Home > Insider Trading > Filing (0000030625-19-000051)

Filing Details

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

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.
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%.
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.