Key facts
- This page summarizes Keith E. Gillespie's Form 4/A - Amendment filing for FLOWSERVE CORP (FLS).
- 9 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 23 Feb 2023, 16:03.
Keith E. Gillespie - 16 Feb 2023 Form 4/A - Amendment Insider Report for FLOWSERVE CORP (FLS)
- Reporting relationship
- SVP, Chief Sales Officer
- Issuer ticker
- FLS
- Reported as of
- 16 Feb 2023
- Net transaction value
- -$58,542
- SEC form
- 4/A - Amendment
- Accepted by SEC
- 23 Feb 2023, 16:03:02 UTC
- Original report date
- 21 Feb 2023
- Prior SEC filing
- 23 Feb 2023
- Next SEC filing
- 22 Feb 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Shakeeb U. Mir, attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
6 source fields
Reporting owner
1 detail
Key filing fact
Keith E. Gillespie filed Form 4/A - Amendment for FLOWSERVE CORP (FLS) on 23 Feb 2023.
Change
- Previous filing in this sequence was filed on 23 Feb 2023.
- Current net transaction value: -$58,542.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4/A - Amendment disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
FLS
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +1,092
- Change %
- +1.5%
- Price
- $0.000000
- Shares after
- 74,822
- Date
- 16 Feb 2023
- Ownership
- Direct
- Footnotes
- F1
FLS
transaction
Common Stock
Tax liability
- Transaction value
- $9,595
- Shares
- -266
- Change %
- -0.36%
- Price
- $36.07
- Shares after
- 74,556
- Date
- 16 Feb 2023
- Ownership
- Direct
FLS
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +2,787
- Change %
- +3.7%
- Price
- $0.000000
- Shares after
- 77,343
- Date
- 16 Feb 2023
- Ownership
- Direct
FLS
transaction
Common Stock
Tax liability
- Transaction value
- $24,455
- Shares
- -678
- Change %
- -0.88%
- Price
- $36.07
- Shares after
- 76,665
- Date
- 16 Feb 2023
- Ownership
- Direct
FLS
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +2,787
- Change %
- +3.6%
- Price
- $0.000000
- Shares after
- 79,452
- Date
- 16 Feb 2023
- Ownership
- Direct
FLS
transaction
Common Stock
Tax liability
- Transaction value
- $24,492
- Shares
- -679
- Change %
- -0.85%
- Price
- $36.07
- Shares after
- 78,773
- Date
- 16 Feb 2023
- Ownership
- Direct
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
FLS
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -2,653
- Change %
- -12%
- Price
- $0.000000
- Shares after
- 18,814
- Date
- 16 Feb 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 2,653
- Exercise price
- Footnotes
- F2, F3
FLS
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -2,653
- Change %
- -14%
- Price
- $0.000000
- Shares after
- 16,161
- Date
- 16 Feb 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 2,653
- Exercise price
- Footnotes
- F2, F3
FLS
transaction
Derivative
Performance Rights
Options Exercise
- Transaction value
- $0
- Shares
- -6,310
- Change %
- -27%
- Price
- $0.000000
- Shares after
- 17,131
- Date
- 16 Feb 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 6,310
- Exercise price
- Footnotes
- F1
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
Each performance right represented a contingent right to receive one share of the issuer's common stock at vesting. The performance rights vested at a rate of 16% (plus dividends accrued on the underlying shares) based on two factors during the three-year performance cycle beginning on January 1, 2020 and ending on December 31, 2022, which are: 1) the issuer's total shareholder return ("TSR") in comparison to the TSR percentile ranking for companies that comprise the compensation peer group over the performance cycle; and 2) the issuer's return on invested capital ("ROIC") measured against the issuer's targeted ROIC under its operating plan. The performance rights may be settled, at the issuer's discretion, in cash or shares of common stock.
Footnote F2
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.
Footnote F3
This Form 4 corrects an inadvertent error in the number of restricted stock units originally reported as disposed of by the officer.