4//SEC Filing
REINHARD MICHAEL R 4
Accession 0001127602-09-004833
CIK 0000700733other
Filed
Feb 24, 7:00 PM ET
Accepted
Feb 25, 3:10 PM ET
Size
10.0 KB
Accession
0001127602-09-004833
Insider Transaction Report
Form 4
REINHARD MICHAEL R
Chief Financial Officer
Transactions
- Award
Common Stock
2009-02-23+4,170→ 26,202.611 total - Award
Common Stock
2009-02-23+2,500→ 28,702.611 total - Award
Employee Stock Option (Right to Buy)
2009-02-23+12,500→ 12,500 totalExercise: $6.88Exp: 2019-03-23→ Common Stock (12,500 underlying)
Holdings
- 15,111.757(indirect: By 401(k))
Common Stock
Footnotes (3)
- [F1]Options become exercisable in increments of 20% on February 23, 2010, 2011, 2012, 2013 and 2014.
- [F2]These options may not be exercised during the period during which National Penn or its affiliates has any obligation under the Troubled Asset Relief Program other than an obligation arising solely from the issuance of warrants to the U.S. Department of Treasury, and these options are subject to forfeiture in the event that the holder separates from service with the company and its affiliates prior to the end of such period.
- [F3]This award is subject to forfeiture if National Penn determines, in its sole discretion, that the issuance of these securities is prohibited by the American Recovery and Reinvestment Act of 2009 or any regulations or guidance issued thereunder.
Documents
Issuer
NATIONAL PENN BANCSHARES INC
CIK 0000700733
Entity typeother
Related Parties
1- filerCIK 0001197216
Filing Metadata
- Form type
- 4
- Filed
- Feb 24, 7:00 PM ET
- Accepted
- Feb 25, 3:10 PM ET
- Size
- 10.0 KB