4//SEC Filing
NATIONAL PENN BANCSHARES INC 4
Accession 0000700733-07-000058
CIK 0000700733operating
Filed
Jul 1, 8:00 PM ET
Accepted
Jul 2, 3:12 PM ET
Size
8.4 KB
Accession
0000700733-07-000058
Insider Transaction Report
Form 4
LONGACRE KENNETH A
Director
Transactions
- Award
Phantom Stock
2007-06-29$17.21/sh+1,241.733$21,374→ 16,946.024 total→ Common Stock (1,241.733 underlying) - Other
Common Stock
2007-06-29+3,391→ 209,945.627 total
Footnotes (4)
- [F1]Shares acquired upon reinvestment of cash dividends under the Company's exempt Dividend Reinvestment Plan on February 17 and May 17, 2007.
- [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 phantom stock units acquired upon reinvestment of dividend accrued on phantom stock units under the Directors' Fee Plan: 138.5408 on 2/17/07 and 144.6144 on 5/17/07. 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.
Documents
Issuer
NATIONAL PENN BANCSHARES INC
CIK 0000700733
Entity typeoperating
IncorporatedPA
Related Parties
1- filerCIK 0000700733
Filing Metadata
- Form type
- 4
- Filed
- Jul 1, 8:00 PM ET
- Accepted
- Jul 2, 3:12 PM ET
- Size
- 8.4 KB