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4//SEC Filing

NATIONAL PENN BANCSHARES INC 4

Accession 0001127602-15-002503

CIK 0000700733operating

Filed

Jan 21, 7:00 PM ET

Accepted

Jan 22, 6:42 PM ET

Size

10.1 KB

Accession

0001127602-15-002503

Insider Transaction Report

Form 4
Period: 2015-01-20
Transactions
  • Award

    Phantom Stock (RSUs)

    2015-01-20+6,43249,002 total
    Common Stock (6,432 underlying)
Holdings
  • Common Stock

    47,481.772
  • Common Stock

    (indirect: By Spouse)
    2,420.1
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.

Issuer

NATIONAL PENN BANCSHARES INC

CIK 0000700733

Entity typeoperating
IncorporatedPA

Related Parties

1
  • filerCIK 0000700733

Filing Metadata

Form type
4
Filed
Jan 21, 7:00 PM ET
Accepted
Jan 22, 6:42 PM ET
Size
10.1 KB