NATIONAL PENN BANCSHARES INC

CUSIP: 637138108 Class: COM

WATER ISLAND CAPITAL LLC's Holding History (CIK: 0001222765)

Note: Option positions (PUT/CALL) are excluded.

Q1 2016
Shares 2,255,852 Value ($000) $25,641 Avg Close — Range —
Q4 2015
Shares 2,644,126 Value ($000) $32,602 Avg Close — Range —
Q3 2015
Shares 1,936,382 Value ($000) $22,752 Avg Close — Range —