Ellsworth H Anderson 4
4 · NATIONAL PENN BANCSHARES INC · Filed Feb 25, 2009
Insider Transaction Report
Form 4
Ellsworth H Anderson
EVP & Sec. Law Compliance Dir.
Transactions
- Award
Common Stock
2009-02-23+850→ 15,371.928 total - Award
Employee Stock Option (Right to Buy)
2009-02-23+3,500→ 3,500 totalExercise: $6.88Exp: 2019-03-23→ Common Stock (3,500 underlying) - Award
Common Stock
2009-02-23+1,170→ 14,521.928 total
Holdings
- 9,612.695(indirect: By 401(k))
Common Stock
- 2,216.183(indirect: By Spouse)
Common Stock
Footnotes (3)
- [F1]Options become exercisable in increments of 20% on February 23, 2010, 2011, 2012, 2013 and 2014.
- [F2]Performance-restricted restricted stock issued under the Long-Term Incentive Compensation Plan. To the extent performance goals and time restrictions are met, shares of National Penn common stock will vest. To the extent the performance goals and time restrictions are not met, the award will lapse.
- [F3]Restricted stock issued under the Long-Term Incentive Compensation Plan. Restricted period is five years from date of award. To the extent the time restrictions are met, the restricted stock will vest. To the extent the time restrictions are not met, the award will lapse.