4//SEC Filing
Guiltinan Richard J JR 4
Accession 0001209191-11-009355
CIK 0000030625other
Filed
Feb 13, 7:00 PM ET
Accepted
Feb 14, 7:30 PM ET
Size
9.9 KB
Accession
0001209191-11-009355
Insider Transaction Report
Form 4
Guiltinan Richard J JR
VP,Controller,Chief Acct Ofcr
Transactions
- Award
Common Stock ($1.25 par value per share)
2011-02-10+1,928→ 19,722 total - Tax Payment
Common Stock ($1.25 par value per share)
2011-02-12$132.03/sh−365$48,191→ 19,357 total - Award
Performance Rights
2011-02-10+1,928→ 8,078 totalExp: 2013-12-31→ Common Stock (1,928 underlying)
Footnotes (2)
- [F1]Represents shares of restricted common stock 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.
- [F2]Each performance right represents a contingent right to receive one share of the issuer's common stock at vesting. The performance rights vest at a rate between 0% and 200% based on the issuer's average return on net assets ("RONA") during a three-year performance cycle beginning on January 1, 2011 and ending on December 31, 2013 in comparison to the RONA averages of a predetermined peer group over the same performance cycle. The performance rights may be settled, at the issuer's discretion, in cash or shares of common stock.
Documents
Issuer
FLOWSERVE CORP
CIK 0000030625
Entity typeother
Related Parties
1- filerCIK 0001294380
Filing Metadata
- Form type
- 4
- Filed
- Feb 13, 7:00 PM ET
- Accepted
- Feb 14, 7:30 PM ET
- Size
- 9.9 KB