4//SEC Filing
HAFER FRED D 4
Accession 0000950159-04-000016
CIK 0000700733other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 6:13 PM ET
Size
9.4 KB
Accession
0000950159-04-000016
Insider Transaction Report
Form 4
HAFER FRED D
Director
Transactions
- Award
Phantom Stock Units
2003-06-30$28.48/sh+316.011$9,000→ 0 total→ Common Stock (0 underlying) - Other
Common Stock
2003-12-31+0→ 3,634.487 total - Award
Phantom Stock Units
2003-12-31$32.64/sh+635.665$20,750→ 1,138.598 total→ Common Stock (0 underlying)
Footnotes (4)
- [F1]Includes 171.77 shares acquired pursuant to the Company's payment of a 5% stock dividend declared August 27, 2003 and paid September 30, 2003, and includes shares acquired upon reinvestment of cash dividends under the Company's exempt Dividend Reinvestment Plan: 19.342 on 8/17/03 and 27.326 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 23.7696 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 10.321 phantom stock units acquired upon "reinvestment"of dividend accrued on phantom stock units under the Directors' Fee Plan: 1.4695 on 2/17/03;1.1903 on 5/17/03;3. 8907 on 8/17/03;and 3.7705 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 typeother
Related Parties
1- filerCIK 0001174778
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 6:13 PM ET
- Size
- 9.4 KB