1. Name and Address of Reporting Person
Dee, James D.
157 Pheasant Fields Lane
Moorestown, NJ 08057
2. Issuer Name and Ticker or Trading Symbol
SPS TECHNOLOGIES, INC. (ST)
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
2/2002
5. If Amendment, Date of Original (Month/Day/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director ( ) 10% Owner
(X) Officer (give title below) ( ) Other (specify below)
Vice President, General Counsel & Secretary
7. 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 |2. Trans- |3. Trans- |4. Securities Acquired (A) |5. Amount of |6. Owner- |7. Nature |
| | action | action | or Disposed of (D) | Securities | ship | of In- |
| | Date | Code | | Beneficially | Form: | direct |
| | | | | Owned at | Direct | Bene- |
| | (Month/ | | | End of | (D) or | ficial |
| | Day/ +-------+-----+-----------+------+----------+ Month | Indirect| Owner- |
| | Year) |Code |V |Amount |A/D |Price | | (I) | ship |
+---------------------------------+----------+-------+-----+-----------+------+----------+----------------+-----------+------------+
Common Stock 5306 D
TABLE II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
+-------------+--------+----------+---------+-----------+---------------------+----------------+----------+--------+-------+-------+
|1. |2. |3. |4. |5. |6. |7. |8. |9. |10. |11. |
| | | | | | | | |Number |Owner- | |
| | | | | | | | |of |ship | |
| | | | | | | | |Deriv- |Form of| |
| | | | | | |Title and Amount| |ative |Deriv- | |
| | | | | | |of Underlying | |Secur- |ative |Nature |
| |Conver- | | |Number of | |Securities | |ities |Secur- |of |
| |sion or | | |Derivative |Date Exercisable +-------+--------+ |Benefi- |ity: |In- |
| |Exercise| | |Securities |and Expiration Date | |Amount | |cially |Direct |direct |
| |Price of|Transac- |Transac- |Acquired(A)|(Month/Day/Year) | |or | |Owned |(D) or |Bene- |
|Title of |Deriv- |tion Date |tion Code|Disposed(D)+----------+----------+ |Number |Price of |at End |In- |ficial |
|Derivative |ative |(Month/ +------+--+-----+-----+Date Exer-|Expira- | |of |Derivative|of |direct |Owner- |
|Security |Security|Day/Year) |Code |V |(A) |(D) |cisable |tion Date |Title |Shares |Security |Month |(I) |ship |
+-------------+--------+----------+------+--+-----+-----+----------+----------+-------+--------+----------+--------+-------+-------+
Non Qualified $32.9375 02/09/2010 Common 600 D
Stock Options Stock
Non Qualified $34.435 02/13/2002 A V 59 02/13/2003 02/12/2012 Common 59 $0.0000 59 D
Stock Options Stock
Non Qualified $41.0938 02/01/2008 Common 6355 D
Stock Options Stock
Non Qualified $42.4063 04/26/2009 Common 600 D
Stock Options Stock
Non Qualified $43 02/08/2009 Common 600 D
Stock Options Stock
Non Qualified $51.1 02/14/2011 Common 432 D
Stock Options Stock
Incentive $27 01/31/2006 Common 5000 D
Stock Options Stock
Incentive $32.9375 02/09/2010 Common 2400 D
Stock Options Stock
Incentive $33.9063 02/09/2007 Common 6000 D
Stock Options Stock
Incentive $34.435 02/13/2002 A V 2941 02/13/2003 02/12/2012 Common 2941 $0.0000 2941 D
Stock Options Stock
Incentive $41.0938 02/01/2008 Common 645 D
Stock Options Stock
Incentive $42.4063 04/26/2009 Common 900 D
Stock Options Stock
Incentive $43 02/08/2009 Common 900 D
Stock Options Stock
Incentive $51.1 02/14/2011 Common 2568 D
Stock Options Stock
Explanation of Responses:
These options were granted as an incentive to the recipient and the number
granted was calculated using the fair market value of the Company's common stock
on the grant date. 20% of the options granted become exercisable one year
after the grant date,and the remainder become exercisable in annual 20%
increments thereafter.
SIGNATURE OF REPORTING PERSON
/s/ James D. Dee
DATE
03/12/2002