WEIDNER WAYNE R 4
4 · NATIONAL PENN BANCSHARES INC · Filed Feb 2, 2010
Insider Transaction Report
Form 4
WEIDNER WAYNE R
DirectorChairman
Transactions
- Gift
Common Stock
2009-12-24−2,200→ 32,800.587 total
Holdings
- 4,070.423
Phantom Stock (RSU's)
→ Common Stock (4,070.423 underlying) - 50,857(indirect: By 401(k))
Common Stock
Footnotes (4)
- [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]Balance includes Phantom stock units acquired upon "reinvestment of dividends accrued on phantom stock units under the Long-Term Incentive Compensation Plan. Because the Company has a dividend reinvestment plan available to substantially all of its shareholders on terms similar to the dividend reinvestment feature of the Long-Term Incentive Compensation Plan, the acquisition of phantom stock units with "reinvested" dividends is exempt from the line item reporting under SEC Rule 16a-11.
- [F4]Balance includes shares acquired upon reinvestment of cash dividends under the Company's exempt Dividend Reinvestment Plan.