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NATIONAL PENN INVESTORS TRUST CO
> PEP
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 03/31/2016 | PEPSICO INC | PEP | 187,316 | -29,839 | 19,196,000 | 1,931,000 | $102.48 |
| 12/31/2015 | PEPSICO INC | PEP | 206,606 | -10,549 | 20,644,000 | 3,379,000 | $99.92 |
| 09/30/2015 | PEPSICO INC | PEP | 206,177 | -10,978 | 19,443,000 | 2,178,000 | $94.30 |
| 06/30/2015 | PEPSICO INC | PEP | 208,995 | -8,160 | 19,508,000 | 2,243,000 | $93.34 |
| 03/31/2015 | PEPSICO INC | PEP | 208,025 | -9,130 | 19,892,000 | 2,627,000 | $95.62 |
| 12/31/2014 | PEPSICO INC | PEP | 196,335 | -20,820 | 18,565,000 | 1,300,000 | $94.56 |
| 09/30/2014 | PEPSICO INC | PEP | 198,499 | -18,656 | 18,478,000 | 1,213,000 | $93.09 |
| 06/30/2014 | PEPSICO INC | PEP | 199,464 | -17,691 | 17,820,000 | 555,000 | $89.34 |
| 03/31/2014 | PEPSICO INC | PEP | 202,213 | -14,942 | 16,885,000 | -380,000 | $83.50 |
| 12/31/2013 | PEPSICO INC | PEP | 214,270 | -2,885 | 17,772,000 | 507,000 | $82.94 |
| 09/30/2013 | PEPSICO INC | PEP | 217,155 | -5,022 | 17,265,000 | -907,000 | $79.51 |
| 06/30/2013 | PEPSICO INC | PEP | 222,177 | 921 | 18,172,000 | 3,031,000 | $81.79 |
| 03/31/2013 | PEPSICO INC | PEP | 223,173 | 1,917 | 17,656,000 | 2,515,000 | $79.11 |
| 12/31/2012 | PEPSICO INC | PEP | 221,256 | -2,792 | 15,141,000 | -715,000 | $68.43 |
| 09/30/2012 | PEPSICO INC | PEP | 224,048 | 1,842 | 15,856,000 | 154,000 | $70.77 |
| 06/30/2012 | PEPSICO INC | PEP | 222,206 | 26,257 | 15,702,000 | 2,700,000 | $70.66 |
| 03/31/2012 | PEPSICO INC | PEP | 195,949 | 38,307 | 13,002,000 | 2,542,000 | $66.35 |
| 12/31/2011 | PEPSICO INC | PEP | 157,642 | -1,332 | 10,460,000 | 619,000 | $66.35 |
| 09/30/2011 | PEPSICO INC | PEP | 158,974 | 1,342 | 9,841,000 | -1,261,000 | $61.90 |
| 06/30/2011 | PEPSICO INC | PEP | 157,632 | 743 | 11,102,000 | 997,000 | $70.43 |
| 03/31/2011 | PEPSICO INC | PEP | 156,889 | -112,005 | 10,105,000 | -7,462,000 | $64.41 |
| 12/31/2010 | PEPSICO INC | PEP | 268,894 | -11,067 | 17,567,000 | -1,033,000 | $65.33 |
| 09/30/2010 | PEPSICO INC | PEP | 279,961 | -116 | 18,600,000 | 548,000 | $66.44 |
| 06/30/2010 | PEPSICO INC | PEP | 280,077 | -3,378 | 18,052,000 | -700,000 | $64.45 |
| 03/31/2010 | PEPSICO INC | PEP | 283,455 | -11,473 | 18,752,000 | 820,000 | $66.16 |
| 12/31/2009 | PEPSICO INC | PEP | 294,928 | -5,251 | 17,932,000 | 324,000 | $60.80 |
| 09/30/2009 | PEPSICO INC | PEP | 300,179 | 4,400 | 17,608,000 | 941,000 | $58.66 |
| 06/30/2009 | PEPSICO INC | PEP | 295,779 | 10,351 | 16,667,000 | 2,652,000 | $56.35 |
| 03/31/2009 | PEPSICO INC | PEP | 285,428 | 8,511 | 14,015,000 | -1,152,000 | $49.10 |
| 12/31/2008 | PEPSICO INC | PEP | 276,917 | 26,022 | 15,167,000 | -2,714,000 | $54.77 |
| 09/30/2008 | PEPSICO INC | PEP | 250,895 | 250,895 | 17,881,000 | 17,881,000 | $71.27 |
| 06/30/2008 | PEPSICO INC | PEP | 251,997 | 96,878 | 16,025,000 | 4,825,000 | $63.59 |
| 03/31/2008 | PEPSICO INC | PEP | 155,119 | 3,057 | 11,200,000 | -341,000 | $72.20 |
| 12/31/2007 | PEPSICO INC | PEP | 152,062 | 152,062 | 11,541,000 | 11,541,000 | $75.90 |
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