FLOWSERVE CORP 4
4 · FLOWSERVE CORP · Filed May 19, 2016
Insider Transaction Report
Form 4
FRIEDERY JOHN R
Director
Transactions
- Award
Phantom Stock
2016-05-19$44.91/sh+2,783$124,985→ 42,018 total→ Common Stock (2,783 underlying)
Footnotes (2)
- [F1]Represents the annual restricted stock grant for the director under the Flowserve Equity and Incentive Compensation Plan. The shares vest on May 19, 2017.
- [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.