1. Name and Address of Reporting Person
Shockley, William M.
Two Pitcairn Place, Suite 200
165 Township Line Road
Jenkintown, PA 19046-
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
3/2002
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, Chief Financial Officer
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 03/05/2002 M 4000 A $19.7500 D
Common Stock 03/05/2002 F -1941 D $40.6850 16951 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 $27 01/31/2006 Common 2110 D
Stock Options Stock
Non Qualified $32.9375 02/09/2010 Common 4800 D
Stock Options Stock
Non Qualified $33.9063 02/09/2007 Common 4000 D
Stock Options Stock
Non Qualified $34.435 02/12/2012 Common 12095 D
Stock Options Stock
Non Qualified $36.125 10/11/2009 Common 10185 D
Stock Options Stock
Non Qualified $41.0938 02/01/2008 Common 4000 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 6861 D
Stock Options Stock
Incentive $19.75 03/05/2002 M 4000 07/25/1996 07/24/2005 Common 4000 $19.7500 5000 D
Stock Options Stock
Incentive $27 01/31/2006 Common 3890 D
Stock Options Stock
Incentive $32.9375 02/09/2010 Common 1200 D
Stock Options Stock
Incentive $34.435 02/12/2012 Common 2905 D
Stock Options Stock
Incentive $36.125 10/11/2009 Common 4815 D
Stock Options Stock
Incentive $42.4063 04/26/2009 Common 2400 D
Stock Options Stock
Incentive $43 02/08/2009 Common 2400 D
Stock Options Stock
Incentive $51.1 02/14/2011 Common 3139 D
Stock Options Stock
Explanation of Responses:
SIGNATURE OF REPORTING PERSON
/s/ William M. Shockley
DATE
04/09/2002