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LONGACRE KENNETH A 4

Accession 0000700733-05-000003

CIK 0000700733other

Filed

Jan 2, 7:00 PM ET

Accepted

Jan 3, 2:23 PM ET

Size

10.3 KB

Accession

0000700733-05-000003

Insider Transaction Report

Form 4
Period: 2004-12-31
Transactions
  • Gift

    Common Stock

    2004-11-155,000150,191.25 total
  • Award

    Phantom Stock

    2004-12-31+725.3877,658.42 total
    Common Stock (725.387 underlying)
  • Other

    Common Stock

    2004-12-31+2,147152,595 total
Footnotes (5)
  • [F1]Includes 31,295 shares acquired pursuant to the Company's payment of a five-for-four stock split declared August 25, 2004 and paid September 30, 2004.
  • [F2]Shares acquired upon reinvestment of cash dividends under the Company's exempt Dividend Reinvestment Plan: 1,030 on 8/17/04 and 1,117 on 11/17/04.
  • [F3]1 for 1
  • [F4]The phantom stock units were accrued under the National Penn Bancshares, Inc. Directors' Fee Plan and are to be settled in National Penn Bancshares, Inc. common stock upon the reporting person's retirement as a director or reaching the age of 65, as elected by such person.
  • [F5]Includes 96.8466 phantom stock units acquired upon "reinvestment" of dividend accrued on phantom stock units under the Directors' Fee Plan: 46.6999 on 8/17/04 and 50.1467 on 11/17/04. Because the Company has a dividend reinvestment plan available to substanially all of its shareholders on terms similar to the dividend reinvestment feature of the Directors' Fee Plan, the acquisition of phantom stock units with "reinvested" dividends is exempt from line item reporting under SEC Rule 16a-11. Also includes 1,376.5773 shares acquired pursuant to the Company's payment of a five-for-four stock split declared August 25, 2004 and paid September 30, 2004.

Issuer

NATIONAL PENN BANCSHARES INC

CIK 0000700733

Entity typeother

Related Parties

1
  • filerCIK 0001164343

Filing Metadata

Form type
4
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 2:23 PM ET
Size
10.3 KB