FLOWSERVE CORP 4
4 · FLOWSERVE CORP · Filed Jun 28, 2017
Insider Transaction Report
Form 4
Roueche John E III
Interim CFO
Transactions
- Award
Restricted Stock Units
2017-06-26+2,500→ 8,240 total→ Common Stock (2,500 underlying)
Footnotes (1)
- [F1]Each restricted stock unit represents the right to receive, at settlement, one share of common stock and are granted to the reporting person pursuant to the issuer's long-term incentive compensation plan for employees. The shares vest ratably over a three-year period on each annual anniversary of the grant and were granted to Mr. Roueche in recognition of his interim assignment as Chief Financial Officer