X0303 4 2008-07-24 0000714310 VALLEY NATIONAL BANCORP VLY 0001169958 LIPKIN GERALD H 1455 VALLEY ROAD WAYNE NJ 07470- 1 1 0 0 Chairman, President and CEO 401K 2343 D Common Stock 2008-07-24 4 M 1 23261 15.0567 A 259383 D Common Stock 2008-07-24 4 J 0 2459 19.56 D 256924 D Common Stock 2008-07-24 4 F 1 17910 19.56 D 239014 D Common Stock (with Spouse) 128 D Common Stock / IRA 2008-07-24 4 J 0 2 0 D 5296 D Common Stock / IRA 2008-07-24 2008-07-29 4 S 0 5296 19.3752 D 0 D Common Stock 2008-07-24 4 J 0 13 0 A 4876 I IRA/WIFE Common Stock 2008-07-24 2008-07-29 4 S 0 4876 19.3752 D 0 I IRA/WIFE Common Stock 189172 I WIFE Stock Option 17.8095 2009-02-12 2018-02-12 Common Stock 36750 36750 D Stock Option 19.1443 2004-03-01 2013-03-01 Common Stock 23453 23453 D Stock Option 19.9259 2002-02-15 2012-02-15 Common Stock 1442 1442 D Stock Option 20.9394 2007-02-15 2016-02-15 Common Stock 28941 28941 D Stock Option 21.999 2005-02-26 2014-02-26 Common Stock 25527 25527 D Stock Option 22.0402 2006-02-08 2015-02-08 Common Stock 24311 24311 D Stock Option 23.5374 2008-02-13 2017-02-13 Common Stock 38588 38588 D STOCK OPTION/NQ 16.6186 2001-02-08 2011-02-08 COMMON STK. 28143 28143 D STOCK OPTION/NQ 19.9259 2002-02-15 2012-02-15 Common Stock 25361 25361 D STOCK OPTION/NQ 15.0567 2008-07-24 4 M 1 23261 0 D 2000-01-05 2009-01-05 Common Stock 23261 4 D Reporting person's total shares held under Valley's 401(k) plan. Valley declared a 5 percent stock dividend on April 7 2008, payable May 23, 2008 to stockholders of record on May 9, 2008. Includes restricted shares granted under VNB 1999 Long Term Stock Incentive Plan, vesting in five equal installments beginning one year from the grant date. Shares were sold as a result of change to a new asset management account. The shares were sold at a weighted average sales price of $19.375, transacted in six varying sales prices ranging from $19.27 to $19.5310. Adjust outstanding balance. Shares tendered by reporting person for income taxes from proceeds of a non-qualified stock exercise. GERALDHLIPKIN 2008-07-25