0001127602-12-002490.txt : 20120125 0001127602-12-002490.hdr.sgml : 20120125 20120125160114 ACCESSION NUMBER: 0001127602-12-002490 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20120123 FILED AS OF DATE: 20120125 DATE AS OF CHANGE: 20120125 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: PHILADELPHIA AND READING AVES STREET 2: PO BOX 547 CITY: BOYERTOWN STATE: PA ZIP: 19512 BUSINESS PHONE: 1-800-822-3321 MAIL ADDRESS: STREET 1: PHILADELPHIA AND READING AVES STREET 2: P. O. BOX 547 CITY: BOYERTOWN STATE: PA ZIP: 19512 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: KENNEDY DAVID B CENTRAL INDEX KEY: 0001267707 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-22537-01 FILM NUMBER: 12544859 MAIL ADDRESS: STREET 1: KNBT BANCORP INC STREET 2: 90 HIGHLAND AVENUE CITY: BETHLEHEM STATE: PA ZIP: 18017 4 1 form4.xml PRIMARY DOCUMENT X0304 4 2012-01-23 0000700733 NATIONAL PENN BANCSHARES INC NPBC 0001267707 KENNEDY DAVID B P. O. BOX 547 BOYERTOWN PA 19512 1 Group EVP Common Stock 2012-01-23 4 A 0 20454 8.80 A 41954 D Common Stock 2012-01-24 4 F 0 601 8.89 D 41353 D Common Stock 8831 I IRA 401K 7191 I 401K Represents the number of shares withheld to satisfy tax obligations upon the vesting of restricted stock awards granted on January 24, 2011. Restricted stock issued under the Long-Term Incentive Compensation Plan. Restricted periods from date of award: 25%-one year; 25%-two years; 25%-three years; and 25%-four years. To the extent the time restrictions are met, the restricted stock will vest. To the extent the time restrictions are not met, the award will lapse. Balance as of plan statement dated December 31, 2011. /s/ H. Anderson Ellsworth, by power of attorney 2012-01-25 EX-24 2 doc1.txt POWER OF ATTORNEY Know all by these presents, that the undersigned hereby constitutes And appoints each of H. Anderson Ellsworth and Teresa D. Steuer, Signing singly, the undersigned's true and lawful attorney-in-fact to: 1. Execute for and on behalf of the undersigned, in the undersigned's capacity as an officer and/or director of National Penn Bancshares, Inc. (the" Company"), Forms 3, 4 , and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934 and the rules thereunder. 2. Do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4, or 5, complete and execute any amendment or amendments thereto, and timely file such form with the United States Securities and Exchange Commission and any stock exchange or similar authority; and 3. Take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney in-fact may approve in such attorney-in-fact's discretion. The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorneys-in- fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming, any of the undersigned's responsibilities to comply with Section 16 of the Securities Act of 1934. This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4 and 5 with respect to the undersigned's holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact. IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 1st day of February, 2011. \s\David B. Kennedy Signature DAVID B. KENNEDY Print Name