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4//SEC Filing

YATRON STRATTON D 4

Accession 0000700733-05-000058

CIK 0000700733other

Filed

Jun 30, 8:00 PM ET

Accepted

Jul 1, 4:16 PM ET

Size

8.6 KB

Accession

0000700733-05-000058

Insider Transaction Report

Form 4
Period: 2005-06-30
Transactions
  • Award

    Phantom Stock

    2005-06-30+610.2353,671.71 total
    Common Stock (610.235 underlying)
Holdings
  • Common Stock

    (indirect: By Trust)
    2,500
  • Common Stock

    7,820.421
  • Common Stock

    (indirect: By Trust)
    3,125
Footnotes (3)
  • [F1]1 for 1
  • [F2]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.
  • [F3]Includes 49.5516 phantom stock units acquired upon "reinvestment" of dividend accrued on phantom stock units under the Directors' Fee Plan: 23.6188 on 2/17/04; 25.9328 on 5/17/04. Because the Company has a dividend reinvestment plan available to substanitally 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.

Issuer

NATIONAL PENN BANCSHARES INC

CIK 0000700733

Entity typeother

Related Parties

1
  • filerCIK 0001145545

Filing Metadata

Form type
4
Filed
Jun 30, 8:00 PM ET
Accepted
Jul 1, 4:16 PM ET
Size
8.6 KB