0001127602-14-028159.txt : 20140918
0001127602-14-028159.hdr.sgml : 20140918
20140918163556
ACCESSION NUMBER: 0001127602-14-028159
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140917
FILED AS OF DATE: 20140918
DATE AS OF CHANGE: 20140918
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: NATIONAL PENN BANCSHARES INC
CENTRAL INDEX KEY: 0000700733
STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021]
IRS NUMBER: 232215075
STATE OF INCORPORATION: PA
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 645 HAMILTON STREET, #1100
CITY: ALLENTOWN
STATE: PA
ZIP: 18101
BUSINESS PHONE: 1-800-822-3321
MAIL ADDRESS:
STREET 1: 645 HAMILTON STREET, #1100
CITY: ALLENTOWN
STATE: PA
ZIP: 18101
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MARTIN CHRISTIAN F IV
CENTRAL INDEX KEY: 0001246955
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-22537-01
FILM NUMBER: 141110345
MAIL ADDRESS:
STREET 1: 90 HIGHLAND AVENUE
CITY: BETHLEHEM
STATE: PA
ZIP: 18017
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2014-09-17
0000700733
NATIONAL PENN BANCSHARES INC
NPBC
0001246955
MARTIN CHRISTIAN F IV
645 HAMILTON STREET
ALLENTOWN
PA
18101
1
Common Stock
2014-09-17
4
P
0
999.0001
10.01
A
374661.0985
D
Common Stock
4876
I
Daughter
Common Stock
53226.9475
I
Spouse
Common Stock
62381.33
I
Subsidiary
Phantom Stock (RSUs)
Common Stock
37748
37748
D
Phantom Stock (Deferred Stock)
Common Stock
33006.7365
33006.7365
D
Balance includes shares acquired upon reinvestment of cash dividends under the Company's exempt Dividend Reinvestment Plan.
The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
1 for 1
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.
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.
The phantom stock units were accrued under the National Penn Bancshares, Inc. Directors' Fee Plan and are to be settled in National Penn Bancshares, Inc. common stock upon the reporting person's retirement as a director or reaching the age of 65, as elected by such person.
Balance includes Phantom stock units acquired upon "reinvestment" of dividends accrued on phantom stock units under the Directors' Fee 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 Directors' Fee Plan, the acquisition of phantom stock units with "reinvested" dividends is exempt from line item reporting under SEC Rule 16a-11.
/s/ Sean P. Kehoe, by power of attorney
2014-09-18