Home > Insider Trading > Filing (0001181431-10-037453)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
883293	Valassis Communications Inc	VCI	Services-Advertising (7310)	382760940

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1275956	J Brian Husselbee	155 Pfingsten Road Deerfield IL 60015	Ceo - Nch Marketing Svcs, Inc.	No	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	Acquisiton	2010-07-01	28,000	$18.26	53,833	No	4	M	Direct
Common Stock	Disposition	2010-07-01	28,000	$31.41	25,833	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Option (Right to Buy)	Disposition	2010-07-01	28,000	$0.00	28,000	$18.26

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
14,000	2010-07-01	2017-01-01	No	4	M	Direct

Footnotes

This amendment is being filed to correct the reporting person's original Form 4, which incorrectly reflected the disposition price of $34.4141. The correct disposition price was $31.4141. The original transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.83 to $32.10, inclusive. The reporting person undertakes to provide upon request by the SEC staff, the issuer or any security holder of the issuer, full information regarding the number of shares sold at each price within the range of all transactions reported in the Form 4 utilizing a weighted average price.
The option, representing a right to purchase a total of 42,000 shares, vested in three equal installments on 2/1/2010, 3/5/2010 and 5/3/2010. However, pursuant to the terms of Mr. Husselbee's employment agreement under which the option was granted on January 1, 2010, the earliest the option could have been exercised was July 1, 2010.