4//SEC Filing
RIGG ROBERT E 4
Accession 0001127602-12-012676
CIK 0000700733other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 12:16 PM ET
Size
11.3 KB
Accession
0001127602-12-012676
Insider Transaction Report
Form 4
RIGG ROBERT E
Director
Transactions
- Gift
Common Stock
2012-03-13−1,450→ 6,709 total(indirect: By Spouse) - Gift
Common Stock
2012-03-13−1,450→ 541,777.445 total - Award
Phantom Stock (Deferred Stock)
2012-03-30$9.07/sh+2,094.818$19,000→ 41,229.634 total→ Common Stock (2,094.818 underlying)
Holdings
- 24,249.718
Phantom Stock (Deferred Stock)
→ Common Stock (24,249.718 underlying)
Footnotes (6)
- [F1]1 for 1
- [F2]The phantom stock units were accrued under the National Penn Bancshares, Inc. Directors' Fee Plan and are to be settled in National Penn Bancshares, Inc. common stock upon the reporting person's retirement as a director or reaching the age of 65, as elected by such person.
- [F3]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.
- [F4]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.
- [F5]Balance includes Phantom stock units acquired upon "reinvestment" of dividends accrued on phantom stock units under the Directors' Fee 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 Directors' Fee Plan, the acquisition of phantom stock units with "reinvested" dividends is exempt from line item reporting under SEC Rule 16a-11.
- [F6]Balance includes shares acquired upon reinvestment of cash dividends under the Company's exempt Dividend Reinvestment Plan.
Documents
Issuer
NATIONAL PENN BANCSHARES INC
CIK 0000700733
Entity typeother
Related Parties
1- filerCIK 0001145539
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 12:16 PM ET
- Size
- 11.3 KB