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FLOWSERVE CORP Director's Dealing 2011

May 11, 2011

30825_dirs_2011-05-11_f9f4a554-7330-4eb6-89ae-7b5187d4d005.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: 2011-05-10

Reporting Person: SHUFF RONALD F (SVP, Sec. and Gen. Counsel)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-05-10 Common Stock ($1.25 par value per share) S 2387 $124.0155 Disposed 10730 Direct
2011-05-10 Common Stock ($1.25 par value per share) S 1200 $125.3099 Disposed 9530 Direct
2011-05-10 Common Stock ($1.25 par value per share) S 800 $125.8237 Disposed 8730 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock ($1.25 par value per share) 30123 Indirect

Footnotes

F1: The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $123.55 to $124.40, inclusive. The reporting person undertakes to provide 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.

F2: The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $124.66 to $125.65, inclusive. The reporting person undertakes to provide 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.

F3: The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $125.69 to $125.91, inclusive. The reporting person undertakes to provide 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.