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
  1. Valley National Bancorp declared 5% stock dividends paid in each of May 2009, May 2010 and May 2011.
  2. 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.
  3. Adjusted for additional shares acquired through Dividend Reinvestment Plan.