Form 4 for FLS FLOWSERVE CORP
Accepted 2022-03-02 00:00:00 ET · period of report 2022-02-28 · accession 0000030625-22-000049 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-03-02 | 2022-02-28 | FLS | Rowe Robert Scott | Pres, CEO, Dir | M - OptEx | $0.00 | +24.9K | 252.5K | +11% | $0 |
| D | 2022-03-02 | 2022-02-28 | FLS | Rowe Robert Scott | Pres, CEO, Dir | F - Tax | $30.37 | -9,209 | 251.0K | -4% | -$279.7K |
| D | 2022-03-02 | 2022-02-28 | FLS | Rowe Robert Scott | Pres, CEO, Dir | M - OptEx | $0.00 | -21.9K | 262.9K | -8% | $0 |
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 | 2022-02-28 | M | A | 23,402 | $0.00 | 260,235 | D | — | — | |
| 2 | Common | Common Stock | 2022-02-28 | F | D | 9,209 | $30.37 | 251,026 | D | — | — | |
| 3 | Common | Common Stock | 2022-02-28 | M | A | 1,452 | $0.00 | 252,478 | D | — | — | (F1) In connection with the vesting of certain Performance Rights on February 15, 2022, the issuer incorrectly calculated Mr. Rowe's tax withholding obligation and inadvertently withheld an additional 1,452 shares of Common Stock. On March 2, 2022, the issuer corrected this error by crediting Mr. Rowe's brokerage account with the 1,452 shares of common stock that were over-withheld. |
| 4 | Derivative | Restricted Stock Units | 2022-02-28 | M | D | 21,894 | $0.00 | 262,900 | D | — · — to — | 21,894 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. |