SEC Form 4 · accession 0001127602-15-002523
NATIONAL PENN BANCSHARES INC · NPBC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David B Kennedy
Officer — SEVP - Chief Banking Officer
Period of report
Jan 20, 2015
Accepted (ET)
Jan 22, 2015 · 7:24 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000700733
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jan 20, 2015 | A | 34,315 | $0.00 | A | 125,983 | D | |
| Common StockF3 | Jan 21, 2015 | F | 2,721 | $9.71 | D | 123,262 | D | |
| Common Stock | holding | — | — | — | 12,000 | I | IRA |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted stock issued under the Long-Term Incentive Compensation Plan and vests in four equal annual installments.
- F2Balance as of plan statement dated 12/31/14.
- F3Represents the number of shares withheld to satisfy tax obligations upon vesting of restricted stock awards.