Susan Claire Hudson - 15 Feb 2024 Form 4 Insider Report for FLOWSERVE CORP (FLS)

Role
Chief Legal Officer
Signature
/s/ Shakeeb U. Mir, attorney-in-fact
Issuer symbol
FLS
Transactions as of
15 Feb 2024
Net transactions value
-$96,699
Form type
4
Filing time
20 Feb 2024, 16:29:40 UTC
Previous filing
13 Feb 2024
Next filing
24 May 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 +1,348 +25% $0.000000 6,712 15 Feb 2024 Direct
transaction FLS Common Stock Tax liability $24,155 -562 -8.4% $42.98 6,150 15 Feb 2024 Direct
transaction FLS Common Stock Options Exercise $0 +1,071 +17% $0.000000 7,221 16 Feb 2024 Direct
transaction FLS Common Stock Tax liability $18,619 -434 -6% $42.90 6,787 16 Feb 2024 Direct
transaction FLS Common Stock Options Exercise $0 +3,193 +47% $0.000000 9,980 17 Feb 2024 Direct
transaction FLS Common Stock Tax liability $53,925 -1,257 -13% $42.90 8,723 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 -1,284 -5.3% $0.000000 22,752 15 Feb 2024 Common Stock 1,284 Direct F1
transaction FLS Restricted Stock Units Options Exercise $0 -997 -4.4% $0.000000 21,755 16 Feb 2024 Common Stock 997 Direct F1
transaction FLS Restricted Stock Units Options Exercise $0 -3,124 -14% $0.000000 18,631 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.