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FLOWSERVE CORP — Director's Dealing 2006
Feb 21, 2006
30825_dirs_2006-02-21_8f4e3975-ecc0-4a7e-978f-078f3610e14f.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: 2006-02-16
Reporting Person: Guiltinan Richard J JR (VP,Controller,ChiefAcctOfficer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2006-02-16 | Common Stock ($1.25 par value per share) | F | 382 | $48.99 | Disposed | 22655 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock ($1.25 par value per share) | 48 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock option (right-to-buy) | $22.90 | 2014-07-15 | Common Stock (4300) | 4300 | Direct |
| Stock Option (right-to-buy) | $24.90 | 2015-02-16 | Common Stock (4500) | 4500 | Direct |
| Stock Option (right-to-buy) | $27.97 | 2015-04-20 | Common Stock (5000) | 5000 | Direct |
| Stock Option (right-to-buy) | $30.95 | 2015-07-13 | Common Stock (9500) | 9500 | Direct |
Footnotes
F1: The option shares vest in three (3) equal annual installments commencing on July 15, 2005, with the remaining thirds vesting on July 15, 2006 and July 15, 2007, respectively.
F2: The option shares vest and become exercisable in three (3) equal annual installments commencing on February 16, 2006, February 16, 2007 and February 16, 2008, respectively.
F3: The option shares vest and become exercisable in three (3) equal annual installments commencing on April 20, 2006, April 20, 2007 and April 20, 2008, respectively.
F4: The option shares vest and become exercisable in three (3) equal annual installments commencing on July 14, 2006, July 14, 2007 and July 14, 2008, respectively.