Based on Kogelnik’s coupled-wave theory, it is found that when a femtosecond pulse is incident on a transmitted volume holographic grating, two transverse standing waves along the grating vector direction will be generated inside the volume holographic grating (VHG). Due to field localization of two standing waves, they have two different velocities along the propagation depth. On the output plane of the VHG, femtosecond dual pulses are generated in both the diffracted and transmitted directions. Results show that the pulse interval is determined by the refractive index modulation and thickness of the grating, while the waveform of the dual pulses is independent of the grating parameters.