0000030625-16-000105.txt : 20160205
0000030625-16-000105.hdr.sgml : 20160205
20160205141415
ACCESSION NUMBER: 0000030625-16-000105
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160203
FILED AS OF DATE: 20160205
DATE AS OF CHANGE: 20160205
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
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Pajonas Thomas L
CENTRAL INDEX KEY: 0001290057
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-13179
FILM NUMBER: 161391629
MAIL ADDRESS:
STREET 1: 5215 N. O'CONNOR BLVD., SUITE 2300
CITY: IRVING
STATE: TX
ZIP: 75039
4
1
wf-form4_145469964447960.xml
FORM 4
X0306
4
2016-02-03
0
0000030625
FLOWSERVE CORP
FLS
0001290057
Pajonas Thomas L
5215 N. O'CONNOR BLVD., SUITE 2300
IRVING
TX
75039
0
1
0
0
EVP, Chief Operating Officer
Common Stock ($1.25 par value per share)
2016-02-03
4
A
0
29910
0
A
114299
D
Common Stock ($1.25 par value per share)
2016-02-04
4
F
0
1951
40.31
D
112348
D
Performance Rights
2016-02-03
4
A
0
29910
0
A
Common Stock
29910.0
178910
D
Represents shares of restricted common stock granted to the reporting person pursuant to the issuer's long-term incentive compensation plan for employees. The shares vest ratably over a three-year period on each annual anniversary of the grant.
Each performance right represents a contingent right to receive one share of the issuer's common stock at vesting. The performance rights vest at a rate between 0% and 200% and are based on two factors during a three-year performance cycle beginning on January 1, 2016 and ending on December 31, 2018 which are: 1) the issuer's average return on net assets ("RONA") in comparison to the RONA averages of a predetermined peer group over the performance cycle; and 2) the issuer's growth in bookings in comparison to the growth in gross domestic product of countries that are members of the Organisation for Economic Co-operation and Development over the performance cycle. The performance rights may be settled, at the issuer's discretion, in cash or shares of common stock.
Luke E. Alverson, attorney-in-fact
2016-02-05