Below are insider transactions for publicly held companies...

Insider Trading

February 17, 1997

Below are insider transactions for publicly held companies based in Maryland or having substantial operations here. Insiders are officers, directors or owners of 10 percent or more of a corporation's stock.

Baltimore Gas & Electric

Jon M. Files,vice president, sold 1,602 shares of common stock at $26.50 each Jan. 2 and now directly holds 6,551 common.

Joseph A. Tiernan,vice president, sold 945 shares of common at $26.50 each Jan. 2 and now directly and indirectly holds 19,068 common.

Travelers Group Inc.

Donald R. Cooper,officer, exercised an option for 84,709 shares of common at between $11.94 and $12.47 from Dec. 9 to Dec. 23. To cover expenses of the transaction, Cooper turned in 52,253 of them at between $42.38 and $45.25 from Dec. 9 to Dec. 23 and now directly holds 295,981 common.

Peter M. Dawkins,officer of subsidiary, exercised an option for 5,784 shares of common at $8.38 each from Dec. 12 to Dec. 23. To cover expenses of the transaction, Dawkins turned in 3,285 of them for $45.25 each from Dec. 12 to Dec. 23 and disposed of, by gift, 2,350 shares at an unreported price from Dec. 12 to Dec. 23 and now directly holds 307,938 common.

James Dimon,president, exercised an option for 109,926 shares of common at $32.44 each from Dec. 6 to Dec. 26. To cover expenses of the transaction, Dimon turned in 96,521 of them for $42.75 each from Dec. 6 to Dec. 26 and disposed of, by gift, 30,000 shares at an unreported price from Dec. 6 to Dec. 26. He now directly and indirectly holds 1,232,977 common.

Jay S. Fishman,vice president, exercised an option for 28,658 shares of common at $32.91 each Dec. 26. To cover expenses of the transaction, Fishman turned in 24,264 of them for $46.25 each Dec. 26 and now directly and indirectly holds 156,811 common.

Jeffrey B. Lane,director, exercised an option for 26,332 shares of common at $32.44 each from Dec. 6 to Dec. 20. To cover expenses of the transaction, Lane turned in 23,121 of them for $42.75 each from Dec. 6 to Dec. 20 and disposed of, by gift, 1,000 shares at an unreported price from Dec. 6 to Dec. 20. He now directly and indirectly holds 420,455 common.

Robert I. Lipp,officer and director, exercised an option for 203,250 shares of common at $32.81 each from Dec. 18 to Dec. 19. To cover expenses of the transaction, Lipp turned in 177,247 of them for $43.25 each from Dec. 18 to Dec. 19 and disposed of, by gift, 25,000 shares at an unreported price from Dec. 18 to Dec. 19. He now directly and indirectly holds 1,029,601 common.

Charles O. Prince,vice president, exercised an option for 9,818 shares of common at $11.94 each Dec. 2. To cover expenses of the transaction, Prince turned in 6,062 of them for $45 each Dec. 2 and now directly and indirectly holds 312,123 common.

Marc P. Weill,officer, exercised an option for 21,238 shares of common at $31.22 each Dec. 4. To cover expenses of the transaction, Weill turned in 18,113 of them for $43.63 each Dec. 4 and now directly and indirectly holds 154,980 common.

Sanford I. Weill,chairman, exercised an option for 928,920 shares of common stock at $32.44 each from Dec. 6 to Dec. 10. To cover expenses of the transaction, Weill turned in 815,669 of them for $42.75 each from Dec. 6 to Dec. 10 and disposed of, by gift, 22,000 shares at an unreported price from Dec. 6 to Dec. 10. He now directly and indirectly holds 8,933,143 shares of common.

Robert B. Willumstad,an affiliated person, exercised an option for 20,418 shares of common stock at $31.81 each Dec. 6. To cover expenses of the transaction, Willumstad turned in 17,963 of them for $42.75 each Dec. 6 and now directly and indirectly holds 265,322 common.

Times Mirror Co.

Stephen C. Meier,vice president, exercised an option for 5,000 shares of Class A common at an unreported price Dec. 26 and sold them at $52.62 each Dec. 26. He now directly and indirectly holds 3,711 Class A common.

Insider Trading is written by CDA/Investnet of Fort Lauderdale, Fla.

Pub Date: 2/17/97

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