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FLOWSERVE CORP — Director's Dealing 2006
Jul 19, 2006
30825_dirs_2006-07-19_f2387442-694e-48eb-901a-9602da91aa03.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: 2006-07-15
Reporting Person: Pajonas Thomas L (VP & Pres. Flow Control Div.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2006-07-15 | Common Stock ($1.25 par value per share) | F | 618 | $53.00 | Disposed | 46614 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock ($1.25 par value per share) | 114.92 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (right-to-buy) | $22.90 | 2014-07-15 | Common Stock (11000) | 11000 | Direct |
| Stock Option (right-to-buy) | $24.90 | 2015-02-16 | Common Stock (11000) | 11000 | Direct |
| Stock Option (right-to-buy) | $27.97 | 2015-04-20 | Common Stock (15000) | 15000 | Direct |
| Stock Option (right-to-buy) | $30.95 | 2015-07-13 | Common Stock (25000) | 25000 | Direct |
Footnotes
F1: 7,333 option shares are vested and exercisable and the remaining 3,667 option shares vest on July 15, 2007.
F2: 3,667 option shares are vested and exercisable and the remaining 7,333 option shares vest as follows: 3,666 shares on February 16, 2007 and 3,667 shares on February 16, 2008.
F3: 5,000 shares are vested and exercisable and the remaining 10,000 option shares vest in two equal annual installments on April 20, 2007 and April 20, 2008.
F4: 8,334 option shares are vested and exercisable and the remaining 16,666 option shares vest in two equal annual installments on July 13, 2007 and July 13, 2008.