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FLOWSERVE CORP Director's Dealing 2006

Nov 15, 2006

30825_dirs_2006-11-15_bd134c13-da90-4769-99a0-955351cb3ddd.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FLOWSERVE CORP (FLS)
CIK: 0000030625
Period of Report: 2006-11-14

Reporting Person: HAYMAKER GEORGE T (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2006-11-14 Common Stock ($1.25 par value per share) M 2200 $13.125 Acquired 2200 Direct
2006-11-14 Common Stock ($1.25 par value per share) M 1700 $25.69 Acquired 3900 Direct
2006-11-14 Common Stock ($1.25 par value per share) M 1700 $32.12 Acquired 5600 Direct
2006-11-14 Common Stock ($1.25 par value per share) M 1700 $14.29 Acquired 7300 Direct
2006-11-14 Common Stock ($1.25 par value per share) S 7300 $52.5844 Disposed 0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2006-11-14 Stock Option (right-to-buy) $13.125 M 2200 Disposed 2010-04-20 Common Stock (2200) Direct
2006-11-14 Stock Option (right-to-buy) $25.69 M 1700 Disposed 2011-04-19 Common Stock (1700) Direct
2006-11-14 Stock Option (right-to-buy) $32.12 M 1700 Disposed 2012-04-18 Common Stock (1700) Direct
2006-11-14 Stock Option (right-to-buy) $14.29 M 1700 Disposed 2013-04-21 Common Stock (1700) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock ($1.25 par value per share) 28356 Indirect
Common Stock ($1.25 par value per share) 5300 Indirect

Footnotes

F1: All of the option shares are fully vested and exercisable.