Gayla J. Delly - May 16, 2024 Form 4 Insider Report for FLOWSERVE CORP (FLS)

Role
Director
Signature
/s/ Shakeeb U. Mir, attorney-in-fact
Stock symbol
FLS
Transactions as of
May 16, 2024
Transactions value $
$159,986
Form type
4
Date filed
5/17/2024, 04:11 PM
Previous filing
Apr 29, 2024
Next filing
Sep 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLS Common Stock Award $160K +3.21K +17.46% $49.84 21.6K May 16, 2024 Direct F1

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
holding FLS Phantom Stock 46K May 16, 2024 Common Stock 46K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the annual restricted stock grant for the director under the Flowserve Long-Term Incentive Plan. The shares vest on May 16, 2025.
F2 Each share of phantom stock is the economic equivalent of one share of common stock, and represents director compensation deferred in the form of common stock pursuant to the issuer's deferred compensation plan.
F3 The shares of phantom stock become payable in the form of common stock upon the reporting person's termination of service as a member of the issuer's board of directors.