4//SEC Filing
WORTHINGTON DONALD P 4
Accession 0001127602-11-002406
CIK 0000700733other
Filed
Jan 25, 7:00 PM ET
Accepted
Jan 26, 4:59 PM ET
Size
10.7 KB
Accession
0001127602-11-002406
Insider Transaction Report
Form 4
WORTHINGTON DONALD P
Group Executive Vice President
Transactions
- Gift
Common Stock
2010-12-13−3,000→ 94,147 total - Gift
Common Stock
2010-12-08−3,000→ 91,147 total - Gift
Common Stock
2010-12-14−3,000→ 97,147 total - Award
Common Stock
2011-01-24+8,199→ 100,147 total
Holdings
- 12,219(indirect: By 401(k))
Common Stock
Footnotes (2)
- [F1]Restricted stock award that is subject to forfeiture, with certain exceptions, if the reporting person terminates employment before the later of the second anniversary of the date of the award and (i) for the first 25% of the restricted stock, at the time the Company repurchases at least 25% of its preferred stock from the U.S. Treasury purchased pursuant to the TARP Capital Purchase Program, (ii) for the next 25% of the restricted stock, at the time the Company repurchases 50% of such preferred stock, (iii) for the next 25% of the restricted stock, at the time the Company repurchases 75% of such preferred stock, and (iv) for the last 25% of the restricted stock, at the time the Company repurchases 100% of such preferred stock. Notwithstanding the foregoing, all restrictions will lapse when the Company repurchases 100% of such preferred stock.
- [F2]Balance as of plan statement dated December 31, 2010.
Documents
Issuer
NATIONAL PENN BANCSHARES INC
CIK 0000700733
Entity typeother
Related Parties
1- filerCIK 0001282408
Filing Metadata
- Form type
- 4
- Filed
- Jan 25, 7:00 PM ET
- Accepted
- Jan 26, 4:59 PM ET
- Size
- 10.7 KB