Kirk Wilson - 15 Feb 2024 Form 4 Insider Report for FLOWSERVE CORP (FLS)

Signature
Shakeeb Mir, attorney-in-fact
Issuer symbol
FLS
Transactions as of
15 Feb 2024
Net transactions value
-$238,831
Form type
4
Filing time
20 Feb 2024, 16:25:05 UTC
Previous filing
13 Feb 2024
Next filing
26 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLS Common Stock Options Exercise $0 +3,114 +5.4% $0.000000 60,838 15 Feb 2024 Direct
transaction FLS Common Stock Tax liability $49,556 -1,153 -1.9% $42.98 59,685 15 Feb 2024 Direct
transaction FLS Common Stock Options Exercise $0 +5,699 +9.5% $0.000000 65,384 16 Feb 2024 Direct
transaction FLS Common Stock Tax liability $96,225 -2,243 -3.4% $42.90 63,141 16 Feb 2024 Direct
transaction FLS Common Stock Options Exercise $0 +2,764 +4.4% $0.000000 65,905 16 Feb 2024 Direct
transaction FLS Common Stock Tax liability $43,887 -1,023 -1.6% $42.90 64,882 16 Feb 2024 Direct
transaction FLS Common Stock Options Exercise $0 +3,096 +4.8% $0.000000 67,978 17 Feb 2024 Direct
transaction FLS Common Stock Tax liability $49,163 -1,146 -1.7% $42.90 66,832 17 Feb 2024 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 -3,057 -9.7% $0.000000 28,506 15 Feb 2024 Common Stock 3,057 Direct F1
transaction FLS Restricted Stock Units Options Exercise $0 -5,307 -19% $0.000000 23,199 16 Feb 2024 Common Stock 5,307 Direct F1, F2
transaction FLS Restricted Stock Units Options Exercise $0 -2,653 -11% $0.000000 20,546 16 Feb 2024 Common Stock 2,653 Direct F1
transaction FLS Restricted Stock Units Options Exercise $0 -3,124 -15% $0.000000 17,422 17 Feb 2024 Common Stock 3,124 Direct F1
* 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 Each restricted stock unit represents the right to receive, at settlement, one share of common stock (plus dividends accrued on the underlying shares). The restricted stock units vest over a three-year period, with one-third vesting on the second anniversary of the grant and the remaining two-thirds vesting on the third anniversary of the grant.