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HAFER FRED D 4

Accession 0000700733-06-000003

CIK 0000700733other

Filed

Jan 3, 7:00 PM ET

Accepted

Jan 4, 9:33 AM ET

Size

8.6 KB

Accession

0000700733-06-000003

Insider Transaction Report

Form 4
Period: 2006-01-02
HAFER FRED D
Director
Transactions
  • Award

    Phantom Stock

    2006-01-02+2,003.2695,252.817 total
    Common Stock (2,003.269 underlying)
  • Other

    Common Stock

    2005-12-30+2,429.1612,730.75 total
Footnotes (4)
  • [F1]Includes 104.16 shares acquired upon reinvestment of cash dividends under the Company's exempt Dividend Reinvestment Plan on November 17, 2005. Also includes 2,325.00 shares acquired pursuant to the Company's payment of a 5-for-4 stock split declared on August 24, 2005 and paid on September 30, 2005.
  • [F2]1 for 1
  • [F3]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.
  • [F4]Includes 59.152 phantom stock units acquired upon reinvestment of dividend accrued on phantom stock units under the Directors' Fee Plan: 25.3425 on 8/17/05 and 33.8095 on 11/17/05. Because the Company has a dividend reinvestment plan available to substantially 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 818.7227 shares acquired pursuant to the Company's payment of a five-for-four stock split declared August 24, 2005 and paid on September 30, 2005.

Issuer

NATIONAL PENN BANCSHARES INC

CIK 0000700733

Entity typeother

Related Parties

1
  • filerCIK 0001174778

Filing Metadata

Form type
4
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 9:33 AM ET
Size
8.6 KB