1. Name and Address of Reporting Person
GARBER, RICHARD P.
1455 VALLEY ROAD
WAYNE, NJ 07470-
2. Issuer Name and Ticker or Trading Symbol
VALLEY NATIONAL BANCORP (VLY)
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Day/Year
11/20/2002
5. If Amendment, Date of Original (Month/Day/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director ( ) 10% Owner
(X) Officer (give title below) ( ) Other (specify below)
FIRST SENIOR VICE PRESIDENT
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
TABLE I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
+------------------------------+----------+----------+---------+--------------------------+--------------+-----------+------------+
|1. Title of Security |2. Trans- |2A.Execu- |3. Trans-|4. Securities Acquired (A)|5. Amount of |6. Owner- |7. Nature |
| | action | action | action| or Disposed of (D) |Securities | ship | of In- |
| | Date | Date | Code | |Beneficially | Form: | direct |
| | | | | |Owned | Direct | Bene- |
| | (Month/ | (Month/ | | |Following | (D) or | ficial |
| | Day/ | Day/ +-----+---+-----------+---+----------+Reported | Indirect| Owner- |
| | Year) | Year) |Code |V |Amount |A/D|Price |Transaction(s)| (I) | ship |
+------------------------------+----------+----------+-----+---+-----------+---+----------+--------------+-----------+------------+
Common Stock 11/18/2002 A 1125 A $0.0000 23068 D
Common Stock 0 I 11/27/92
REST. STK.
OPTION
Common Stock 0 I 10/29/93
REST.STK.
AWARD
Common Stock 0 I 11/08/94
REST. STK.
AWARD
Common Stock 0 I 11/08/94
QUAL. STK.
OPTION
TABLE II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
+----------+--------+-------+-------+---------+-----------+---------------------+----------------+----------+-------+-------+------+
|1. |2. |3. |3A. |4. |5. |6. |7. |8. |9. |10. |11. |
| | | | | | | | | |Number |Owner- | |
| | | | | | | | | |of |ship | |
| | | | | | | | | |Deriv- |Form of| |
| | | | | | | |Title and Amount| |ative |Deriv- | |
| | | | | | | |of Underlying | |Secur- |ative |Nature|
| |Conver- |Trans- |Execu- | |Number of | |Securities | |ities |Secur- |of |
| |sion or |action |tion | |Derivative |Date Exercisable +-------+--------+ |Benefi-|ity: |In- |
| |Exercise|Date |Date | |Securities |and Expiration Date | |Amount | |cially |Direct |direct|
| |Price of| | |Transac- |Acquired(A)|(Month/Day/Year) | |or | |Owned |(D) or |Bene- |
|Title of |Deriv- |(Month/|(Month/|tion Code|Disposed(D)+----------+----------+ |Number |Price of | |In- |ficial|
|Derivative|ative | Day/ | Day/ +------+--+-----+-----+Date Exer-|Expira- | |of |Derivative| |direct |Owner-|
|Security |Security|Year) |Year) |Code |V |(A) |(D) |cisable |tion Date |Title |Shares |Security | |(I) |ship |
+----------+--------+-------+-------+------+--+-----+-----+----------+----------+-------+--------+----------+-------+-------+------+
Stock $13.6 11/07/2006 Common 5696 D
Option Stock
Stock $17.6 10/27/2007 Common 7236 D
Option Stock
Stock $18.4 10/23/2008 Common 7236 D
Option Stock
Stock $19.2 11/12/2009 Common 6892 D
Option Stock
Stock $21.6 11/15/2010 Common 6563 D
Option Stock
Stock $24.55 11/07/2011 Common 4451 D
Option Stock
Stock $26.33 11/18/2 A 5600 11/18/2003 11/18/2012 Common 5600 $26.3300 5600 D
Option 002 Stock
STOCK $24.55 11/07/2011 Common 1799 D
OPTION/NQ Stock
Explanation of Responses:
Restricted grant under Valley's Stock Option Plan, awarded in five vesting
periods beginning one year from date of grant.
Valley stock split five for
four on May 17, 2002.
Granted under Valley's Stock Option Plan, exercisable in five equal installments
beginning one year from the grant date.
SIGNATURE OF REPORTING PERSON
/s/ RICHARD P. GARBER
DATE
11/20/2002