X0306 4 2016-01-20 0000700733 NATIONAL PENN BANCSHARES INC NPBC 0001470524 HUGHES MICHAEL J 645 HAMILTON STREET ALLENTOWN PA 18101 1 SEVP - Chief Financial Officer Common Stock 2016-01-20 4 A 0 49409 0 A 429587.89 D Restricted stock issued under the Long-Term Incentive Compensation Plan and vests in four equal annual installments, subject to the terms of the award agreement. Includes shares acquired through the Company's exempt Employee Stock Purchase Plan during 2015 and includes shares acquired upon reinvestment of cash dividends under the Company's exempt Dividend Reinvestment Plan. /s/ Sean P. Kehoe, by power of attorney 2016-01-20