X0202 4 2007-02-28 0000714310 VALLEY NATIONAL BANCORP VLY 0001169958 LIPKIN GERALD H 1455 VALLEY ROAD WAYNE NJ 07470- 1 1 0 0 Chairman, President and CEO 401K 2067 D Common Stock 2007-02-28 2007-03-05 4 S 0 4500 25.1051 D 198067 D Common Stock 2007-02-28 2007-03-05 4 S 0 4000 25.156 D 194067 D Common Stock (with Spouse) 117 D Common Stock / IRA 6235 D Common Stock 5840 I IRA/WIFE Common Stock 171108 I WIFE Stock Appreciation Right 16.95 1999-02-09 2008-02-09 Common Stock 10992 10992 D Stock Option 16.95 1999-02-09 2008-02-09 Common Stock 3 3 D Stock Option 21.1066 2004-03-01 2013-03-01 Common Stock 21272 21272 D Stock Option 21.9683 2002-02-15 2012-02-15 Common Stock 1308 1308 D Stock Option 23.0857 2007-02-15 2016-02-15 Common Stock 26250 26250 D Stock Option 24.254 2005-02-26 2014-02-26 Common Stock 23153 23153 D Stock Option 24.2993 2006-02-08 2015-02-08 Common Stock 22050 22050 D Stock Option 25.95 2008-02-13 2017-02-13 Common Stock 35000 35000 D STOCK OPTION/NQ 16.6 2000-01-05 2009-01-05 Common Stock 21102 21102 D STOCK OPTION/NQ 18.322 2001-02-08 2011-02-08 COMMON STK. 25527 25527 D STOCK OPTION/NQ 21.9683 2002-02-15 2012-02-15 Common Stock 23003 23003 D Reporting person's total shares held under Valley's 401(k) plan. Includes restricted shares granted under VNB 1999 Long Term Stock Incentive Plan, vesting in five equal installments beginning one year from the grant date. The sales reported in this Form 4 were effected pursuant to Rule 144 and Rule 10b5-1 trading plan adopted by the reporting person on February 21, 2007. Sales proceeds will be used to pay for a new home in Florida. The trading plan is now completed and no further sales are forthcoming for the purchase of this home in Florida. Alan D. Eskow, As Attorney-in-Fact 2007-03-01