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4//SEC Filing

NATIONAL PENN BANCSHARES INC 4

Accession 0000700733-04-000074

CIK 0000700733operating

Filed

Dec 2, 7:00 PM ET

Accepted

Dec 3, 4:42 PM ET

Size

8.8 KB

Accession

0000700733-04-000074

Insider Transaction Report

Form 4
Period: 2004-12-02
REINHARD MICHAEL R
Chief Financial Officer
Transactions
  • Award

    Employee Stock Option (Right to Buy)

    2004-12-02+10,00010,000 total
    Exercise: $28.50Exp: 2015-01-02Common Stock (10,000 underlying)
Holdings
  • Common Stock

    6,202.85
  • Common Stock

    (indirect: By 401(k))
    7,662.352
Footnotes (5)
  • [F1]Includes 358.9045 Shares acquired pursuant through Company's exempt Employee Stock Purchase Plan during second and third quarters 2004. Also includes 1,068.5508 shares acquired purusant to the Company's five-for-four stock split declared August 25, 2004 and paid September 30, 2004.
  • [F2]Includes 14.1126 shares acquired upon reinvestment of cash dividends under the Company's exempt Dividend Reinvestment Plan: 4.5670 on 5/17/04 , 4.6012 on 8/17/04, and 4.9444 on 11/17/04. Also includes 136.1240 shares acquired pursuant to the Company payment of a five-for-four stock split declared August 25, 2004 and paid on September 30, 2004.
  • [F3]Includes 391.817 shares acquired pursuant to the Company's Capital Accumulation Plan (a 401 (K) plan). 141.123 shares were acquired during first quarter; 116.468 shares acquired during second quarter, and 134.226 shares acquired during third quarter 2004. The total is based on the most recent plan statement available (as of September 30, 2004). All shares were acquired in routine new-money acquisitions exempt under Rule 16b-3(c) and Rule 16a-3(f)(I)(I)(B). Also includes 1,454.107 shares acquired pursuant to the Company's payment of a five-for-four stock split declared August 24, 2004 and paid on September 30, 2004.
  • [F4]Options become exercisable in increments of 20% on December 2, 2005, 2006, 2007, 2008, and 2009.
  • [F5]Additional options held with various exercise prices or expiration dates. Total options held after adjustment of the Company's payment of a five-for-four stock split declared August 25, 2004 and paid on September 30, 2004 are 100,024

Issuer

NATIONAL PENN BANCSHARES INC

CIK 0000700733

Entity typeoperating
IncorporatedPA

Related Parties

1
  • filerCIK 0000700733

Filing Metadata

Form type
4
Filed
Dec 2, 7:00 PM ET
Accepted
Dec 3, 4:42 PM ET
Size
8.8 KB