RUBY R. CHANDY - 06 Nov 2024 Form 4 Insider Report for FLOWSERVE CORP (FLS)

Role
Director
Signature
/s/ Shakeeb U. Mir, attorney-in-fact
Issuer symbol
FLS
Transactions as of
06 Nov 2024
Net transactions value
+$6,102
Form type
4
Filing time
06 Nov 2024, 17:18:12 UTC
Previous filing
01 Aug 2024
Next filing
24 Feb 2025
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FLS Phantom Stock Award $6,102 +103 +0.35% $59.24 29,594 06 Nov 2024 Common Stock 103 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of phantom stock is the economic equivalent of one share of common stock, and represents director compensation deferred in the form of common stock pursuant to the issuer's deferred compensation plan.
F2 The shares of phantom stock become payable in the form of common stock upon the reporting person's termination of service as a member of the issuer's board of directors.