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