X0303 4 2008-07-22 0000714310 VALLEY NATIONAL BANCORP VLY 0001169968 FARRELL ROBERT E 1455 VALLEY ROAD WAYNE NJ 07470- 0 1 0 0 FIRST SENIOR VICE PRESIDENT Common Stock 2008-07-22 4 M 0 3665 14.0317 A 58353 D Common Stock 2008-07-22 2008-07-25 4 S 0 1150 18.46 D 57203 D Common Stock 2008-07-22 2008-07-25 4 S 0 1200 18.47 D 56003 D Common Stock 2008-07-22 2008-07-25 4 S 0 1115 18.48 D 54888 D Common Stock 2008-07-22 2008-07-25 4 S 0 200 18.51 D 54688 D Common Stock 2008-07-23 2008-07-28 4 S 0 1863 19.686 D 52825 D Common Stock 136 I SPOUSE Stock Option 10.1439 2006-11-07 Common Stock 1 1 D Stock Option 14.585 2000-11-12 2009-11-12 Common Stock 9237 9237 D Stock Option 16.2721 2001-11-15 2010-11-15 Common Stock 8794 8794 D Stock Option 18.1524 2008-11-14 2017-11-14 Common Stock 4725 4725 D Stock Option 18.3215 2002-11-07 2011-11-07 Common Stock 1 1 D Stock Option 18.3215 2001-11-07 2011-11-07 COMMON STK. 5965 5965 D Stock Option 19.6544 2003-11-18 2012-11-18 Common Stock 7504 7504 D Stock Option 21.3195 2006-11-14 2015-11-14 Common Stock 8104 8104 D Stock Option 22.9205 2004-11-17 2013-11-17 Common Stock 7658 7658 D Stock Option 23.011 2005-11-16 2014-11-16 Common Stock 7293 7293 D Stock Option 23.3197 2007-11-13 2016-11-13 Common Stock 7718 7718 D Stock Option 14.0317 2008-07-22 4 M 0 3665 0 D 1999-10-23 2008-10-23 Common Stock 3665 0 D STOCK OPTION/NQ 18.3215 2002-11-07 2011-11-07 Common Stock 2410 2410 D 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 held by reporting person's spouse through inheritance was not initially reported. Granted under VNB 1999 Long Term Stock Incentive Plan, exercisable in five equal installments beginning one year from the grant date. ROBERTEFARRELL 2008-07-23