FRIEDERY JOHN R 4
4 · FLOWSERVE CORP · Filed May 29, 2018
Insider Transaction Report
Form 4
FRIEDERY JOHN R
Director
Transactions
- Award
Common Stock
2018-05-24$43.19/sh+2,894$124,992→ 5,468 total
Holdings
- 43,125
Phantom Stock
→ Common Stock (43,125 underlying)
Footnotes (3)
- [F1]Represents the annual restricted stock grant for the director under the Flowserve Equity and Incentive Compensation Plan. The shares vest on May 24, 2019.
- [F2]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.
- [F3]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.