4//SEC Filing
Byers Robert L 4
Accession 0001127602-10-000260
CIK 0000700733other
Filed
Jan 4, 7:00 PM ET
Accepted
Jan 5, 8:18 AM ET
Size
10.2 KB
Accession
0001127602-10-000260
Insider Transaction Report
Form 4
Byers Robert L
Director
Transactions
- Other
Phantom Stock (RSU's)
2009-12-31+100.039→ 4,100.039 total→ Common Stock (100.039 underlying) - Other
Common Stock
2009-12-31+130.65→ 173,743.327 total - Award
Phantom Stock (Deferred Stock)
2009-12-31$5.80/sh+1,799.017$10,434→ 15,020.548 total→ Common Stock (1,799.017 underlying)
Footnotes (5)
- [F1]1 for 1
- [F2]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.
- [F3]Includes phantom stock units acquired upon "reinvestment" of dividend 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.
- [F4]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.
- [F5]Shares acquired upon reinvestment of cash dividends under the Company's exempt Dividend Reinvestment Plan.
Documents
Issuer
NATIONAL PENN BANCSHARES INC
CIK 0000700733
Entity typeother
Related Parties
1- filerCIK 0001321434
Filing Metadata
- Form type
- 4
- Filed
- Jan 4, 7:00 PM ET
- Accepted
- Jan 5, 8:18 AM ET
- Size
- 10.2 KB