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4//SEC Filing

KROTT FREDERICK P 4

Accession 0001127602-09-014643

CIK 0000700733other

Filed

Jun 30, 8:00 PM ET

Accepted

Jul 1, 11:34 AM ET

Size

6.3 KB

Accession

0001127602-09-014643

Insider Transaction Report

Form 4
Period: 2009-06-30
KROTT FREDERICK P
DirectorOther
Transactions
  • Award

    Phantom Stock

    2009-06-30$4.52/sh+1,268.717$5,73516,409.127 total
    Common Stock (1,268.717 underlying)
Footnotes (3)
  • [F1]1 for 1
  • [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 phantom stock units acquired upon "reinvestment" of dividends 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.

Issuer

NATIONAL PENN BANCSHARES INC

CIK 0000700733

Entity typeother

Related Parties

1
  • filerCIK 0001145534

Filing Metadata

Form type
4
Filed
Jun 30, 8:00 PM ET
Accepted
Jul 1, 11:34 AM ET
Size
6.3 KB