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4//SEC Filing

NATIONAL PENN BANCSHARES INC 4

Accession 0000700733-06-000055

CIK 0000700733operating

Filed

Jul 2, 8:00 PM ET

Accepted

Jul 3, 2:26 PM ET

Size

8.4 KB

Accession

0000700733-06-000055

Insider Transaction Report

Form 4
Period: 2006-06-30
HAFER FRED D
Director
Transactions
  • Award

    Phantom Stock

    2006-06-30+918.0276,170.844 total
    Common Stock (918.027 underlying)
  • Other

    Common Stock

    2006-06-30+212.1914,843.337 total
Footnotes (4)
  • [F1]Shares acquired upon reinvestment of cash dividends under the Company's exempt Dividend Reinvestment Plan. 99.170 shares acquired on February 17, 2006 and 113.020 shares acquired on May 17, 2006.
  • [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 86.9364 phantom stock units acquired upon reinvestment of dividend accrued on phantom stock units under the Directors' Fee Plan: 41.6610 on 2/17/06 and 45.2754 on 5/17/06. 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.

Issuer

NATIONAL PENN BANCSHARES INC

CIK 0000700733

Entity typeoperating
IncorporatedPA

Related Parties

1
  • filerCIK 0000700733

Filing Metadata

Form type
4
Filed
Jul 2, 8:00 PM ET
Accepted
Jul 3, 2:26 PM ET
Size
8.4 KB