KOVACS CARL F 4
4 · NATIONAL PENN BANCSHARES INC · Filed Jan 26, 2011
Insider Transaction Report
Form 4
KOVACS CARL F
GEVP
Transactions
- Award
Common Stock
2011-01-24+6,473→ 20,545 total
Holdings
- 5,864(indirect: By IRA)
Common Stock
- 8,435(indirect: By 401(k))
401K
Footnotes (2)
- [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]Balance as of plan statement dated December 31, 2010.