0000030625-16-000181.txt : 20160804 0000030625-16-000181.hdr.sgml : 20160804 20160804172933 ACCESSION NUMBER: 0000030625-16-000181 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160802 FILED AS OF DATE: 20160804 DATE AS OF CHANGE: 20160804 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: 161808551 MAIL ADDRESS: STREET 1: MERITOR, INC. STREET 2: 2135 WEST MAPLE ROAD CITY: TROY STATE: MI ZIP: 48084-7186 4 1 wf-form4_147034616068168.xml FORM 4 X0306 4 2016-08-02 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) 2016-08-02 4 S 0 35000 45.4887 D 99487 D Performance Rights Common Stock 116480.0 116480 D The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $45.28 to 45.76, inclusive. The reporting person undertakes to provide Flowserve Corporation, any security holder of Flowserve Corporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above. 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 may be based on a number of factors during a three-year performance cycle which may include but is not limited to: 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. /s/ Carey A. O'Connor, attorney-in-fact 2016-08-04