FLOWSERVE CORP — Director's Dealing 2004

Feb 19, 2004

SEC Form 4/A — Form 4/A

Issuer: FLOWSERVE CORP (FLS)
CIK: 0000030625
Period of Report: 2003-07-17

Reporting Person: JACKO JOHN H (Vice President - Marketing)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-07-17	Common Stock ($1.25 par value per share)	A	7500	$19.15	Acquired	10000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-07-17	Stock Option (right-to-buy)	$19.15	A	7500	Acquired	2013-07-17	Common Stock (7500)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option (right-to-buy)	$24.84	2012-07-17	Common Stock (3000)	3000	Direct

Footnotes

F1: Amount reported includes 2,500 shares of restricted stock awarded under the Issuer's 1998 Restricted Stock Plan and 7,500 Restricted Stock Units awarded under the Issuer's 2002 Restricted Stock Unit Plan. Both grants are subject to vesting requirements.

F2: One-half vests on July 17, 2008; the remainder vests on July 17, 2013.

F3: The option shall vest and be exercisable as to 1,000 shares on July 17, 2003; an additional 1,000 shares on July 17, 2004 and the remaining 1,000 shares on July 15, 2005.