Insider Transactions

Securities trades recently reported to the Securities and Exchange Commission by officers, directors and principal shareholders of corporations based or having sizable employment in the Philadelphia area. Titles are as reported to the SEC.

Ace Ltd.

John J. Lupica, officer, sold 3,466 shares at $82.01 Oct. 18 to Oct. 19, and now directly holds 112,347 shares.

Air Products and Chemicals Inc.

Lawrence S. Smith, director, bought 5,000 shares at $77.36 on Oct. 23, and now directly holds 9,850 shares.

CSS Industries Inc.

Jack Farber, board chairman, sold 6 shares at $20.50 on Oct. 17, and now indirectly holds 624,415 shares.

Epam Systems Inc.

Ilya Cantor, chief financial officer, sold 4,000 shares at $19.08 on Oct. 15; the holdings were not reported.

Arkadiy Dobkin, chief executive officer, sold 28,929 shares at $18.02 to $19.08 Oct. 15 to Oct. 18, and now directly holds 4,900,480 shares.

Balazs Fejes, officer, sold 5,770 shares at $19.15 on Oct. 15, and now indirectly holds 519,429 shares.

Karl Robb, officer and director, sold 13,806 shares at $18.59 to $19.01 Oct. 16 to Oct. 17, and now indirectly holds 652,377 shares.

Johnson & Johnson

Dominic J. Caruso, chief financial officer, sold 20,400 shares at $71.95 on Oct. 19, and now directly holds 48,140 shares.

Kulicke & Soffa Industries Inc.

Tek Chee Mak, officer, sold 16,220 shares at $9.42 to $9.79 Oct. 17 to Oct. 19, and now directly holds 111,523 shares.

Charles J. Salmons, officer, sold 56,682 shares at $9.43 to $9.64 on Oct. 19, and now directly holds 31,692 shares.

Alan Bruce Schindler, officer, sold 4,900 shares at $9.42 to $9.64 on Oct. 19, and now directly holds 78,361 shares.

Matthew Steven Vorona, officer, sold 1,264 shares at $9.79 to $9.80 on Oct. 17, and now directly holds 24,228 shares.

Liberty Property Trust

Robert E. Fenza, chief operating officer, sold 33,880 shares at $37.50 to $37.65 Oct. 18 to Oct. 19, and now directly holds 271,952 shares.

National Penn Bancshares Inc.

Christian F. Martin IV director, bought 1,148 shares at $8.71 on Oct. 17, and now directly holds 433,711 shares.

PPL Corp.

Rick L. Klingensmith, officer, sold 45,320 shares at $30.00 on Oct. 18, and now directly holds 14,421 shares.

Resource America Inc.

Leon G. Cooperman, beneficial owner, bought 135,019 shares at $6.35 on Oct. 16, and now indirectly holds 1,412,420 shares.