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FLOWSERVE CORP Director's Dealing 2018

Jan 2, 2018

30825_dirs_2018-01-02_3a00d34b-0d64-41b3-9283-5156247dfa25.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: 2017-12-29

Reporting Person: Pajonas Thomas L (EVP)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-12-29 Common Stock ($1.25 par value per share) M 51925 Acquired 111845 Direct
2017-12-29 Common Stock ($1.25 par value per share) F 24689 $42.13 Disposed 87156 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-12-29 Performance Rights $ M 50000 Disposed Common Stock (50000.0) 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 100% (plus dividends accrued on the underlying shares) based on meeting succession planning objectives in connection with Mr. Pajonas' retirement.