SEC Form 4 · accession 0000030625-17-000108
FLOWSERVE CORP · FLS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John E Roueche III
Officer — Interim CFO
Period of report
Jun 26, 2017
Accepted (ET)
Jun 28, 2017 · 9:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000030625
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | — | Jun 26, 2017 | A | 2,500 | A | — | — | Common Stock | 2,500 | 8,240 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive, at settlement, one share of common stock 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 and were granted to Mr. Roueche in recognition of his interim assignment as Chief Financial Officer