ROLLANS JAMES O 4
4 · FLOWSERVE CORP · Filed May 23, 2011
Insider Transaction Report
Form 4
ROLLANS JAMES O
Director
Transactions
- Award
Phantom Stock
2011-05-19$120.81/sh+828$100,031→ 38,606 total→ Common Stock (828 underlying)
Footnotes (2)
- [F1]Represents the annual restricted stock grant for the director under the Flowserve Equity and Incentive Compensation Plan. The shares vest on May 19, 2012.
- [F2]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.