VALLEY NATIONAL BANCORP — Director's Dealing 2010

Feb 11, 2010

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: VALLEY NATIONAL BANCORP (VLY)
CIK: 0000714310
Period of Report: 2009-12-31

Reporting Person: ESKOW ALAN D (Senior EVP & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-12-22	Common Stock	G	550	—	Disposed	124868	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	861	Indirect
Common Stock (401k Plan)	3189	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option/NQ	$17.8762	2011-11-27	Common Stock (12059)	12059	Direct
Stock Options	$15.1524	2010-11-28	Common Stock (5276)	5276	Direct
Stock Options	$17.8762	2011-11-27	Common Stock (7290)	7290	Direct
Stock Options	$18.7238	2012-11-18	Common Stock (11865)	11865	Direct
Stock Options	$21.8286	2013-11-17	Common Stock (16082)	16082	Direct
Stock Options	$21.9143	2014-11-16	Common Stock (15316)	15316	Direct
Stock Options	$20.2952	2015-11-14	Common Stock (17624)	17624	Direct
Stock Options	$22.2095	2016-11-13	Common Stock (19101)	19101	Direct
Stock Options	$16.9619	2018-02-12	Common Stock (18192)	18192	Direct

Footnotes

F1: Adjusted for additional shares acquired through Dividend Reinvestment Plan.

F2: Valley National Bancorp declared a 5% dividend on April 14, 2009, issued on May 22, 2009 to shareholders of record on May 8, 2009.

F3: Holdings under the Valley 401K Plan has been updated to reflect reporting officer's balance in the Plan.