SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 -------------------------------------------------------------------------------- FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): July 1, 2002 VALASSIS COMMUNICATIONS, INC. ________________________________________ (Exact name of registrant as specified in its charter) Delaware 1-10991 38-2760940 _________________ _______________ _________________ (State or other (Commission File Number) (IRS Employer of incorporation) Identification No) 19975 Victor Parkway, Livonia, Michigan 48152 ____________________________________ (Address of principal executive office) Registrant's telephone number, including area code: 734-591-3000 Item 5. OTHER EVENTS On July 1, 2002, Valassis announced that it increased its ownership in Valassis Relationship Marketing Systems (VRMS), its grocery loyalty marketing joint venture, to 87.96%. Effective July 1, 2002 Valassis' consolidated financials will include the financials of VRMS. A copy of the Company press release related to this event is being filed as an Exhibit to this Form 8-K. Item 7. FINANCIAL STATEMENTS AND EXHIBITS Exhibit 99.1 Press Release of Valassis Communications, Inc. dated July 1, 2002 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. VALASSIS COMMUNICATIONS, INC. By: /s/Robert L. Recchia ------------------------------- Robert L. Recchia Executive Vice President and Chief Financial Officer Dated: July 2, 2002