0000030625-20-000058.txt : 20200327 0000030625-20-000058.hdr.sgml : 20200327 20200327162155 ACCESSION NUMBER: 0000030625-20-000058 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200325 FILED AS OF DATE: 20200327 DATE AS OF CHANGE: 20200327 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Wilson Kirk CENTRAL INDEX KEY: 0001654776 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13179 FILM NUMBER: 20752079 MAIL ADDRESS: STREET 1: 5215 NORTH O'CONNOR BLVD #2300 CITY: IRVING STATE: TX ZIP: 75039 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: FLOWSERVE CORP CENTRAL INDEX KEY: 0000030625 STANDARD INDUSTRIAL CLASSIFICATION: PUMPS & PUMPING EQUIPMENT [3561] IRS NUMBER: 310267900 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 5215 N. O'CONNOR BLVD. STREET 2: SUITE 2300 CITY: IRVING STATE: TX ZIP: 75039 BUSINESS PHONE: 9724436500 MAIL ADDRESS: STREET 1: 5215 N. O'CONNOR BLVD. STREET 2: SUITE 2300 CITY: IRVING STATE: TX ZIP: 75039 FORMER COMPANY: FORMER CONFORMED NAME: DURCO INTERNATIONAL INC DATE OF NAME CHANGE: 19970508 FORMER COMPANY: FORMER CONFORMED NAME: DURIRON CO INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: THE DURIRON CO INC DATE OF NAME CHANGE: 19900509 4 1 wf-form4_158534049725015.xml FORM 4 X0306 4 2020-03-25 0 0000030625 FLOWSERVE CORP FLS 0001654776 Wilson Kirk 5215 NORTH O'CONNOR BLVD #2300 IRVING TX 75039 0 1 0 0 President, FCD Common Stock 2020-03-25 4 M 0 1651 A 38679 D Common Stock 2020-03-25 4 F 0 403 23 D 38276 D Performance Rights 2020-03-25 4 M 0 6070 0 D Common Stock 6070.0 26000 D 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 25.8% (plus dividends accrued on the underlying shares) based on two factors during a three-year performance cycle beginning on January 1, 2017 and ending on December 31, 2019, which are: 1) the issuer's relative total share holder return ("TSR") in comparison to the TSR averages of a predetermined peer group over the performance cycle; and 2) the issuer's return on invested capital measured against the issuer's performance relative to its weighted average cost of capital and relative to a predetermined peer group over the performance cycle. The performance rights may be settled, at the issuer's discretion, in cash or shares of common stock. Akshar C. Patel, attorney-in-fact 2020-03-27