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VALHI INC /DE/ Director's Dealing 2010

Dec 16, 2010

32913_dirs_2010-12-16_e11ec2e2-a0bf-453a-9035-a27f04d2fea5.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NL INDUSTRIES INC (NL)
CIK: 0000072162
Period of Report: 2010-12-14

Reporting Person: SIMMONS HAROLD C (Director, Chairman of the Board and CEO, 10% Owner)
Reporting Person: CONTRAN CORP (10% Owner)
Reporting Person: DIXIE RICE AGRICULTURE CORP INC (10% Owner)
Reporting Person: VALHI HOLDING CO (10% Owner)
Reporting Person: VALHI INC /DE/ (10% Owner)
Reporting Person: KRONOS WORLDWIDE INC (10% Owner)
Reporting Person: TITANIUM METALS CORP (10% Owner)
Reporting Person: TIMET FINANCE MANAGEMENT CO (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-12-14 Common stock $0.125 par value J 39 $11.2899 Acquired 39 Indirect
2010-12-14 Common stock $0.125 par value J 961 $11.29 Acquired 1000 Indirect
2010-12-14 Common stock $0.125 par value J 1000 $11.30 Acquired 2000 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common stock $0.125 par value 40387531 Indirect
Common stock $0.125 par value 222100 Indirect
Common stock $0.125 par value 1007145 Direct
Common stock $0.125 par value 292225 Indirect

Footnotes

F1: Opern market purchase by Kronos Worldwide, Inc. See the Additional Information filed as Exhibit 99 to this statement for a description of the relationship among the persons joining in this filing.

F2: Directly held by Kronos Worldwide, Inc. See the Additional Information filed as Exhibit 99 to this statement for a description of the relationship among the persons joining in this filing.

F3: Directly held by Valhi, Inc. See the Additional Information filed as Exhibit 99 to this statement for a description of the relationships among the persons joining in this filing.

F4: Directly held by TIMET Finance Management Company. See the Additional Information filed as Exhibit 99 to this statement for a description of the relationships among the persons joining in this filing.

F5: Directly held by the reporting person's spouse. Mr. Simmons disclaims beneficial ownership of any shares of the issuer's common stock that his spouse holds.