4//SEC Filing
NATIONAL PENN BANCSHARES INC 4
Accession 0000700733-07-000004
CIK 0000700733operating
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 1:15 PM ET
Size
8.7 KB
Accession
0000700733-07-000004
Insider Transaction Report
Form 4
LONGACRE KENNETH A
Director
Transactions
- Other
Common Stock
2006-12-29+1,721.627→ 205,734.627 total - Award
Phantom Stock
2006-12-29$20.26/sh+2,639.581$53,467→ 15,704.291 total→ Common Stock (2,639.581 underlying)
Footnotes (4)
- [F1]Includes 1,664.4854 shares acquired upon reinvestment of cash dividends under the Company's exempt Dividend Reinvestment Plan on 11/17/06. Also includes 57.1413 shares acquired pursuant to the Company's payment of a 3% stock dividend declared on August 23, 2006 and paid on September 30, 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 220.2187 phantom stock units acquired upon reinvestment of dividend accrued on phantom stock units under the Directors' Fee Plan: 110.9858 on 8/17/06 and 109.2329 on 11/17/06. 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. Also includes 395.2709 shares acquired pursuant to the Company's payment of a 3% stock dividend declared August 23, 2006 and paid on September 30, 2006.
Documents
Issuer
NATIONAL PENN BANCSHARES INC
CIK 0000700733
Entity typeoperating
IncorporatedPA
Related Parties
1- filerCIK 0000700733
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 1:15 PM ET
- Size
- 8.7 KB