X0202 4 2004-06-23 0 0000030625 FLOWSERVE CORP FLS 0001214513 RUSNACK WILLIAM C 5215 N. O'CONNOR BLVD., SUITE 2300 IRVING TX 75039 1 0 0 0 Common Stock ($1.25 par value per share) 2004-06-23 4 A 0 2138 23.39 A 9113 I Rabbi Trust Common Stock ($1.25 par value per share) 5000 I Family Trust Common Stock ($1.25 par value per share) 3800 I Keogh Trust Stock Option (right-to-buy) 24.22 1995-05-10 2004-05-09 Common Stock 1393 1393 D Stock Option (right-to-buy) 25.65 1996-05-16 2005-05-15 Common Stock 1393 1393 D Stock Option (right-to-buy) 29.78 1997-05-14 2006-05-14 Common Stock 1393 1393 D Stock Option (right-to-buy) 26.55 1998-05-06 2007-06-06 Common Stock 1393 1393 D Stock Option (right-to-buy) 13.13 2001-04-20 2010-04-19 Common Stock 2200 2200 D Stock Option (right-to-buy) 25.69 2002-04-19 2011-04-18 Common Stock 1500 1500 D Stock Option (right-to-buy) 32.12 2003-04-18 2012-04-17 Common Stock 1500 1500 D Stock Option (right-to-buy) 14.29 2004-04-21 2013-04-20 Common Stock 1500 1500 D Granted to Reporting Person pursuant to the BW/IP Holding, Inc. 1993 Non-Employee Directors' Stock Option Plan. Option was subsequently converted into an option to acquire shares of Issuer's common stock. DRAFT FORM 4 TO REFLECT OWNERSHIP ON 2-18-04 - NOT FILED WITH THE SEC. /s/ Ronald F. Shuff, by power of attorney 2004-06-24