X0202 4 2007-10-01 0 0001401434 North Penn Bancorp Inc NPEN 0001322451 DZIAK THOMAS J 216 ADAMS AVENUE SCRANTON PA 18503 0 1 0 0 Executive Vice President Common Stock 2007-10-01 4 P 0 550 10.00 A 550 I By Custodian For Child Common Stock 909 I By ESOP Common Stock 1365 I By Stock Award Stock Option (right to buy) 10.21 2007-09-26 2016-09-26 Common Stock 7644 7644 D On October 1, 2007, North Penn Bancorp, Inc. completed its conversion and each share of North Penn Bancorp, Inc. common stock outstanding as of October 1, 2007, was exchanged for 1.092 shares of common stock of North Penn Bancorp, Inc. (formerly New North Penn Bancorp, Inc.), a new corporation, with fractional shares cashed out at the offering price of $10.00 per share. This transaction is exempt pursuant to Rule 16b-7. The award vests over a five year period. On October 1, 2007, North Penn Bancorp, Inc. completed its conversion and each stock option of North Penn Bancorp, Inc. outstanding as of October 1, 2007, was converted into a stock option to purchase common stock of North Penn Bancorp, Inc. (formerly New North Penn Bancorp, Inc.), a new corporation, with the conversion ratio and exercise price being adjusted according to the exchange ratio of 1.092. This transaction is exempt pursuant to Rule 16b-7. The stock options vest in five annual installments beginning on September 26, 2007. /s/ Dziak, Thomas J. 2007-10-01