MORRISON MOLLY K 4
4 · NATIONAL PENN BANCSHARES INC · Filed Oct 2, 2009
Insider Transaction Report
Form 4
MORRISON MOLLY K
Director
Transactions
- Purchase
Common Stock
2009-09-30$6.28/sh+120$754→ 5,252.433 total - Exercise/Conversion
Phantom Stock
2009-09-30−4,000→ 0 total→ Common Stock (4,000 underlying) - Exercise/Conversion
Common Stock
2009-09-30+4,000→ 9,252.433 total
Footnotes (4)
- [F1]Shares were acquired under the NPBC Directors' Fee Plan. Fees are paid March 31, June 30, Sept. 30 and Dec. 31.
- [F2]1 for 1
- [F3]The phantom stock units granted under the National Penn Bancshares, Inc. Long-Term Incentive Compensation Plan are to be settled in National Penn Bancshares, Inc. common stock upon the reporting person's retirement from the Board.
- [F4]Each share of phantom stock was the economic equivalent of one share of NPBC common stock. The reporting person has retired and these shares were paid in accordance with the terms of the National Penn Long-Term Incentive Compensation Plan.