FLOWSERVE CORP — Director's Dealing 2006

Dec 18, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FLOWSERVE CORP (FLS)
CIK: 0000030625
Period of Report: 2006-12-14

Reporting Person: BLINN MARK A (SVP & Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-12-14	Common Stock ($1.25 par value per share)	A	30000	$0.00	Acquired	84369	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-12-14	Stock Option (right-to-buy)	$52.25	A	30000	Acquired	2016-12-14	Common Stock (30000)	Direct

Footnotes

F1: The option vests on December 14, 2009.