VALHI INC /DE/ — Director's Dealing 2011

Feb 16, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALHI INC /DE/ (VHI)
CIK: 0000059255
Period of Report: 2011-02-16

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
2011-02-16	Common stock, $0.01 par value per share	P	100	$20.9599	Acquired	348283	Direct
2011-02-16	Common stock, $0.01 par value per share	P	100	$20.95	Acquired	348383	Direct
2011-02-16	Common stock, $0.01 par value per share	P	500	$20.96	Acquired	348883	Direct
2011-02-16	Common stock, $0.01 par value per share	P	500	$21.20	Acquired	349383	Direct
2011-02-16	Common stock, $0.01 par value per share	P	100	$21.24	Acquired	349483	Direct
2011-02-16	Common stock, $0.01 par value per share	P	128	$21.25	Acquired	349611	Direct
2011-02-16	Common stock, $0.01 par value per share	P	448	$21.34	Acquired	350059	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	1442428	Indirect
Common stock, $0.01 par value per share	366847	Indirect
Common stock, $0.01 par value per share	219796	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.

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 person.