Below are insider transactions of 1,000 shares or more for...

Insider Trading

March 10, 1997

Below are insider transactions of 1,000 shares or more 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.

Alex. Brown Inc.

David L. Hopkins,officer of subsidiary, exercised an option for 2,250 shares of common at $20.89 each on Jan. 31 and now directly holds 24,400 common.

Beverly L. Wright,officer, exercised an option for 2,250 shares of common at $17 each on Jan. 28 and sold 1,320 shares at $49.38 each on Jan. 28 and now directly and indirectly holds 194,832 common.

AlliedSignal Inc.

John W. Barter,vice president, exercised an option for 7,402 shares of common at an unreported price on Jan. 1 and sold 2,270 shares at $68.19 each on Jan. 1 and now directly and indirectly holds 25,859 common.

Allied Research Corp.

William Glenn Yarborough,vice president, exercised an option for 15,000 shares of common at $5.13 each on Jan. 29 and now directly holds 25,704 common.

Guilford Pharm.

Earl W. Henry,officer, exercised an option for 18,750 shares of common at $3.67 each from Jan. 15 to Jan. 28. To cover expenses of the transaction, Henry turned in 6,174 of them for $25 each from Jan. 15 to Jan. 28. Henry indirectly exercised an option for 9,375 shares of common at $3.42 each that same day and now directly and indirectly holds 40,701 common.

North Am. Vaccine Inc.

Francesco Bellini,director, exercised an option for 50,000 shares of common at $15.10 each on Jan. 1 and now directly holds 50,200 common.

Alain Cousineau,director, exercised an option for 10,000 shares of common at $12.88 each on Jan. 8 and now directly holds 10,000 common.

Jonathan Deitcher,director, exercised an option for 30,000 shares of common at $15.10 each on Jan. 1 and now directly holds 90,000 common.

Denis Dionne,director, exercised an option for 30,000 shares of common at $15.10 each on Jan. 1 and sold them at $15.10 each on Jan. 1 and no longer holds shares in the company.

Phillip Frost,director and beneficial owner, exercised an option for 50,000 shares of common at $15.10 each on Jan. 1 and now directly and indirectly holds 3,752,488 common.

Signet Banking Corp.

Bruce C. Gottwald,director, purchased 1,000 shares of common at $29.88 each on Jan. 27 and now directly holds 2,003 common.

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

Pub Date: 3/10/97

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