FLOWSERVE CORP — Director's Dealing 2009

Aug 10, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FLOWSERVE CORP (FLS)
CIK: 0000030625
Period of Report: 2009-08-07

Reporting Person: FERGUSON THOMAS E (SVP & Pres Flowserve Pump Div.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-08-07	Common Stock ($1.25 par value per share)	M	5867	$48.17	Acquired	47077	Direct
2009-08-07	Common Stock ($1.25 par value per share)	M	4000	$24.90	Acquired	51077	Direct
2009-08-07	Common Stock ($1.25 par value per share)	S	4992	$88.649	Disposed	46085	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-08-07	Stock Option (right-to-buy)	$48.17	M	5867	Disposed	2016-02-15	Common Stock (5867)	Direct
2009-08-07	Stock Option (right-to-buy)	$24.90	M	4000	Disposed	2015-02-16	Common Stock (4000)	Direct

Footnotes

F1: The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $88.59 to $88.74, inclusive. The reporting person undertakes to provide to Flowserve Corporation, any security holder of Flowserve Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.