Lanesha Minnix - 11 Jun 2021 Form 4 Insider Report for FLOWSERVE CORP (FLS)

Role: SVP, Chief Legal Officer
Signature: /s/ Akshar C. Patel, attorney-in-fact
Issuer symbol: FLS
Transactions as of: 11 Jun 2021
Net transactions value: -$46,590
Form type: 4
Filing time: 15 Jun 2021, 06:02:35 UTC
Next filing: 17 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FLS	Common Stock	Options Exercise	$0	+2,839	+35%	$0.000000	10,857	11 Jun 2021	Direct
transaction	FLS	Common Stock	Tax liability	$46,590	-1,084	-10%	$42.98	9,773	11 Jun 2021	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	-2,666	-11%	$0.000000	21,544	11 Jun 2021	Common Stock	2,666		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.