Robert Scott Rowe - Feb 20, 2022 Form 4 Insider Report for FLOWSERVE CORP (FLS)

Role
President & CEO, Director
Signature
/s/ Shakeeb U. Mir, attorney-in-fact
Stock symbol
FLS
Transactions as of
Feb 20, 2022
Transactions value $
-$267,477
Form type
4
Date filed
2/22/2022, 04:48 PM
Previous filing
Feb 17, 2022
Next filing
Mar 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLS Common Stock Options Exercise $0 +21.2K +9.47% $0.00 245K Feb 20, 2022 Direct
transaction FLS Common Stock Tax liability -$267K -8.34K -3.4% $32.06 237K Feb 20, 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FLS Restricted Stock Units Options Exercise $0 -20.2K -6.61% $0.00 285K Feb 20, 2022 Common Stock 20.2K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the right to receive, at settlement, one share of common stock (plus dividends accrued on the underlying shares) and are granted to the reporting person pursuant to the issuer's long-term incentive compensation plan for employees. The shares vest ratably over a three-year period on each annual anniversary of the grant.