DELLY GAYLA J 4
4 · FLOWSERVE CORP · Filed May 17, 2024
Insider Transaction Report
Form 4
DELLY GAYLA J
Director
Transactions
- Award
Common Stock
2024-05-16$49.84/sh+3,210$159,986→ 21,597 total
Holdings
- 45,981
Phantom Stock
→ Common Stock (45,981 underlying)
Footnotes (3)
- [F1]Represents the annual restricted stock grant for the director under the Flowserve Long-Term Incentive Plan. The shares vest on May 16, 2025.
- [F2]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.
- [F3]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.