Robert Scott Rowe - Feb 20, 2023 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, 2023
Transactions value $
-$307,721
Form type
4
Date filed
2/22/2023, 03:14 PM
Previous filing
Feb 23, 2023
Next filing
May 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLS Common Stock Options Exercise $0 +21.8K +6.91% $0.00 337K Feb 20, 2023 Direct
transaction FLS Common Stock Tax liability -$308K -8.57K -2.54% $35.89 328K Feb 20, 2023 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 -7.9% $0.00 235K Feb 20, 2023 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.