SHUFF RONALD F 4
4 · FLOWSERVE CORP · Filed Mar 28, 2011
Insider Transaction Report
Form 4
SHUFF RONALD F
SVP, Sec. and Gen. Counsel
Transactions
- Tax Payment
Common Stock ($1.25 par value per share)
2011-03-24$125.37/sh−2,358$295,622→ 6,372 total - Exercise/Conversion
Performance Rights
2011-03-24−3,250→ 13,410 totalExp: 2011-03-24→ Common Stock (3,250 underlying) - Exercise/Conversion
Common Stock ($1.25 par value per share)
2011-03-24+6,745→ 13,117 total
Holdings
- 30,123(indirect: By Trust)
Common Stock ($1.25 par value per share)
Footnotes (1)
- [F1]Each performance right represented a contingent right to receive one share of the issuer's common stock at vesting. The performance rights vested at a rate of 200% (plus dividends accrued on the underlying shares) based on the issuer's average return on net assets ("RONA") during a three-year performance cycle beginning on January 1, 2008 and ending on December 31, 2010, in comparison to the average RONA of a predetermined peer group over the same performance cycle.