TREDEGAR CORP — Director's Dealing 2011

Feb 17, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TREDEGAR CORP (TG)
CIK: 0000850429
Period of Report: 2011-02-15

Reporting Person: Brickhouse Frasier W II (Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-15	Tredegar Common Stock	A	500	—	Acquired	3755	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-15	Stock Option (right to buy)	$19.84	A	3000	Acquired	2018-02-15	Common Stock (3000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Tredegar Common Stock	5216	Indirect

Footnotes

F1: Shares as reported by the Tredegar Corporation Retirement Savings Plan (the "Savings Plan") trustee. The amount reported includes shares acquired in exempt transactions under Rule 16b-3 pursuant to the Savings Plan during the period from February 13, 2010 through February 15, 2011.

F2: Total number includes stock options with varying exercisable dates, expiration dates and conversion prices.