SEC Form 4 · accession 0001214659-15-003517

VALLEY NATIONAL BANCORP · VLY

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Mitchell L Crandell

Officer — First SVP & CAO

Period of report

Nov 14, 2007

Accepted (ET)

May 1, 2015 · 5:01 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000714310

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1,F2	Nov 14, 2007	A	500	$0.00	A	1,025	D
Common Stock^F1,F3	Nov 17, 2008	A	1,000	$0.00	A	2,076	D
Common Stock^F4,F5	Nov 17, 2009	A	1,500	$0.00	A	3,679	D
Common Stock^F6	Nov 13, 2010	F	44	$13.13	D	3,818	D
Common Stock	Nov 14, 2010	F	40	$13.13	D	3,778	D
Common Stock^F4	Nov 15, 2010	A	1,904	$0.00	A	5,682	D
Common Stock	Nov 17, 2010	F	237	$12.87	D	5,445	D
Common Stock^F7	Nov 13, 2011	F	50	$12.00	D	5,667	D
Common Stock	Nov 14, 2011	F	44	$12.00	D	5,623	D
Common Stock	Nov 15, 2011	F	206	$11.79	D	5,417	D
Common Stock	Nov 17, 2011	F	263	$11.82	D	5,154	D
Common Stock^F4	Feb 7, 2012	A	2,435	$0.00	A	7,589	D
Common Stock^F8	Nov 14, 2012	F	52	$8.87	D	7,916	D
Common Stock	Nov 15, 2012	F	236	$8.72	D	7,680	D
Common Stock	Nov 17, 2012	F	302	$8.93	D	7,378	D
Common Stock^F4	Jan 31, 2013	A	3,476	$0.00	A	10,854	D
Common Stock	Feb 7, 2013	F	325	$9.87	D	10,529	D
Common Stock	Nov 15, 2013	F	260	$9.95	D	10,269	D
Common Stock	Nov 17, 2013	F	99	$9.98	D	10,170	D
Common Stock^F4	Jan 31, 2014	A	4,839	$0.00	A	15,009	D
Common Stock	Jan 31, 2014	F	443	$9.92	D	14,566	D
Common Stock	Feb 7, 2014	F	348	$9.57	D	14,218	D
Common Stock^F4	Jan 30, 2015	A	5,464	$0.00	A	19,682	D
Common Stock	Jan 31, 2015	F	1,064	$9.08	D	18,618	D
Common Stock^F9	Feb 7, 2015	F	358	$9.66	D	18,253	D
Common Stock	Mar 12, 2013	I	2,558	$10.43	D	0	I	By 401(k)

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Options^F11	$14.93	Nov 14, 2007	A	1,915	A	—	Nov 14, 2017	Common Stock	1,915	1,915	D
Stock Options^F11	$14.24	Nov 17, 2008	A	1,216	A	—	Nov 17, 2018	Common Stock	1,216	1,216	D

Explanation of responses

F1Represents a restricted stock award granted under the VNB 1999 Long Term Stock Incentive Plan subject to vesting in five equal annual installments commencing with the first anniversary of the grant date.
F10The reporting person accumulated 2,558 shares under Valley's 401(k) Plan until his March 12, 2013 transfer of holdings in the VNB Stock Fund to alternate investment options under the plan. The reporting person currently holds no VNB shares under Valley's 401(k) Plan.
F11Represents a stock option award granted under the VNB 1999 Long Term Stock Incentive Plan which vested and became exercisable in five equal annual installments commencing with the first anniversary of the grant date. Amounts are adjusted to reflect 5% stock dividends since date of grant.
F2Adjusted to reflect a 5% stock dividend paid on May 25, 2007 to stockholders of record on May 11, 2007.
F3Adjusted to reflect 5% stock dividend paid on May 23, 2008 to stockholders of record on May 9, 2008.
F4Represents a restricted stock award granted under the VNB 2009 Long Term Stock Incentive Plan subject to vesting in three equal annual installments commencing with the first anniversary of the grant date.
F5Adjusted to reflect 5% stock dividend paid on May 22, 2009 to shareholders of record on May 8, 2009.
F6Adjusted to reflect 5% stock dividend paid on May 21, 2010 to shareholders of record on May 7, 2010.
F7Adjusted to reflect 5% stock dividend paid on May 20, 2011 to shareholders of record on May 6, 2011.
F8Adjusted to reflect 5% stock dividend paid on May 25, 2012 to shareholders of record on May 11, 2012.
F9Amount reported reflects downward adjustment of seven shares due to rounding.