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4//SEC Filing

FEATHER JEFFREY P 4

Accession 0001127602-10-002981

CIK 0000700733other

Filed

Feb 1, 7:00 PM ET

Accepted

Feb 2, 9:53 AM ET

Size

6.8 KB

Accession

0001127602-10-002981

Insider Transaction Report

Form 4
Period: 2010-02-01
Transactions
  • Award

    Phantom Stock (RSU's)

    2010-02-01+9,00013,070.423 total
    Common Stock (9,000 underlying)
Holdings
  • Common Stock

    323,169
Footnotes (3)
  • [F1]1 for 1
  • [F2]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.
  • [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.

Issuer

NATIONAL PENN BANCSHARES INC

CIK 0000700733

Entity typeother

Related Parties

1
  • filerCIK 0001262725

Filing Metadata

Form type
4
Filed
Feb 1, 7:00 PM ET
Accepted
Feb 2, 9:53 AM ET
Size
6.8 KB