VALHI INC /DE/ — Director's Dealing 2009

Feb 20, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALHI INC /DE/ (VHI)
CIK: 0000059255
Period of Report: 2009-02-12

Reporting Person: SIMMONS HAROLD C (Director, Chairman of the Board, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-02-12	Common stock, $0.01 par value per share	P	100	$14.9999	Acquired	130438	Direct
2009-02-12	Common stock, $0.01 par value per share	P	700	$14.7499	Acquired	131138	Direct
2009-02-12	Common stock, $0.01 par value per share	P	1100	$15.00	Acquired	132238	Direct
2009-02-12	Common stock, $0.01 par value per share	P	300	$14.99	Acquired	132538	Direct
2009-02-12	Common stock, $0.01 par value per share	P	100	$14.98	Acquired	132638	Direct
2009-02-18	Common stock, $0.01 par value per share	P	268	$13.25	Acquired	132906	Direct
2009-02-18	Common stock, $0.01 par value per share	P	732	$13.30	Acquired	133638	Direct
2009-02-18	Common stock, $0.01 par value per share	P	100	$13.425	Acquired	133738	Direct
2009-02-18	Common stock, $0.01 par value per share	P	601	$13.45	Acquired	134339	Direct
2009-02-18	Common stock, $0.01 par value per share	P	299	$13.47	Acquired	134638	Direct
2009-02-18	Common stock, $0.01 par value per share	P	200	$13.50	Acquired	134838	Direct
2009-02-18	Common stock, $0.01 par value per share	P	800	$13.59	Acquired	135638	Direct
2009-02-18	Common stock, $0.01 par value per share	P	1000	$13.55	Acquired	136638	Direct
2009-02-18	Common stock, $0.01 par value per share	P	1000	$13.20	Acquired	137638	Direct
2009-02-18	Common stock, $0.01 par value per share	P	6	$13.70	Acquired	137644	Direct
2009-02-18	Common stock, $0.01 par value per share	P	994	$13.75	Acquired	138638	Direct
2009-02-19	Common stock, $0.01 par value per share	P	740	$13.60	Acquired	139378	Direct
2009-02-19	Common stock, $0.01 par value per share	P	128	$13.6399	Acquired	139506	Direct
2009-02-19	Common stock, $0.01 par value per share	P	1132	$13.64	Acquired	140638	Direct
2009-02-19	Common stock, $0.01 par value per share	P	1000	$13.55	Acquired	141638	Direct
2009-02-19	Common stock, $0.01 par value per share	P	1000	$13.30	Acquired	142638	Direct
2009-02-20	Common stock, $0.01 par value per share	P	300	$12.85	Acquired	142938	Direct
2009-02-20	Common stock, $0.01 par value per share	P	700	$12.95	Acquired	143638	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common stock, $0.01 par value per share	105140163	Indirect
Common stock, $0.01 par value per share	1252943	Indirect
Common stock, $0.01 par value per share	200900	Indirect

Footnotes

F1: Directly held by Valhi Holding Company. See the Additional Information filed as Exhibit 99 to this statement for a description of the relationship to the reporting person.

F2: Directly held by TIMET Finance Management Company. See the Additional Information filed as Exhibit 99 to this statement for a description of the relationship to the reporting person.

F3: Directly held by the reporting person's spouse. The reporting person disclaims beneficial ownership of any shares of the issuer's common stock that his spouse holds.