Filing Details
- Accession Number:
- 0001127602-11-028723
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-11-07 15:05:12
- Reporting Period:
- 2011-11-04
- Filing Date:
- 2011-11-07
- Accepted Time:
- 2011-11-07 15:05:12
- 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 |
---|---|---|---|---|---|---|---|
1421013 | J Marc Lenner | 1455 Valley Road Wayne NJ 07470- | Yes | No | 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 | 2011-11-04 | 162,940 | $11.86 | 21,248 | No | 4 | S | Indirect | The Lester M. Entin Trust - 50% Trustee |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Indirect | The Lester M. Entin Trust - 50% Trustee |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 27,519 | Direct | |
Common Stock | 10,033 | Indirect | Custodian For Daughters |
Common Stock | 10,036 | Indirect | Custodian For Sons |
Common Stock | 411 | Indirect | Spouse |
Footnotes
- Valley National Bancorp declared 5% stock dividends paid in each of May 2009, May 2010 and May 2011.
- 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 selling its Valley shares as part of tax planning for the estate. Subject to certain legal issues, the Trust may purchase a similar number of Valley shares in the future. 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.
- Adjusted for additional shares acquired through Dividend Reinvestment Plan.