-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, KRVqC19syMqIP2Q6DbqIUy04gJzi/Rz85vtz602vrW7qclh8N6Lpp3msyzug2JAL XcuGFufh3eP2psHpUb8bPA== 0001209191-06-011800.txt : 20060217 0001209191-06-011800.hdr.sgml : 20060217 20060217185153 ACCESSION NUMBER: 0001209191-06-011800 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060215 FILED AS OF DATE: 20060217 DATE AS OF CHANGE: 20060217 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: 222 W LAS COLINAS BLVD STREET 2: SUITE 1500 CITY: IRVING STATE: TX ZIP: 75039 BUSINESS PHONE: 9724436500 MAIL ADDRESS: STREET 1: 222 W LAS COLINAS BLVD STREET 2: SUITE 1500 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: BEALL ANDREW J CENTRAL INDEX KEY: 0001232846 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13179 FILM NUMBER: 06630658 BUSINESS ADDRESS: STREET 1: C/O FLOWSERVE CORP STREET 2: 222 WEST LAS COLINAS BLVD STE 1500 CITY: IRVING STATE: TX ZIP: 75039 BUSINESS PHONE: 9724436544 4 1 bod33050_bod1ajb2.xml MAIN DOCUMENT DESCRIPTION X0202 4 2006-02-15 0000030625 FLOWSERVE CORP FLS 0001232846 BEALL ANDREW J 5215 N. O'CONNOR BLVD. SUITE 2300 IRVING TX 75039 0 1 0 0 VP, Division President-FSD Common Stock ($1.25 par value per share) 10479 I 401(k) Common Stock ($1.25 par value per share) 2006-02-15 4 A 0 8500 48.17 A 29845 D Stock option (right-to-buy) 30 2007-10-23 Common Stock 4000 4000 D Stock option (right-to-buy) 18.5 2008-11-02 Common Stock 2300 2300 D Stock option (right-to-buy) 17 2009-08-02 Common Stock 4533 4533 D Stock option (right-to-buy) 17.81 2010-08-22 Common Stock 3800 3800 D Stock option (right-to-buy) 27.12 2011-07-18 Common Stock 2500 2500 D Stock option (right-to-buy) 24.84 2012-07-17 Common Stock 3000 3000 D Stock option (right-to-buy) 19.15 2013-07-17 Common Stock 9000 9000 D Stock option (right-to-buy) 22.9 2014-07-15 Common Stock 7500 7500 D Stock option (right-to-buy) 24.9 2015-02-16 Common Stock 10000 10000 D Stock option (right-to-buy) 30.95 2015-07-13 Common Stock 12500 12500 D Stock option (right-to-buy) 27.56 Common Stock 2280 2280 D Stock option (right-to-buy) 26.5 Common Stock 1667 1667 D Stock option (right-to-buy) 48.17 2006-02-15 4 A 0 14000 48.17 D 2006-02-15 Common Stock 14000 14000 D The 8,500 shares of restricted common stock were issued under the Flowserve Corporation 2004 Stock Compensation Plan. One-third of the shares of retricted common stock vests on February 16, 2007 and the remaining thirds vest on February 16, 2008 and February 16, 2009, respectively. All of the option shares are fully vested and exercisable. 6,000 shares are fully vested and exercisable, the remaining 3000 shares vest on July 17, 2006. 5,528 option shares are fully vested and exercisable and the remaining 1,972 option shares vest on July 15, 2007. The option shares vest and become exercisable in three (3) equal annual installments commencing on February 16, 2006, February 16, 2007 and February 16, 2008. The option shares vest and become exercisable in three (3) equal annual installments commencing on July 14, 2006, July 14, 2007 and July 14, 2008. For purposes of Section 16(a), upon shareholder approval of the required stock compensation plan amendments, extension of the term of the option will result in a deemed cancellation of the old option and the grant of a replacement option. However, for purposes of section 409A of the Internal Revenue Code of 1986, such extension will not be deemed to involve a cancellation or new grant. The option was originally granted on October 19, 1995 and is fully vested and exercisable. 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. For purposes of Section 16(a), upon shareholder approval of the required stock compensation plan amendments, extension of the term of the option will result in a deemed cancellation of the old option and the grant of a replacement option. However, for purposes of section 409A of the Internal Revenue Code of 1986, such extension will not be deemed to involve a cancellation or new grant. The option was originally granted on October 23, 1996 and is fully vested and exercisable. The option shares vest and become exercisable in three (3) equal annual installments commencing on February 16, 2007, and the remaining thirds vest on February 16, 2008 and February 16, 2009, respectively. /s/ Tara D. Mackey, by power of attorney 2006-02-17 -----END PRIVACY-ENHANCED MESSAGE-----