0001127602-14-028152.txt : 20140918
0001127602-14-028152.hdr.sgml : 20140918
20140918151931
ACCESSION NUMBER: 0001127602-14-028152
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: Beaver Thomas Arthur
CENTRAL INDEX KEY: 0001334317
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-22537-01
FILM NUMBER: 141110007
MAIL ADDRESS:
STREET 1: 645 HAMILTON STREET
CITY: ALLENTOWN
STATE: PA
ZIP: 18101
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2014-09-17
0000700733
NATIONAL PENN BANCSHARES INC
NPBC
0001334317
Beaver Thomas Arthur
645 HAMILTON STREET
ALLENTOWN
PA
18101
1
1
CHAIRMAN
Common Stock
2014-09-17
4
P
0
4000
10.03
A
43748.7703
D
Phantom Stock (Deferred Stock)
Common Stock
42265.2504
42265.2504
D
Phantom Stock (RSUs)
Common Stock
63970
63970
D
Balance includes shares acquired upon reinvestment of cash dividends under the Company's exempt Dividend Reinvestment Plan.
1 for 1
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.
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.
/s/ Sean P. Kehoe, by power of attorney
2014-09-18