivered to the issuer for the payment of withholding taxes due upon the vesting of restricted stock previously granted under the SPX Corporation 2002 Stock Compensation Plan.
( 4)  Vests as to 100% of the shares on the third anniversary of the grant date.
( 5)  Vests in three equal installments beginning on January 2, 2016.
( 6)  Vests in three equal installments beginning on March 2, 2017.
( 7)  Grant of stock option pursuant to the SPX Corporation 2002 Stock Compensation Plan.
( 8)  Vests in three equal installments beginning on March 1, 2018.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Lowe Eugene Joseph III
C/O SPX CORPORATION
13320-A BALLANTYNE CORPORATE PLACE
CHARLOTTE, NC 28277
X
President and CEO

Signatures
Stefanie Holland, Attorney In Fact for Eugene Joseph Lowe III 3/3/2017
** Signature of Reporting Person Date


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 control number.
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