Guiltinan Richard J JR 4
4 · FLOWSERVE CORP · Filed Mar 26, 2010
Insider Transaction Report
Form 4
Guiltinan Richard J JR
VP,Controller,Chief Acct Ofcr
Transactions
- Tax Payment
Common Stock ($1.25 par value per share)
2010-03-24$108.88/sh−1,427$155,372→ 21,607 total - Exercise/Conversion
Common Stock ($1.25 par value per share)
2010-03-24+4,988→ 23,034 total - Exercise/Conversion
Restricted Stock Units
2010-03-24−2,410→ 0 totalExercise: $0.00Exp: 2010-03-24→ Common Stock (2,410 underlying)
Footnotes (1)
- [F1]Each performance right represented a contingent right to receive one share of the issuer's common stock at vesting. The performance rights vested at a rate of 200% (plus dividends accrued on the underlying shares) based on the issuer's average return on net assets ("RONA") during a three-year performance cycle beginning on January 1, 2007 and ending on December 31, 2009 in comparison to the average RONA of a predetermined peer group over the same performance cycle.