FLOWSERVE CORP — Director's Dealing 2008

Mar 11, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FLOWSERVE CORP (FLS)
CIK: 0000030625
Period of Report: 2008-03-07

Reporting Person: KLING LEWIS M (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-03-07	Common Stock ($1.25 par value per share)	A	21740	$0.00	Acquired	42452	Direct

Footnotes

F1: These shares represent a grant of restricted common stock in accordance with the issuer's annual stock compensation grant for employees. The shares will vest over a three year period, with a third of the shares vesting each year on the anniversary of the grant date.