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FLOWSERVE CORP Director's Dealing 2007

Nov 9, 2007

30825_dirs_2007-11-08_3a15ea04-0c17-47ac-b34c-d0000c021a04.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: 2007-11-06

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-11-06	Common Stock ($1.25 par value per share)	M	1301	$24.90	Acquired	95370	Direct
2007-11-06	Common Stock ($1.25 par value per share)	S	1301	$91.70	Disposed	94069	Direct
2007-11-06	Common Stock ($1.25 par value per share)	M	2500	$27.97	Acquired	96569	Direct
2007-11-08	Common Stock ($1.25 par value per share)	S	2500	$91.70	Disposed	94069	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-11-06	Stock Option (right-to-buy)	$27.97	M	2500	Disposed	2015-04-20	Common Stock (2500)	Direct
2007-11-06	Stock Option (right-to-buy)	$24.90	M	1301	Disposed	2015-02-16	Common Stock (1301)	Direct

Footnotes

F1: Option shares are fully vested and exercisable.