Elizabeth Burger - Feb 15, 2024 Form 4 Insider Report for FLOWSERVE CORP (FLS)

Role
Chief Human Resources Officer
Signature
/s/ Shakeeb U. Mir, attorney-in-fact
Stock symbol
FLS
Transactions as of
Feb 15, 2024
Transactions value $
-$342,117
Form type
4
Date filed
2/20/2024, 04:25 PM
Previous filing
Feb 13, 2024
Next filing
Mar 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction FLS Common Stock +Options Exercise $0 +3,746 +9.87% $0.00 41,701 Feb 15, 2024 Direct
transaction FLS Common Stock -Tax liability -$63,396 -1,475 -3.54% $42.98 40,226 Feb 15, 2024 Direct
transaction FLS Common Stock +Options Exercise $0 +9,499 +23.61% $0.00 49,725 Feb 16, 2024 Direct
transaction FLS Common Stock -Tax liability -$160,360 -3,738 -7.52% $42.90 45,987 Feb 16, 2024 Direct
transaction FLS Common Stock +Options Exercise $0 +3,325 +7.23% $0.00 49,312 Feb 16, 2024 Direct
transaction FLS Common Stock -Tax liability -$56,156 -1,309 -2.65% $42.90 48,003 Feb 16, 2024 Direct
transaction FLS Common Stock +Options Exercise $0 +3,684 +7.67% $0.00 51,687 Feb 17, 2024 Direct
transaction FLS Common Stock -Tax liability -$62,205 -1,450 -2.81% $42.90 50,237 Feb 17, 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 -3,567 -12.03% $0.00 26,091 Feb 15, 2024 Common Stock 3,567 Direct F1
transaction FLS Restricted Stock Units -Options Exercise $0 -8,847 -33.91% $0.00 17,244 Feb 16, 2024 Common Stock 8,847 Direct F1, F2
transaction FLS Restricted Stock Units -Options Exercise $0 -3,097 -17.96% $0.00 14,147 Feb 16, 2024 Common Stock 3,097 Direct F1
transaction FLS Restricted Stock Units -Options Exercise $0 -3,604 -25.48% $0.00 10,543 Feb 17, 2024 Common Stock 3,604 Direct F1

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.