Lamar L. Duhon - Feb 15, 2024 Form 4 Insider Report for FLOWSERVE CORP (FLS)

Role
President, FPD
Signature
/s/ Shakeeb Mir, attorney-in-fact
Stock symbol
FLS
Transactions as of
Feb 15, 2024
Transactions value $
-$115,833
Form type
4
Date filed
2/20/2024, 04:28 PM
Previous 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 +2.81K +145.24% $0.00 4.74K Feb 15, 2024 Direct
transaction FLS Common Stock Tax liability -$47.6K -1.11K -23.34% $42.98 3.64K Feb 15, 2024 Direct
transaction FLS Common Stock Options Exercise $0 +3.93K +108.09% $0.00 7.57K Feb 17, 2024 Direct
transaction FLS Common Stock Tax liability -$68.3K -1.59K -21.03% $42.90 5.98K Feb 17, 2024 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 -2.68K -8.38% $0.00 29.3K Feb 15, 2024 Common Stock 2.68K Direct F1
transaction FLS Restricted Stock Units Options Exercise $0 -3.85K -13.14% $0.00 25.4K Feb 17, 2024 Common Stock 3.85K 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.