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FLOWSERVE CORP — Director's Dealing 2006
Jul 11, 2006
30825_dirs_2006-07-11_a1f629c4-f1ea-4846-9df8-3c1e86f4e376.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: 2006-07-09
Reporting Person: KLING LEWIS M (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2006-07-09 | Common Stock ($1.25 par value per share) | F | 729 | $55.35 | Disposed | 159424 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock ($1.25 par value per share) | 724.72 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (right-to-buy) | $23.27 | 2014-07-09 | Common Stock (75000) | 75000 | Direct |
| Stock Option (right-to-buy) | $24.90 | 2015-02-16 | Common Stock (21000) | 21000 | Direct |
| Stock Option (right-to-buy) | $30.95 | 2015-07-13 | Common Stock (11000) | 11000 | Direct |
| Stock Option (right-to-buy) | $33.86 | 2015-07-28 | Common Stock (69748) | 69748 | Direct |
| Stock Option (right-to-buy) | $48.17 | 2016-02-15 | Common Stock (90000) | 90000 | Direct |
Footnotes
F1: The option shares vest and become exercisable on July 9, 2007.
F2: The option shares vest and become exercisable in three equal annual installments on February 16, 2006; February 16, 2007 and February 16, 2008.
F3: The option shares vest and become exercisable in three equal annual installments on July 14, 2006, July 14, 2007 and July 14, 2008.
F4: The option shares vest and become exercisable in three equal annual installments on July 28, 2006, July 28, 2007 and July 28, 2008.
F5: The option shares vest and become exercisable in three equal annual installments on February 16, 2007, February 16, 2008 and February 16, 2009.