Kirk Wilson - 15 May 2023 Form 4 Insider Report for FLOWSERVE CORP (FLS)

Signature
Shakeeb Mir, attorney-in-fact
Issuer symbol
FLS
Transactions as of
15 May 2023
Net transactions value
-$10,035
Form type
4
Filing time
17 May 2023, 17:06:34 UTC
Previous filing
22 Feb 2023
Next filing
13 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLS Common Stock Tax liability $10,035 -285 -0.51% $35.21 55,248 15 May 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the applicable award agreements, restricted stock units granted to Mr. Wilson continue to vest over the original vesting period without regard to his continued service once he has attained a minimum age of 55 and has completed 10 years of continuous service with the Company. As a result of Mr. Wilson's having met these age and service requirements, these restricted stock units were forfeited back to the Company to satisfy certain tax requirements attributable to outstanding awards as a result of this provision.