Lamar L. Duhon - 15 Feb 2024 Form 4 Insider Report for FLOWSERVE CORP (FLS)

Role
President, FPD
Signature
/s/ Shakeeb Mir, attorney-in-fact
Issuer symbol
FLS
Transactions as of
15 Feb 2024
Net transactions value
-$115,833
Form type
4
Filing time
20 Feb 2024, 16:28:00 UTC
Previous filing
13 Feb 2024
Next filing
18 Feb 2025
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 +2,809 +145% $0.000000 4,743 15 Feb 2024 Direct
transaction FLS Common Stock Tax liability $47,579 -1,107 -23% $42.98 3,636 15 Feb 2024 Direct
transaction FLS Common Stock Options Exercise $0 +3,930 +108% $0.000000 7,566 17 Feb 2024 Direct
transaction FLS Common Stock Tax liability $68,254 -1,591 -21% $42.90 5,975 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 -2,675 -8.4% $0.000000 29,257 15 Feb 2024 Common Stock 2,675 Direct F1
transaction FLS Restricted Stock Units Options Exercise $0 -3,845 -13% $0.000000 25,412 17 Feb 2024 Common Stock 3,845 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.