FRIEDERY JOHN R 4
4 · FLOWSERVE CORP · Filed May 30, 2023
Insider Transaction Report
Form 4
FRIEDERY JOHN R
Director
Transactions
- Award
Common Stock
2023-05-25$33.68/sh+4,453$149,977→ 23,855 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 Long-Term Incentive Plan. The shares vest on May 25, 2024.
- [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.