Home/Filings/4/0000030625-17-000083
4//SEC Filing

FLOWSERVE CORP 4

Accession 0000030625-17-000083

$FLSCIK 0000030625operating

Filed

Apr 6, 8:00 PM ET

Accepted

Apr 7, 5:30 PM ET

Size

8.6 KB

Accession

0000030625-17-000083

Insider Transaction Report

Form 4
Period: 2017-03-28
Jackson Kim
President, EPO
Transactions
  • Exercise/Conversion

    Common Stock

    2017-03-28+79710,174 total
  • Exercise/Conversion

    Performance Rights

    2017-03-2871016,315 total
    Common Stock (710 underlying)
  • Tax Payment

    Common Stock

    2017-03-28$47.18/sh218$10,2859,956 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 109% (plus dividends accrued on the underlying shares) based on: 1) the issuer's average return on net assets ("RONA") and 2) the issuer's growth in bookings as compared to GDP growth of countries in the Organisation for Economic Co-operation and Development during a three-year performance cycle beginning on January 1, 2014 and ending on December 31, 2016.

Issuer

FLOWSERVE CORP

CIK 0000030625

Entity typeoperating
IncorporatedNY

Related Parties

1
  • filerCIK 0000030625

Filing Metadata

Form type
4
Filed
Apr 6, 8:00 PM ET
Accepted
Apr 7, 5:30 PM ET
Size
8.6 KB