4//SEC Filing
SHUFF RONALD F 4
Accession 0001209191-12-008708
CIK 0000030625other
Filed
Feb 8, 7:00 PM ET
Accepted
Feb 9, 4:38 PM ET
Size
8.5 KB
Accession
0001209191-12-008708
Insider Transaction Report
Form 4
SHUFF RONALD F
SVP, Sec. and Gen. Counsel
Transactions
- Award
Performance Rights
2012-02-07+3,720→ 17,130 totalExp: 2014-12-31→ Common Stock (3,720 underlying) - Award
Common Stock ($1.25 par value per share)
2012-02-07+3,720→ 12,450 total
Holdings
- 30,123(indirect: By Trust)
Common Stock ($1.25 par value per share)
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, 2012 and ending on December 31, 2014 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 0001209309
Filing Metadata
- Form type
- 4
- Filed
- Feb 8, 7:00 PM ET
- Accepted
- Feb 9, 4:38 PM ET
- Size
- 8.5 KB