LANGIOTTI PATRICIA L 4
4 · NATIONAL PENN BANCSHARES INC · Filed Jan 23, 2013
Insider Transaction Report
Form 4
LANGIOTTI PATRICIA L
Director
Transactions
- Award
Phantom Stock (RSUs)
2013-01-22$9.84/sh+6,220$61,205→ 34,240.455 total→ Common Stock (6,220 underlying)
Holdings
- 2,259.37(indirect: By Spouse)
Common Stock
- 44,328.077
Common Stock
Footnotes (4)
- [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.