VALLEY NATIONAL BANCORP — Director's Dealing 2011

Feb 15, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALLEY NATIONAL BANCORP (VLY)
CIK: 0000714310
Period of Report: 2011-02-14

Reporting Person: LIPKIN GERALD H (Director, Chairman, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-14	Common Stock	F	2526	$13.72	Disposed	209585	Direct
2011-02-14	Common Stock	F	1772	$13.72	Disposed	207813	Direct
2011-02-15	Common Stock	F	1948	$13.63	Disposed	205865	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6300	Indirect
Common Stock	194835	Indirect
Common Stock (401k Plan)	3009	Direct
Common Stock (Roth IRA)	55240	Direct
Common Stock (with Spouse)	140	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option/NQ	$13.13	2020-11-15	Common Stock (39924)	39924	Direct
Stock Option/NQ	$18.07	2012-02-15	Common Stock (27959)	27959	Direct
Stock Options	$18.07	2012-02-15	Common Stock (1590)	1590	Direct
Stock Options	$17.36	2013-03-01	Common Stock (10341)	10341	Direct
Stock Options	$19.95	2014-02-26	Common Stock (28141)	28141	Direct
Stock Options	$19.99	2015-02-08	Common Stock (26803)	26803	Direct
Stock Options	$18.99	2016-02-15	Common Stock (31908)	31908	Direct
Stock Options	$21.34	2017-02-13	Common Stock (42543)	42543	Direct
Stock Options	$16.15	2018-02-12	Common Stock (40518)	40518	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: Shares withheld for payment of tax liability on restricted stock vesting.

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