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WEIDNER WAYNE R 4

Accession 0001127602-10-030958

CIK 0000700733other

Filed

Dec 16, 7:00 PM ET

Accepted

Dec 17, 10:03 AM ET

Size

8.5 KB

Accession

0001127602-10-030958

Insider Transaction Report

Form 4
Period: 2010-12-16
WEIDNER WAYNE R
DirectorChairman
Transactions
  • Purchase

    Common Stock

    2010-12-16$7.77/sh+2,500$19,42532,300.587 total
  • Gift

    Common Stock

    2010-12-013,00029,800.587 total
Holdings
  • Phantom Stock (RSU's)

    Common Stock (12,142.376 underlying)
    12,142.376
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.

Issuer

NATIONAL PENN BANCSHARES INC

CIK 0000700733

Entity typeother

Related Parties

1
  • filerCIK 0001145544

Filing Metadata

Form type
4
Filed
Dec 16, 7:00 PM ET
Accepted
Dec 17, 10:03 AM ET
Size
8.5 KB