HUGHES MICHAEL J 4
4 · NATIONAL PENN BANCSHARES INC · Filed Jan 25, 2012
Insider Transaction Report
Form 4
HUGHES MICHAEL J
CHIEF FINANCIAL OFFICER
Transactions
- Award
Common Stock
2012-01-23$8.80/sh+40,909$359,999→ 137,146.93 total
Footnotes (1)
- [F1]Restricted stock issued under the Long-Term Incentive Compensation Plan. Restricted periods from date of award: 25%-one year; 25%-two years; 25%-three years; and 25%-four 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.