FLOWSERVE CORP 4
4 · FLOWSERVE CORP · Filed Feb 18, 2005
Insider Transaction Report
Form 4
MCNEAL CHERYL D
Vice Presiden-Human Resources
Transactions
- Award
Restricted Common Stock ($1.25 par value per share)
2005-02-16+4,000→ 4,000 totalExercise: $0.00→ Common Stock (4,000 underlying) - Award
Stock Option (right-to-buy)
2005-02-16$24.90/sh+7,000$174,300→ 7,000 totalExercise: $24.90Exp: 2005-02-16→ Common Stock (7,000 underlying)
Holdings
- 7,500
Stock Option (right-to-buy)
Exercise: $30.00From: 1998-10-23Exp: 2007-10-23→ Common Stock (7,500 underlying) - 473
Stock Option (right-to-buy)
Exercise: $18.50From: 1999-11-02Exp: 2008-11-02→ Common Stock (473 underlying) - 3,750
Restricted Common Stock ($1.25 par value per share)
→ Common Stock (3,750 underlying) - 7,800
Stock Option (right-to-buy)
Exercise: $17.81From: 2001-08-22Exp: 2010-08-22→ Common Stock (7,800 underlying) - 8,000
Stock Option (right-to-buy)
Exercise: $27.12From: 2002-07-18Exp: 2011-07-18→ Common Stock (8,000 underlying) - 1,829
Common Stock ($1.25 par value per share)
- 8,480(indirect: See Footnote)
Common Stock ($1.25 par value per share)
- 10,977(indirect: See Footnote)
Common Stock ($1.25 par value per share)
- 2,500
Restricted Common Stock ($1.25 par value per share)
Exercise: $26.50From: 1997-10-23Exp: 2006-10-23→ Common Stock (2,500 underlying) - 4,000
Restricted Common Stock ($1.25 par value per share)
Exercise: $0.00→ Common Stock (4,000 underlying) - 7,000
Stock Option (right-to-buy)
Exercise: $22.90Exp: 2014-07-15→ Common Stock (7,000 underlying)
Footnotes (13)
- [F1]Beneficial interest in Flowserve Corporation Retirement Savings Plan 401(k).
- [F10]Vesting of the shares of Restricted common Stock is contingent upon continued employment with the issuer. An expiration date is not applicable.
- [F11]The option shares vest in three (3) equal annual installments commencing July 15, 2005, and then on July 15, 2006 and July 15, 2007, respectively.
- [F12]One third of the shares of Restricted Common Stock vests on February 16, 2006 and the remaining thirds vests on February 16, 2007 and February 16, 2008, respectively.
- [F13]The option shares vest and become exercisable in three (3) equal annual installments commencing on February 16, 2006, February 16, 2007 and February 16, 2008, respectively.
- [F2]Beneficial interest in Flowserve Corporation Deferred Compensation Plan held in Rabbi Trust.
- [F3]The shares of Restricted Common Stock shall be valued at the fair market value upon each vesting date. A conversion or exercise price is not applicable.
- [F4]The shares of Restricted Common Stock vest on July 21, 2009, if the reporting person is still employed with issuer on such date.
- [F5]The lapse of the restrictions on the shares of Restricted Common Stock is contingent upon continued employment with the Issuer. An expiration date is not applicable.
- [F6]All option shares are vested and exercisable.
- [F7]The option vests in three (3) equal annual installments commencing July 17, 2003.
- [F8]The option vests in three (3) equal annual installments commencing on July 17, 2004.
- [F9]One-third of the shares of Restricted Common Stock vest on July 15, 2005, the remaining thirds vest on July 15, 2006 and July 15, 2007, respectively.