Lanesha Minnix - Feb 27, 2022 Form 4 Insider Report for FLOWSERVE CORP (FLS)

Role
SVP, Chief Legal Officer
Signature
/s/ Shakeeb U. Mir, attorney-in-fact
Stock symbol
FLS
Transactions as of
Feb 27, 2022
Transactions value $
-$28,537
Form type
4
Date filed
3/1/2022, 04:04 PM
Previous filing
Feb 22, 2022
Next filing
May 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLS Common Stock Options Exercise $0 +2.56K +17.34% $0.00 17.3K Feb 27, 2022 Direct
transaction FLS Common Stock Tax liability -$28.5K -956 -5.53% $29.85 16.3K Feb 27, 2022 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 -2.39K -8.42% $0.00 26K Feb 27, 2022 Common Stock 2.39K 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.