Ruby R. Chandy - 12 May 2022 Form 4 Insider Report for FLOWSERVE CORP (FLS)

Reporting relationship: Director
Issuer ticker: FLS
Reported as of: 12 May 2022
Net transaction value: +$149,997
SEC form: 4
Accepted by SEC: 13 May 2022, 16:26:30 UTC
Prior SEC filing: 02 Mar 2022
Next SEC filing: 20 May 2022
Source filing: View source filing
Reporting owner signature: /s/ Shakeeb U. Mir, attorney-in-fact

Key filing fact

Ruby R. Chandy filed Form 4 for FLOWSERVE CORP (FLS) on 13 May 2022.

Key facts

This page summarizes Ruby R. Chandy's Form 4 filing for FLOWSERVE CORP (FLS).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 13 May 2022, 16:26.

Change

Previous filing in this sequence was filed on 02 Mar 2022.
Current net transaction value: +$149,997.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

FLS transaction Derivative

Phantom Stock

Award

Transaction value: $149,997
Shares: +5,151
Change %: +33%
Price: $29.12
Shares after: 20,786
Date: 12 May 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,151
Exercise price
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Each share of phantom stock is the economic equivalent of one share of common stock, and represents director compensation deferred in the form of common stock pursuant to the issuer's deferred compensation plan.

Footnote F2

The shares of phantom stock become payable in the form of common stock upon the reporting person's termination of service as a member of the issuer's board of directors.