Tamara Morytko - Feb 16, 2023 Form 4/A - Amendment Insider Report for FLOWSERVE CORP (FLS)

Role
President, FPD
Signature
/s/ Shakeeb U. Mir, attorney-in-fact
Stock symbol
FLS
Transactions as of
Feb 16, 2023
Transactions value $
-$76,108
Form type
4/A - Amendment
Date filed
2/23/2023, 04:03 PM
Date Of Original Report
Feb 21, 2023
Previous filing
Feb 23, 2023
Next filing
Apr 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLS Common Stock Options Exercise $0 +2.33K +56.43% $0.00 6.45K Feb 16, 2023 Direct
transaction FLS Common Stock Tax liability -$31.7K -880 -13.65% $36.07 5.57K Feb 16, 2023 Direct
transaction FLS Common Stock Options Exercise $0 +3.25K +58.45% $0.00 8.82K Feb 16, 2023 Direct
transaction FLS Common Stock Tax liability -$44.4K -1.23K -13.95% $36.07 7.59K Feb 16, 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 -2.21K -11.09% $0.00 17.7K Feb 16, 2023 Common Stock 2.21K Direct F1, F2
transaction FLS Restricted Stock Units Options Exercise $0 -3.1K -17.46% $0.00 14.6K Feb 16, 2023 Common Stock 3.1K Direct F1, F2
* 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.
F2 This Form 4 corrects an inadvertent error in the number of restricted stock units originally reported as disposed of by the officer.