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VALLEY NATIONAL BANCORP — Director's Dealing 2011
Dec 6, 2011
30938_dirs_2011-12-06_fec5cd20-e3af-45b1-9666-50d58329e819.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: VALLEY NATIONAL BANCORP (VLY)
CIK: 0000714310
Period of Report: 2011-12-05
Reporting Person: LENNER MARC J (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-12-05 | Common Stock | P | 42000 | $12.0504 | Acquired | 63248 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 27967 | Direct |
| Common Stock | 10196 | Indirect |
| Common Stock | 10200 | Indirect |
| Common Stock | 418 | Indirect |
Footnotes
F1: These shares are held by a family trust, created by the estate of the grandfather of Mr. Lenner, for which Mr. Lenner is a co-trustee. The Trust is purchasing Valley shares as part of tax planning for the estate as previously reported on a Form 4, filed on November 7, 2011. Shares held in the trust are for the benefit of descendants of Mr. Lenner's grandparents. Mr. Lenner is an indirect beneficiary of only 25% of the trust. Mr. Lenner disclaims any pecuniary interest in the ownership of the other portion of the trust.
F2: Adjusted for additional shares acquired through Dividend Reinvestment Plan.