VALHI INC /DE/ — Director's Dealing 2010

Aug 23, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALHI INC /DE/ (VHI)
CIK: 0000059255
Period of Report: 2010-08-23

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
2010-08-23	Common Stock, $0.01 par value per share	P	100	$16.2000	Acquired	318283	Direct
2010-08-23	Common Stock, $0.01 par value per share	P	200	$16.2500	Acquired	318483	Direct
2010-08-23	Common Stock, $0.01 par value per share	P	75	$16.3000	Acquired	318558	Direct
2010-08-23	Common Stock, $0.01 par value per share	P	45	$16.3200	Acquired	318603	Direct
2010-08-23	Common Stock, $0.01 par value per share	P	100	$16.3300	Acquired	318703	Direct
2010-08-23	Common Stock, $0.01 par value per share	P	300	$16.3400	Acquired	319003	Direct
2010-08-23	Common Stock, $0.01 par value per share	P	300	$16.4400	Acquired	319303	Direct
2010-08-23	Common Stock, $0.01 par value per share	P	200	$16.4500	Acquired	319503	Direct
2010-08-23	Common Stock, $0.01 par value per share	P	300	$16.4600	Acquired	319803	Direct
2010-08-23	Common Stock, $0.01 par value per share	P	100	$16.4900	Acquired	319903	Direct
2010-08-23	Common Stock, $0.01 par value per share	P	200	$16.5100	Acquired	320103	Direct
2010-08-23	Common Stock, $0.01 par value per share	P	200	$16.5200	Acquired	320303	Direct
2010-08-23	Common Stock, $0.01 par value per share	P	3655	$16.5400	Acquired	323958	Direct
2010-08-23	Common Stock, $0.01 par value per share	P	8	$16.5500	Acquired	323966	Direct
2010-08-23	Common Stock, $0.01 par value per share	P	200	$16.6300	Acquired	324166	Direct
2010-08-23	Common Stock, $0.01 par value per share	P	400	$16.6400	Acquired	324566	Direct
2010-08-23	Common Stock, $0.01 par value per share	P	3617	$16.6500	Acquired	328183	Direct
2010-08-23	Common Stock, $0.01 par value per share	P	5000	$16.7500	Acquired	333183	Direct
2010-08-23	Common Stock, $0.01 par value per share	P	10000	$17.0000	Acquired	343183	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common stock, $0.01 par value per share	104813316	Indirect
Common stock, $0.01 par value per share	1345946	Indirect
Common stock, $0.01 par value per share	366847	Indirect
Common stock, $0.01 par value per share	203065	Indirect
Common stock, $0.01 par value per share	15000	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 Contran Amended and Restated Deferred Compensation Trust. See the Additional Information filed as Exhibit 99 to this statement for a description of the relationship to the reporting person.

F4: 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.

F5: Directly held by Contran Corporation. See the Additional Information filed as Exhibit 99 to this statement for a description of the relationship to the reporting persons.