-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Uk1yRknp3G4bDzUebHfAtDxF05/JE++hwa6iiTjkRGY0/uLYo4hYhPZ5os/8aZjp D3nf8i/yPGxWxrlh+nCXuA== 0001127602-10-004081.txt : 20100210 0001127602-10-004081.hdr.sgml : 20100210 20100210104250 ACCESSION NUMBER: 0001127602-10-004081 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100208 FILED AS OF DATE: 20100210 DATE AS OF CHANGE: 20100210 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LIPKIN GERALD H CENTRAL INDEX KEY: 0001169958 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11277 FILM NUMBER: 10586533 MAIL ADDRESS: STREET 1: 1455 VALLEY ROAD CITY: WAYNE STATE: NJ ZIP: 07470 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: VALLEY NATIONAL BANCORP CENTRAL INDEX KEY: 0000714310 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 222477875 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1455 VALLEY RD CITY: WAYNE STATE: NJ ZIP: 07470 BUSINESS PHONE: 9733053380 MAIL ADDRESS: STREET 1: 1455 VALLEY RD CITY: WAYNE STATE: NJ ZIP: 07470 4 1 form4.xml PRIMARY DOCUMENT X0303 4 2010-02-08 0000714310 VALLEY NATIONAL BANCORP VLY 0001169958 LIPKIN GERALD H 1455 VALLEY ROAD WAYNE NJ 07470- 1 1 Chairman, President and CEO Common Stock 2010-02-08 4 F 0 1021 13.15 D 244879 D Common Stock 2010-02-08 4 S 0 16900 13.3126 D 227979 D Common Stock 2010-02-09 4 S 0 47100 13.3044 D 180879 D Common Stock 6000 I Spouse - Roth IRA Common Stock 185559 I Wife Common Stock (401k Plan) 2755 D Common Stock (Roth IRA) 50610 D Common Stock (with Spouse) 134 D Stock Option/NQ 18.9714 2002-02-15 2012-02-15 Common Stock 26628 26628 D Stock Options 18.9714 2002-02-15 2012-02-15 Common Stock 1514 1514 D Stock Options 18.2286 2004-03-01 2013-03-01 Common Stock 9849 9849 D Stock Options 20.9524 2005-02-26 2014-02-26 Common Stock 26803 26803 D Stock Options 20.9905 2006-02-08 2015-02-08 Common Stock 25527 25527 D Stock Options 19.9429 2007-02-15 2016-02-15 Common Stock 30388 30388 D Stock Options 22.4095 2008-02-13 2017-02-13 Common Stock 40517 40517 D Stock Options 16.9619 2009-02-12 2018-02-12 Common Stock 38587 38587 D This sale of Valley common stock was of shares held in personal accounts by either Mr. Lipkin or his wife. Recently, Mr. Lipkin authorized the custodian for his and his wife's recently opened Roth 401K accounts to purchase in the open market Valley common shares as part of the assets in the account. As part of his financial planning, the reporting person developed a program to buy shares in the Roth 401(k) without increasing his and his wife's overall ownership of Valley common shares, and these personally held shares were sold to bring the level of overall ownership back closer to previous levels. All personal shares were sold at a price lower than any shares recently purchased in the Roth 401(k) accounts by either Mr. Lipkin or his wife to avoid a short swing profit issue Holdings under the Valley 401K Plan has been updated to reflect reporting officer's balance in the Plan. /s/ MITCHELL L. CRANDELL, AS ATTORNEY-IN-FACT 2010-02-09 -----END PRIVACY-ENHANCED MESSAGE-----