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4//SEC Filing

HOLTON DONNA D 4

Accession 0001127602-11-002310

CIK 0000700733other

Filed

Jan 25, 7:00 PM ET

Accepted

Jan 26, 10:07 AM ET

Size

6.2 KB

Accession

0001127602-11-002310

Insider Transaction Report

Form 4
Period: 2011-01-24
Transactions
  • Award

    Phantom Stock (RSUs)

    2011-01-24+6,56019,708.337 total
    Common Stock (6,560 underlying)
Footnotes (3)
  • [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.

Issuer

NATIONAL PENN BANCSHARES INC

CIK 0000700733

Entity typeother

Related Parties

1
  • filerCIK 0001262726

Filing Metadata

Form type
4
Filed
Jan 25, 7:00 PM ET
Accepted
Jan 26, 10:07 AM ET
Size
6.2 KB