SEC Form 4 · accession 0001127602-15-027941

NATIONAL PENN BANCSHARES INC · NPBC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Sep 30, 2015

Accepted (ET)

Oct 1, 2015 · 1:46 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000700733

Table I — non-derivative securities

Security	Date	Code	Shares	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	holding	—	—	—	407,061	D
Common Stock	holding	—	—	—	5,069	I	Daughter
Common Stock^F1	holding	—	—	—	53,227	I	Spouse
Common Stock^F1,F2	holding	—	—	—	65,005	I	Subsidiary

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Phantom Stock (Deferred Stock)^F5,F3,F4	—	Sep 30, 2015	A	927	A	—	—	Common Stock	927	38,894	D

F1Balance includes shares acquired upon reinvestment of cash dividends under the Company's exempt Dividend Reinvestment Plan.
F2The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
F31 for 1
F4The phantom stock units were accrued under the National Penn Bancshares, Inc. Directors' Fee Plan and are to be settled in National Penn Bancshares, Inc. common stock upon the reporting person's termination of service as a director or reaching the age of 65, as elected by such person.
F5Balance includes Phantom stock units acquired upon "reinvestment" of dividends accrued on phantom stock units under the Directors' Fee Plan. Because the Company has a dividend reinvestment plan available to substantially all of its shareholders on terms similar to the dividend reinvestment feature of the Directors' Fee Plan, the acquisition of phantom stock units with "reinvested" dividends is exempt from line item reporting under SEC Rule 16a-11.