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4//SEC Filing

KRAMER ALBERT H 4

Accession 0001127602-10-002985

CIK 0000700733other

Filed

Feb 1, 7:00 PM ET

Accepted

Feb 2, 10:19 AM ET

Size

7.0 KB

Accession

0001127602-10-002985

Insider Transaction Report

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

    Phantom Stock (RSU's)

    2010-02-01+8,0009,017.606 total
    Common Stock (8,000 underlying)
Holdings
  • Common Stock

    15,488.355
Footnotes (4)
  • [F1]1 for 1
  • [F2]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.
  • [F3]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.
  • [F4]Includes shares acquired upon reinvestment of cash dividends under the Company's exempt Dividend Reinvestment Plan.

Issuer

NATIONAL PENN BANCSHARES INC

CIK 0000700733

Entity typeother

Related Parties

1
  • filerCIK 0001145533

Filing Metadata

Form type
4
Filed
Feb 1, 7:00 PM ET
Accepted
Feb 2, 10:19 AM ET
Size
7.0 KB