4//SEC Filing
NATIONAL PENN BANCSHARES INC 4
Accession 0000950159-04-000013
CIK 0000700733operating
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 5:55 PM ET
Size
9.6 KB
Accession
0000950159-04-000013
Insider Transaction Report
Form 4
LONGACRE KENNETH A
Director
Transactions
- Purchase
Common Stock
2003-12-31$32.64/sh+15$490→ 122,268 total - Award
Phantom Stock Units
2003-12-31$32.64/sh+819.471$26,750→ 5,002.944 total→ Common Stock (0 underlying) - Award
Phantom Stock Units
2003-06-30$28.48/sh+491.573$14,000→ 0 total→ Common Stock (0 underlying)
Footnotes (4)
- [F1]Includes 5,968 shares acquired pursuant to the Company's payment of a 5% stock dividend declared August 27, 2003 and paid September 30, 2003, and includes 914 shares acquired upon reinvestment of cash dividends under the Company's exempt Dividend Reinvestment Plan on 11/17/03.
- [F2]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.
- [F3]Includes 197.7195 phantom stock units acquired under the Directors' Fee Plan pursuant to the Company's payment of a 5% stock dividend declared August 27, 2003 and paid on September 30, 2003. Includes 122. 4067 phantom stock units acquired upon "reinvestment"of dividend accrued on phantom stock units under the Directors' Fee Plan: 32.4201 on 2/17/03;26.2599 on 5/17/03;32.3634 on 8/17/03;and 31.3633 on 11/17/03.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.
- [F4]1 for 1
Documents
Issuer
NATIONAL PENN BANCSHARES INC
CIK 0000700733
Entity typeoperating
IncorporatedPA
Related Parties
1- filerCIK 0000700733
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 5:55 PM ET
- Size
- 9.6 KB