FLOWSERVE CORP 4
4 · FLOWSERVE CORP · Filed Jul 31, 2013
Insider Transaction Report
Form 4
ROLLANS JAMES O
Director
Transactions
- Award
Phantom Stock
2013-07-31$56.84/sh+986$56,044→ 132,638 total→ Common Stock (986 underlying)
Footnotes (3)
- [F1]Each share of phantom stock is the economic equivalent of one share of common stock, and represents director compensation deferred in the form of common stock pursuant to the issuer's deferred compensation plan.
- [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.
- [F3]This number reflects the issuer's three-for-one stock split paid on June 21, 2013.