Susan Claire Hudson - 16 Feb 2023 Form 4/A - Amendment Insider Report for FLOWSERVE CORP (FLS)

Signature
/s/ Shakeeb U. Mir, attorney-in-fact
Issuer symbol
FLS
Transactions as of
16 Feb 2023
Net transactions value
-$11,218
Form type
4/A - Amendment
Filing time
23 Feb 2023, 16:04:10 UTC
Date Of Original Report
21 Feb 2023
Previous filing
23 Feb 2023
Next filing
22 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLS Common Stock Options Exercise $0 +1,047 +28% $0.000000 4,758 16 Feb 2023 Direct
transaction FLS Common Stock Tax liability $11,218 -311 -6.5% $36.07 4,447 16 Feb 2023 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 -997 -6% $0.000000 15,616 16 Feb 2023 Common Stock 997 Direct F1, F2
* 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.
F2 This Form 4 corrects an inadvertent error in the number of restricted stock units originally reported as disposed of by the officer.