Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
BEALL ANDREW J
   2. Issuer Name and Ticker or Trading Symbol
FLOWSERVE CORP [FLS] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
VP, Division President-FSD
(Last)
(First)
(Middle)
5215 N. O'CONNOR BLVD., SUITE 2300		 3. Date of Earliest Transaction (Month/Day/Year)
06/01/2005
(Street)

IRVING, TX 75039		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock ($1.25 par value per share)               10,421 I 401(k)
Common Stock ($1.25 par value per share)               21,338 (1) D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock option (right-to-buy) $ 30               (2) 10/23/2007 Common Stock 4,000   4,000 D  
Stock option (right-to-buy) $ 18.5               (3) 11/02/2008 Common Stock 2,050   2,050 D  
Stock option (right-to-buy) $ 18.5               (4) 11/02/2008 Common Stock 250   250 D  
Stock option (right-to-buy) $ 17               (5) 08/02/2009 Common Stock 2,598   2,598 D  
Stock option (right-to-buy) $ 17               (6) 08/02/2009 Common Stock 1,935   1,935 D  
Stock option (right-to-buy) $ 17.81               (7) 08/22/2010 Common Stock 3,800   3,800 D  
Stock option (right-to-buy) $ 27.12               (8) 07/18/2011 Common Stock 2,500   2,500 D  
Stock option (right-to-buy) $ 24.84               (9) 07/17/2012 Common Stock 3,000   3,000 D  
Stock option (right-to-buy) $ 19.15               (10) 07/17/2013 Common Stock 9,000   9,000 D  
Stock option (right-to-buy) $ 22.9               (11) 07/15/2014 Common Stock 7,500   7,500 D  
Stock option (right-to-buy) $ 24.9               (12) 02/16/2015 Common Stock 10,000   10,000 D  
Stock Option (right-to-buy) $ 30.95               (13) 07/13/2015 Common Stock 12,500   12,500 D  
Stock Option (right-to-buy) $ 27.56 06/01/2005   D(14)     2,280   (14) 10/19/2005 Common Stock 2,280 (14) 0 D  
Stock Option (right-to-buy) $ 27.56 06/01/2005   A(14)   2,280     (14) 12/31/2006 Common Stock 2,280 (14) 2,280 D  
Stock Option (right-to-buy) $ 27.56 11/04/2005   D(14)     2,280   (14) 12/31/2006 Common Stock 2,280 (14) 0 D  
Stock Option (right-to-buy) $ 27.56 11/04/2005   A(14)   2,280     (14) 01/01/2009 Common Stock 2,280 (14) 2,280 D  
Stock Option (right-to-buy) $ 26.5 11/04/2005   D(15)     1,667   (15) 10/23/2006 Common Stock 1,667 (15) 0 D  
Stock Option (right-to-buy) $ 26.5 11/04/2005   A(15)   1,667     (15) 01/01/2009 Common Stock 1,667 (15) 1,667 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
BEALL ANDREW J
5215 N. O'CONNOR BLVD.
SUITE 2300
IRVING, TX 75039		       VP, Division President-FSD  

Signatures

 /s/ Tara D. Mackey, by power of attorney   11/08/2005
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The reporting person previously reported grants by issuer of restricted common stock on Table II that vest in equal annual one-third increments beginning on the first anniversary of the dates of grant. As the restricted common stock has vested, the vesting was previously reported as a settlement of a derivative security. An aggregte of 12,000 shares of these grants reported on Table II remain unvested. The reporting person will begin reporting these grants on Table I. Accordingly, this amount reflects the total restricted common stock previously granted to the reporting person (including all previous vesting of such grants).
(2) 4,000 option shares are fully vested and exercisable.
(3) 2,050 option shares are fully vested and exercisable.
(4) 250 option shares are fully vested and exercisable.
(5) 2,598 option shares are fully vested and exercisable.
(6) 1,935 option shares are fully vested and exercisable.
(7) 3,800 option shares are fully vested and exercisable.
(8) 2,500 option shares are fully vested and exercisable.
(9) 2,000 option shares are fully vested and exercisable.
(10) The option shares vest and become exercisable in three (3) equal annual installments commencing on July 17, 2004, July 17, 2005 and July 17, 2006.
(11) 5,528 option shares are fully vested and exercisable and the remaining 1,972 option shares vest on July 15, 2007.
(12) 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.
(13) 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, respectively.
(14) Amendment of outstanding option resulting in deemed cancellation of the old option and the grant of a replacememt option. The option was originally granted on October 19, 1995 and is fully vested and exercisable.
(15) Amendment of outstanding option resulting in deemed cancellation of the old option and the grant of a replacement option. The option was originally granted on October 23, 1996 and is fully vested and exercisable.

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