Filing Details
- Accession Number:
- 0001127602-10-004081
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-02-10 12:00:00
- Reporting Period:
- 2010-02-08
- Filing Date:
- 2010-02-10
- Accepted Time:
- 2010-02-10 10:42:50
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
714310 | Valley National Bancorp | VLY | National Commercial Banks (6021) | 222477875 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1169958 | H Gerald Lipkin | 1455 Valley Road Wayne NJ 07470- | Chairman, President And Ceo | Yes | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Disposition | 2010-02-08 | 1,021 | $13.15 | 244,879 | No | 4 | F | Direct | |
Common Stock | Disposition | 2010-02-08 | 16,900 | $13.31 | 227,979 | No | 4 | S | Direct | |
Common Stock | Disposition | 2010-02-09 | 47,100 | $13.30 | 180,879 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | F | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 6,000 | Indirect | Spouse - Roth IRA |
Common Stock | 185,559 | Indirect | Wife |
Common Stock (401K Plan) | 2,755 | Direct | |
Common Stock (Roth Ira) | 50,610 | Direct | |
Common Stock (With Spouse) | 134 | Direct |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Stock Option/NQ | $18.97 | 2002-02-15 | 2012-02-15 | 26,628 | 26,628 | Direct |
Common Stock | Stock Options | $18.97 | 2002-02-15 | 2012-02-15 | 1,514 | 1,514 | Direct |
Common Stock | Stock Options | $18.23 | 2004-03-01 | 2013-03-01 | 9,849 | 9,849 | Direct |
Common Stock | Stock Options | $20.95 | 2005-02-26 | 2014-02-26 | 26,803 | 26,803 | Direct |
Common Stock | Stock Options | $20.99 | 2006-02-08 | 2015-02-08 | 25,527 | 25,527 | Direct |
Common Stock | Stock Options | $19.94 | 2007-02-15 | 2016-02-15 | 30,388 | 30,388 | Direct |
Common Stock | Stock Options | $22.41 | 2008-02-13 | 2017-02-13 | 40,517 | 40,517 | Direct |
Common Stock | Stock Options | $16.96 | 2009-02-12 | 2018-02-12 | 38,587 | 38,587 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2012-02-15 | 26,628 | 26,628 | Direct |
2012-02-15 | 1,514 | 1,514 | Direct |
2013-03-01 | 9,849 | 9,849 | Direct |
2014-02-26 | 26,803 | 26,803 | Direct |
2015-02-08 | 25,527 | 25,527 | Direct |
2016-02-15 | 30,388 | 30,388 | Direct |
2017-02-13 | 40,517 | 40,517 | Direct |
2018-02-12 | 38,587 | 38,587 | Direct |
Footnotes
- This sale of Valley common stock was of shares held in personal accounts by either Mr. Lipkin or his wife. Recently, Mr. Lipkin authorized the custodian for his and his wife's recently opened Roth 401K accounts to purchase in the open market Valley common shares as part of the assets in the account. As part of his financial planning, the reporting person developed a program to buy shares in the Roth 401(k) without increasing his and his wife's overall ownership of Valley common shares, and these personally held shares were sold to bring the level of overall ownership back closer to previous levels. All personal shares were sold at a price lower than any shares recently purchased in the Roth 401(k) accounts by either Mr. Lipkin or his wife to avoid a short swing profit issue
- Holdings under the Valley 401K Plan has been updated to reflect reporting officer's balance in the Plan.