0000898822-11-000699.txt : 20110815
0000898822-11-000699.hdr.sgml : 20110815
20110815170240
ACCESSION NUMBER: 0000898822-11-000699
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110811
FILED AS OF DATE: 20110815
DATE AS OF CHANGE: 20110815
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Martin Michael E.
CENTRAL INDEX KEY: 0001428194
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-22537-01
FILM NUMBER: 111037510
MAIL ADDRESS:
STREET 1: 717 FIFTH AVENUE
STREET 2: 16TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
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
4
1
primary_doc.xml
PRIMARY DOCUMENT
X0304
4
2011-08-11
0
0000700733
NATIONAL PENN BANCSHARES INC
NPBC
0001428194
Martin Michael E.
C/O WARBURG PINCUS LLC
450 LEXINGTON AVENUE
NEW YORK
NY
10017
1
0
0
0
Common Stock, no par value
2011-08-11
4
P
0
11400
6.43
A
24804789
I
See Footnotes.
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions in the open market at prices ranging from $6.26 to $6.55, inclusive. Michael E. Martin undertakes to provide to any securityholders of National Penn Bancshares, Inc. (the "Issuer") or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote (1).
As of August 15, 2011, Warburg Pincus Private Equity X, L.P., a Delaware limited partnership (together with Warburg Pincus X Partners, L.P., an affiliated Delaware limited partnership, "WP X") is the holder of 24,804,789 shares of common stock, no par value ("Common Stock") of the Issuer. Warburg Pincus X L.P., a Delaware limited partnership ("WP X LP"), is the general partner of WP X; Warburg Pincus X LLC, a Delaware limited liability company ("WP X LLC") is the general partner of WP X LP; Warburg Pincus Partners, LLC, a New York limited liability company ("WP Partners") is the sole member of WP X LLC; (Continued in Footnote 3)
and Warburg Pincus & Co., a New York general partnership ("WP") is the managing member of WP Partners. Warburg Pincus LLC, a New York limited liability company ("WP LLC") manages WP X, and Messrs. Charles R. Kaye and Joseph P. Landy are each a Managing General Partner of WP and Managing Member and Co-President of WP LLC and may be deemed to control WP X, WP X LP, WP X LLC, WP Partners, WP and WP LLC.
By reason of the provisions of Rule 16a-1 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), as a Partner of WP and a Member and Managing Director of WP LLC, Mr. Michael E. Martin may be deemed to be the beneficial owner of the Common Stock held by WP X.
Pursuant to Rule 16a-1(a)(4) of the Exchange Act, Mr. Michael E. Martin herein states that this filing shall not be deemed an admission that he is the beneficial owner of any of the shares of Common Stock covered by this Statement. Mr. Martin disclaims beneficial ownership of the Common Stock, except to the extent of his pecuniary interest in such shares of Common Stock.
/s/Michael E. Martin
2011-08-15