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Filing Details

Accession Number:
0000030625-19-000051
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-06-07 18:22:09
Reporting Period:
2019-06-07
Accepted Time:
2019-06-07 18:22:09
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
30625 Flowserve Corp FLS Pumps & Pumping Equipment (3561) 310267900
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1696627 John Lenander 5215 North O'connor Blvd Suite 2300
Irving TX 75039
President, Fco No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2019-06-07 5,761 $49.32 16,568 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Performance Rights $0.00 22,250 22,250 Direct
Common Stock Restricted Stock Units $0.00 16,330 16,330 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
22,250 22,250 Direct
16,330 16,330 Direct
Footnotes
  1. The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $49.30 to $49.33, inclusive. The reporting person undertakes to provide Flowserve Corporation, any security holder of Flowserve Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
  2. Each performance right represents a contingent right to receive one share of the issuer's common stock at vesting. The performance rights vest at a rate between 0% and 200%.
  3. 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.