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HAFER FRED D 4

Accession 0000700733-07-000006

CIK 0000700733other

Filed

Jan 2, 7:00 PM ET

Accepted

Jan 3, 1:28 PM ET

Size

8.7 KB

Accession

0000700733-07-000006

Insider Transaction Report

Form 4
Period: 2006-12-29
HAFER FRED D
Director
Transactions
  • Award

    Phantom Stock

    2006-12-29$20.26/sh+1,932.203$39,1398,103.047 total
    Common Stock (1,932.203 underlying)
  • Other

    Common Stock

    2006-12-29+669.30715,512.644 total
Footnotes (4)
  • [F1]Includes 221.1654 shares acquired upon reinvestment of cash dividends under the Company's exempt Dividend Reinvestment Plan; 105.880 on 8/17/06 and 115.2854 on 11/17/06. Also includes 448.1413 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 104.0157 phantom stock units acquired upon reinvestment of dividend accrued on phantom stock units under the Directors' Fee Plan: 52.4218 on 8/17/06 and 51.5939 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 186.6980 shares acquired pursuant to the Company's payment of a 3% stock dividend declared August 23, 2006 and paid on September 30, 2006.

Issuer

NATIONAL PENN BANCSHARES INC

CIK 0000700733

Entity typeother

Related Parties

1
  • filerCIK 0001174778

Filing Metadata

Form type
4
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 1:28 PM ET
Size
8.7 KB