Sujeet Chand - May 12, 2022 Form 4 Insider Report for FLOWSERVE CORP (FLS)

Role: Director
Signature: /s/ Shakeeb U. Mir, attorney-in-fact
Stock symbol: FLS
Transactions as of: May 12, 2022
Transactions value $: $149,997
Form type: 4
Date filed: 5/13/2022, 04:33 PM
Previous filing: Dec 14, 2021
Next filing: May 17, 2022
SEC: View on sec.gov

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	Phantom Stock	Award	$150K	+5.15K	+51.82%	$29.12	15.1K	May 12, 2022	Common Stock	5.15K		Direct	F1, F2

Showing 1 to 1 of 1 entries

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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.
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.