DAILEY MARK D 4
4 · FLOWSERVE CORP · Filed Mar 26, 2013
Insider Transaction Report
Form 4
DAILEY MARK D
SVP HR & Chief Compliance Ofcr
Transactions
- Exercise/Conversion
Performance Rights
2013-03-22−3,420→ 0 totalExp: 2012-12-31→ Common Stock (3,420 underlying) - Exercise/Conversion
Common Stock ($1.25 par value per share)
2013-03-22+7,088→ 17,623 total - Tax Payment
Common Stock ($1.25 par value per share)
2013-03-22$165.72/sh−2,759$457,221→ 14,864 total
Footnotes (1)
- [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.