MILLS RICK J 4
4 · FLOWSERVE CORP · Filed May 21, 2018
Insider Transaction Report
Form 4
MILLS RICK J
Director
Transactions
- Award
Phantom Stock
2018-05-17$44.08/sh+652$28,740→ 55,289 total→ Common Stock (652 underlying)
Footnotes (2)
- [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.