FLOWSERVE CORP — Director's Dealing 2013

Mar 26, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FLOWSERVE CORP (FLS)
CIK: 0000030625
Period of Report: 2013-03-22

Reporting Person: Pajonas Thomas L (SVP, Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-03-22	Common Stock ($1.25 par value per share)	M	8249	—	Acquired	55403	Direct
2013-03-22	Common Stock ($1.25 par value per share)	F	3461	$165.72	Disposed	51942	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-03-22	Performance Rights	$	M	3980	Disposed	2012-12-31	Common Stock (3980.0)	Direct

Footnotes

F1: Each performance right represented a contingent right to receive one share of the issuer's common stock at vesting. The performance rights vested at a rate of 200% (plus dividends accrued on the underlying shares) based on the issuer's average return on net assets ("RONA") during a three-year performance cycle beginning on January 1, 2010 and ending on December 31, 2012 in comparison to the average RONA of a predetermined peer group over the same performance cycle.