X0303 4 2008-12-05 1 0001163428 WILLOW FINANCIAL BANCORP, INC. WFBC 0001213474 LORING ROSEMARY C C/O WILLOW FINANCIAL BANK 170 SOUTH WARNER ROAD WAYNE PA 19087 1 0 0 0 Common Stock 2008-12-05 4 D 0 14723 D 0 D Common Stock 2008-12-05 4 D 0 12725 D 0 I By Spouse Common Stock 2008-12-05 4 D 0 21105 D 0 I By IRA Stock Option (Right to Buy) 7.94 2008-12-05 4 D 0 23632 D 2012-01-22 Common Stock 23632 0 D Stock Option (Right to Buy) 12.18 2008-12-05 4 D 0 33674 D 2012-11-25 Common Stock 33674 0 D Disposed of pursuant to the merger agreement between the issuer and Harleysville National Corporation ("HNC") in exchange for 0.73 shares of HNC common stock for each share of issuer common stock on the effective date of the merger. Includes 667 shares granted pursuant to the 2005 Recognition and Retention Plan ("RRP") which reflect the unvested portion of a grant amount originally covering 1,935 shares that commenced vesting at a rate of 1/3 per year on January 6, 2007, and was adjusted for the February 2007 stock dividend and 1,355 shares granted pursuant to the RRP which reflect the unvested portion of a grant of 1,935 shares which are vesting at a rate of 1/3 per year commencing on January 5, 2008 and have been adjusted for the February 2007 stock dividend. Also includes 5,159 shares held jointly with the reporting person's spouse. This option, which provided for vesting in five equal annual installments beginning January 27, 2003, was assumed by HNC in the merger and replaced with an option to purchase 17,251 shares of HNC common stock for $10.88 per share. This option, which provided for vesting in five equal annual installments beginning November 25, 2003, was assumed by HNC in the merger and replaced with an option to purchase 24,582 shares of HNC common stock for $16.69 per share. /s/ Rosemary C. Loring 2008-12-05