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

Role
Chief Human Resources Officer
Signature
/s/ Shakeeb U. Mir, attorney-in-fact
Issuer symbol
FLS
Transactions as of
15 Feb 2024
Net transactions value
-$342,117
Form type
4
Filing time
20 Feb 2024, 16:25:48 UTC
Previous filing
13 Feb 2024
Next filing
15 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLS Common Stock Options Exercise $0 +3,746 +9.9% $0.000000 41,701 15 Feb 2024 Direct
transaction FLS Common Stock Tax liability $63,396 -1,475 -3.5% $42.98 40,226 15 Feb 2024 Direct
transaction FLS Common Stock Options Exercise $0 +9,499 +24% $0.000000 49,725 16 Feb 2024 Direct
transaction FLS Common Stock Tax liability $160,360 -3,738 -7.5% $42.90 45,987 16 Feb 2024 Direct
transaction FLS Common Stock Options Exercise $0 +3,325 +7.2% $0.000000 49,312 16 Feb 2024 Direct
transaction FLS Common Stock Tax liability $56,156 -1,309 -2.7% $42.90 48,003 16 Feb 2024 Direct
transaction FLS Common Stock Options Exercise $0 +3,684 +7.7% $0.000000 51,687 17 Feb 2024 Direct
transaction FLS Common Stock Tax liability $62,205 -1,450 -2.8% $42.90 50,237 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 -3,567 -12% $0.000000 26,091 15 Feb 2024 Common Stock 3,567 Direct F1
transaction FLS Restricted Stock Units Options Exercise $0 -8,847 -34% $0.000000 17,244 16 Feb 2024 Common Stock 8,847 Direct F1, F2
transaction FLS Restricted Stock Units Options Exercise $0 -3,097 -18% $0.000000 14,147 16 Feb 2024 Common Stock 3,097 Direct F1
transaction FLS Restricted Stock Units Options Exercise $0 -3,604 -25% $0.000000 10,543 17 Feb 2024 Common Stock 3,604 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.