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FLOWSERVE CORP Director's Dealing 2009

Aug 6, 2009

30825_dirs_2009-08-05_3706fed0-6de7-46e7-b481-23b4d1542630.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: 2009-08-04

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2009-08-04 Common Stock ($1.25 par value per share) M 2984 $24.90 Acquired 112971 Indirect
2009-08-04 Common Stock ($1.25 par value per share) M 3667 $30.95 Acquired 116638 Indirect
2009-08-04 Common Stock ($1.25 par value per share) M 23249 $33.86 Acquired 139887 Indirect
2009-08-04 Common Stock ($1.25 par value per share) S 500 $84.86 Disposed 139387 Indirect
2009-08-04 Common Stock ($1.25 par value per share) S 72574 $85.641 Disposed 66813 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2009-08-04 Stock Option (right-to-buy) $30.95 M 3667 Disposed 2015-07-13 Common Stock (3667) Indirect
2009-08-04 Stock Option (right-to-buy) $33.86 M 23249 Disposed 2015-07-28 Common Stock (23249) Indirect
2009-08-04 Stock Option (right-to-buy) $24.90 M 2984 Disposed 2015-02-16 Common Stock (2984) Indirect

Footnotes

F1: The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $84.805 to $84.98, 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 ranges reported in these footnotes.

F2: The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $85.033 to $86.02, inclusive.