Form 4 for FLS FLOWSERVE CORP
Accepted 2022-01-04 00:00:00 ET · period of report 2021-12-31 · accession 0000030625-22-000002 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-01-04 | 2021-12-31 | FLS | Wilson Kirk | Pres, FCD | F - Tax | $30.60 | -471 | 39.9K | -1% | -$14.4K |
| D | 2022-01-04 | 2021-12-31 | FLS | Wilson Kirk | Pres, FCD | M - OptEx | $0.00 | +471 | 40.4K | +1% | $0 |
| D | 2022-01-04 | 2021-12-31 | FLS | Wilson Kirk | Pres, FCD | M - OptEx | $30.60 | -471 | 22.6K | -2% | -$14.4K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-12-31 | F | D | 471 | $30.60 | 39,879 | D | — | — | (F1) Pursuant to the applicable award agreements, restricted stock units granted to Mr. Wilson continue to vest over the original vesting period without regard to his continued service once he has attained a minimum age of 55 and has completed 10 years of continuous service with the Company. As a result of Mr. Wilson's having met these age and service requirements in December 2021, these restricted stock units were forfeited back to the Company to satisfy certain tax requirements attributable to outstanding awards as a result of this provision. |
| 2 | Common | Common Stock | 2021-12-31 | M | A | 471 | $0.00 | 40,350 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2021-12-31 | M | D | 471 | $30.60 | 22,591 | D | — · — to — | 471 Common Stock | (F2) Each restricted stock unit represents the right to receive, at settlement, one share of common stock (plus dividends accrued on the underlying shares) and are 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. |