VALHI INC /DE/ — Director's Dealing 2010

Jul 21, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALHI INC /DE/ (VHI)
CIK: 0000059255
Period of Report: 2010-07-19

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
2010-07-19	Common stock, $0.01 par value per share	P	600	$13.52	Acquired	306483	Direct
2010-07-19	Common stock, $0.01 par value per share	P	900	$13.62	Acquired	307383	Direct
2010-07-19	Common stock, $0.01 par value per share	P	5500	$13.53	Acquired	312883	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	1269943	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.