NATIONAL PENN BANCSHARES INC 4
4 · NATIONAL PENN BANCSHARES INC · Filed Dec 3, 2004
Insider Transaction Report
Form 4
GARCHINSKY HUGH J
Other
Transactions
- Award
Employee Stock Option (Right to Buy)
2004-12-02+3,500→ 3,500 totalExercise: $28.50Exp: 2015-01-02→ Common Stock (3,500 underlying)
Holdings
- 3,947.895(indirect: By 401(k))
Common Stock
- 1,787.5
Common Stock
Footnotes (4)
- [F1]Includes 357.5 shares acquired pursuant to the Company's payment of a five-for-four stock split declared August 25, 2004 and paid September 30, 2004.
- [F2]Includes 54.020 shares acquired pursuant to the Company's Capital Accumulation Plan (a 401 (K) plan). The total is based on the most recent plan statement available (as of September 30, 2004). All shares were acquired in routine new-money acquisitions exempt under Rule 16b-3(c) and Rule 16a-3(f)(I)(I)(B). Also includes 778.775 shares acquired pursuant to the Company's payment of a five-for-four stock split declared August 24, 2004 and paid on September 30, 2004.
- [F3]Options become exercisable in increments of 20% on December 2, 2005, 2006, 2007, 2008, and 2009.
- [F4]Additional options held with various exercise prices or expiration dates. Total options held are 35,810