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4//SEC Filing

NATIONAL PENN BANCSHARES INC 4

Accession 0001127602-09-000209

CIK 0000700733operating

Filed

Jan 4, 7:00 PM ET

Accepted

Jan 5, 9:59 AM ET

Size

7.9 KB

Accession

0001127602-09-000209

Insider Transaction Report

Form 4
Period: 2008-12-31
Transactions
  • Award

    Phantom Stock

    2008-12-31$14.26/sh+2,233.075$31,8417,681.249 total
    Common Stock (2,233.075 underlying)
  • Other

    Common Stock

    2008-12-31+95.239175,212.677 total
Footnotes (4)
  • [F1]1 for 1
  • [F2]Includes phantom stock units acquired upon "reinvestment" of dividend accrued on phantom stock units under the Directors' Fee Plan. Because the Company has a dividend reinvestment plan available to substanitally 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.
  • [F3]Shares acquired upon reinvestment of cash dividends under the Company's exempt Dividend Reinvestment Plan.
  • [F4]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.

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, 9:59 AM ET
Size
7.9 KB