VALLEY NATIONAL BANCORP — Director's Dealing 2010

Nov 16, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALLEY NATIONAL BANCORP (VLY)
CIK: 0000714310
Period of Report: 2010-11-15

Reporting Person: ENGEL ALBERT L (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-15	Common Stock	F	767	$13.13	Disposed	91199	Direct
2010-11-15	Common Stock	F	763	$13.13	Disposed	90436	Direct
2010-11-15	Common Stock	A	9063	—	Acquired	99499	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-11-15	Stock Option/NQ	$13.13	A	11312	Acquired	2020-11-15	Common Stock (11312)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock (401k Plan)	3328	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options	$20.79	2013-11-17	Common Stock (9849)	9849	Direct
Stock Options	$20.87	2014-11-16	Common Stock (13400)	13400	Direct
Stock Options	$19.33	2015-11-14	Common Stock (18507)	18507	Direct
Stock Options	$21.15	2016-11-13	Common Stock (20056)	20056	Direct
Stock Options	$16.15	2018-02-12	Common Stock (19102)	19102	Direct

Footnotes

F1: Valley National Bancorp declared a 5% dividend on April 14, 2010, issued May 21, 2010 to shareholders of record on May 7, 2010.

F2: Payment of tax liability by withholding securities incident to the receipt or vesting of a restricted stock award.

F3: Restricted shares granted under the Valley National Bancorp 2009 Long Term Incentive Stock Plan, with three-year equal vesting, beginning at grant date.

F4: Holdings under the Valley 401K Plan has been updated to reflect reporting person's balance in the Plan.