Susan Claire Hudson - May 23, 2023 Form 4 Insider Report for FLOWSERVE CORP (FLS)

Signature
/s/ Shakeeb U. Mir, attorney-in-fact
Stock symbol
FLS
Transactions as of
May 23, 2023
Transactions value $
-$6,089
Form type
4
Date filed
5/24/2023, 05:11 PM
Previous filing
Feb 22, 2023
Next filing
Feb 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLS Common Stock Options Exercise $0 +723 +15.01% $0.00 5.54K May 23, 2023 Direct
transaction FLS Common Stock Tax liability -$6.09K -177 -3.19% $34.40 5.36K May 23, 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 -703 -4.64% $0.00 14.4K May 23, 2023 Common Stock 703 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.