4//SEC Filing
Beaver Thomas Arthur 4
Accession 0001127602-13-002470
CIK 0000700733other
Filed
Jan 22, 7:00 PM ET
Accepted
Jan 23, 7:09 PM ET
Size
10.1 KB
Accession
0001127602-13-002470
Insider Transaction Report
Form 4
Beaver Thomas Arthur
Director
Transactions
- Award
Phantom Stock (RSUs)
2013-01-22$9.84/sh+7,114$70,002→ 54,201.305 total→ Common Stock (7,114 underlying)
Holdings
- 39,863.787
Phantom Stock (Deferred Stock)
→ Common Stock (39,863.787 underlying) - 39,133.212
Common Stock
- 1,000(indirect: Caitlin A. Beaver Ugma/pa)
Common Stock
- 4,060(indirect: Thomas Andrew Beaver Ugma/pa)
Common Stock
Footnotes (6)
- [F1]Balance includes shares acquired upon reinvestment of cash dividends under the Company's exempt Dividend Reinvestment Plan.
- [F2]1 for 1
- [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]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.
- [F6]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.
Documents
Issuer
NATIONAL PENN BANCSHARES INC
CIK 0000700733
Entity typeother
Related Parties
1- filerCIK 0001334317
Filing Metadata
- Form type
- 4
- Filed
- Jan 22, 7:00 PM ET
- Accepted
- Jan 23, 7:09 PM ET
- Size
- 10.1 KB