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KOVACS CARL F 4

Accession 0001127602-09-004851

CIK 0000700733other

View on SEC.gov Company Profile

Filed

Feb 24, 7:00 PM ET

Accepted

Feb 25, 3:49 PM ET

Size

10.4 KB

Accession

0001127602-09-004851

Insider Transaction Report

Form 4

Period: 2009-02-23

NATIONAL PENN BANCSHARES INCNPBC

GEVP

Transactions

Award
Common Stock
2009-02-23+2,920→ 3,072 total
Award
Employee Stock Option (Right to Buy)
2009-02-23+8,750→ 8,750 total
Exercise: $6.88Exp: 2019-03-23→ Common Stock (8,750 underlying)
Award
Common Stock
2009-02-23+2,500→ 5,572 total

Holdings

Common Stock
(indirect: Esop)
1,445.254
Common Stock
(indirect: By IRA)
4,030

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.

Documents

1 file

4
form4.xmlPrimary
PRIMARY DOCUMENT

Issuer

NATIONAL PENN BANCSHARES INC

CIK 0000700733

Entity typeother

Related Parties

1

filerCIK 0001247018

Filing Metadata

Form type: 4
Filed: Feb 24, 7:00 PM ET
Accepted: Feb 25, 3:49 PM ET
Size: 10.4 KB

View on SEC.gov