Scott K. Vopni - 15 Feb 2023 Form 4/A - Amendment Insider Report for FLOWSERVE CORP (FLS)

Signature
/s/ Shakeeb Mir
Issuer symbol
FLS
Transactions as of
15 Feb 2023
Net transactions value
-$31,495
Form type
4/A - Amendment
Filing time
23 Feb 2023, 16:09:06 UTC
Date Of Original Report
17 Feb 2023
Previous filing
17 Feb 2022
Next filing
23 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLS Common Stock Options Exercise $0 +2,924 +201% $0.000000 4,382 15 Feb 2023 Direct
transaction FLS Common Stock Tax liability $31,495 -857 -20% $36.75 3,525 15 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 Award $0 +8,333 +62% $0.000000 21,784 17 Feb 2023 Common Stock 8,333 Direct F1
transaction FLS Restricted Stock Units Options Exercise $0 -2,845 -13% $0.000000 18,871 15 Feb 2023 Common Stock 2,845 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.