X0202 4 2006-08-24 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) 2006-08-24 4 A 0 4040 0.00 A 13153 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 Common Stock ($1.25 par value per share) 0 D Stock Option (right-to-buy) 13.13 2010-04-20 Common Stock 2200 2200 D Stock Option (right-to-buy) 25.69 2011-04-19 Common Stock 1500 1500 D Stock Option (right-to-buy) 32.12 2012-04-18 Common Stock 1500 1500 D Stock Option (right-to-buy) 14.29 2013-04-21 Common Stock 1500 1500 D Stock Option (right-to-buy) 25.65 Common Stock 1393 1393 D Stock Option (right-to-buy) 29.77 Common Stock 1393 1393 D Stock Option (right-to-buy) 26.55 2007-05-06 Common Stock 1393 1393 D Option shares are fully vested and exercisable. Option becomes exercisable on the date Issuer becomes current with its SEC filings. As a result of certain tax considerations discussed in the Issuer's Form 8-K dated December 14, 2005, the option extensions as disclosed in the original Form 4 Report have been partially rescinded so that they continue only until the later of (i) 30 days after the options first becomes lawfully exercisable after the expiration of the securities trading limitations currently applicable to the Issuer's stock option programs or (ii) in the case of options which expire in 2006 under their terms in effect as originally granted,the later of December 31, 2006 or two and one-half months after the date of their respective original expiration dates. /s/ Tara D. Mackey, attorney in fact 2006-08-28