Filing Details

Accession Number:
0001127602-10-000305
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-01-05 12:00:00
Reporting Period:
2009-12-31
Filing Date:
2010-01-05
Accepted Time:
2010-01-05 09:45:09
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
700733 National Penn Bancshares Inc NPBC National Commercial Banks (6021) 232215075
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1377274 Natalye Paquin Philadelphia &Amp; Reading Avenues
P. O. Box 547
Boyertown PA 19512-0547
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2009-12-31 299 $0.00 10,791 No 4 J Direct
Common Stock Acquisiton 2009-12-31 1,841 $5.80 12,632 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 J Direct
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Phantom Stock (RSU's) Acquisiton 2009-12-31 70 $0.00 70 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
4,070 No 4 J Direct
Footnotes
  1. Shares acquired upon reinvestment of cash dividends under the Company's execempt Dividend Reinvestment Plan.
  2. Shares were acquired under the NPBC Directors' Fee Plan. Fees are paid March 31, June 30, Sept 30 and Dec. 31.
  3. 1 for 1
  4. 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.
  5. 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 line item reporting under SEC Rule 16a-11.