Amy B. Schwetz - 15 Feb 2024 Form 4 Insider Report for FLOWSERVE CORP (FLS)

Role: Chief Financial Officer
Signature: /s/ Shakeeb U. Mir, attorney-in-fact
Issuer symbol: FLS
Transactions as of: 15 Feb 2024
Net transactions value: -$663,555
Form type: 4
Filing time: 20 Feb 2024, 16:27:30 UTC
Previous filing: 13 Feb 2024
Next filing: 19 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	+8,830	+19%	$0.000000	56,090	15 Feb 2024	Direct
transaction	FLS	Common Stock	Tax liability	$149,356	-3,475	-6.2%	$42.98	52,615	15 Feb 2024	Direct
transaction	FLS	Common Stock	Options Exercise	$0	+14,252	+27%	$0.000000	66,867	16 Feb 2024	Direct
transaction	FLS	Common Stock	Tax liability	$240,626	-5,609	-8.4%	$42.90	61,258	16 Feb 2024	Direct
transaction	FLS	Common Stock	Options Exercise	$0	+7,362	+12%	$0.000000	68,620	16 Feb 2024	Direct
transaction	FLS	Common Stock	Tax liability	$124,281	-2,897	-4.2%	$42.90	65,723	16 Feb 2024	Direct
transaction	FLS	Common Stock	Options Exercise	$0	+8,842	+13%	$0.000000	74,565	17 Feb 2024	Direct
transaction	FLS	Common Stock	Tax liability	$149,292	-3,480	-4.7%	$42.90	71,085	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	-8,407	-9.6%	$0.000000	78,807	15 Feb 2024	Common Stock	8,407		Direct	F1
transaction	FLS	Restricted Stock Units	Options Exercise	$0	-13,273	-17%	$0.000000	65,534	16 Feb 2024	Common Stock	13,273		Direct	F1, F2
transaction	FLS	Restricted Stock Units	Options Exercise	$0	-6,857	-10%	$0.000000	58,677	16 Feb 2024	Common Stock	6,857		Direct	F1
transaction	FLS	Restricted Stock Units	Options Exercise	$0	-8,650	-15%	$0.000000	50,027	17 Feb 2024	Common Stock	8,650		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.