KOVACS CARL F 4
4 · NATIONAL PENN BANCSHARES INC · Filed Feb 3, 2010
Insider Transaction Report
Form 4
KOVACS CARL F
GEVP
Transactions
- Award
Common Stock
2010-02-01+7,916→ 14,072 total
Holdings
- 0(indirect: ESOP)
Common Stock
- 5,864(indirect: By IRA)
Common Stock
- 4,697(indirect: By 401(k))
401K
Footnotes (3)
- [F1]Restricted stock issued under the Long-Term Incentive Compensation Plan. Restricted periods from date of award: 20%-one year; 20%-two years; 20%-three years; 20%-four years; and 20%-five years. 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.
- [F2]1,834 shares were transferred from the KNBT Bancorp ESOP to the reporting persons IRA. The KNBT Bancorp ESOP was terminated effective 9/11/09.
- [F3]Includes 1,834 shares that were transferred from the KNBT Bancorp ESOP, which was terminated effective 9/11/09.