REINHARD MICHAEL R 4
4 · NATIONAL PENN BANCSHARES INC · Filed Apr 27, 2004
Insider Transaction Report
Form 4
REINHARD MICHAEL R
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
[F1]2004-04-23$12.01/sh+9,663$116,011→ 14,288.158 total - Sale
Common Stock
[F1]2004-04-23$30.14/sh−9,663$291,262→ 4,625.158 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
[F2][F3]2004-04-23−9,663→ 0 totalExercise: $12.01From: 1996-09-28Exp: 2004-09-28→ Common Stock (9,663 underlying)
Holdings
- 5,816.428(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Includes 112.047 shares acquired pursuant through Company's exempt Employee Stock Purchase Plan during first quarter 2004 and includes 32.1226 shares acquired upon reinvestment of cash dividends under the Company's exempt Dividend Reinvestment Plan on 2/17/04.
- [F2]This option was adjusted to reflect the 5% stock dividend paid by the Company on September 30, 2003
- [F3]Additional options held with various exercise prices or expiration dates. Total options held are 72,017.
Signature
Teresa D. Steuer/Sandra L. Spayd, POA|2004-04-27