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

Insider Trading

March 31, 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.

AlliedSignal Inc.

Donald J. Redlinger,vice president, exercised an option for 5,000 shares of common at $27.04 each Feb. 25 and sold them at $72.74 each Feb. 25.

He now directly and indirectly holds 8,103 common.

Nancy A. Garvey,vice president, exercised an option for 50,214 shares of common at between $14.35 and $38.75 each Feb. 18 and sold them at $72.76 each Feb. 18.

She now directly and indirectly holds 1,372 common.

Becton, Dickinson & Co.

Gary M. Cohen,divisional officer, exercised an option for 1,000 shares of common at $17.28 each Feb. 18, and now directly and indirectly holds 5,990 common.

Edward Joseph Ludwig,vice president, exercised an option for 1,000 shares of common at $17.28 each Feb. 10, and now directly and indirectly holds 17,207 common.

Columbia Bancorp.

Theodore G. Venetoulis,director, indirectly sold 1,250 shares of common at $21.25 each Feb. 11 and now directly and indirectly holds 12,972 common.

hTC

Citicorp

Dionisio R. Martin,vice president, exercised an option for 100,000 shares of common at $31.75 each Feb. 5 and sold 85,000 shares for between $119 and $119.38 each Feb. 5.

He now directly holds 16,883 common.

Robert A. McCormack,vice president, exercised an option for 36,668 shares of common at $24 each Feb. 4 and sold 32,168 shares at $118 each Feb. 4.

He now directly holds 86,920 common.

William R. Rhodes,officer and director, exercised an option for 50,000 shares of common at $24 each Feb. 4 and sold them for between $118.88 and $119.25 each Feb. 4.

He now directly holds 111,272 common.

Guilford Pharm.

Craig Robert Smith,president, exercised an option for 16,216 shares of common at $6.17 each Feb. 4 and now directly and indirectly holds 417,280 common.

Hechinger Co.

Richard England,beneficial owner, disposed of by gift 70,000 shares of Class A common at an unreported price Feb. 26 and sold 10,865 shares at $1.50 each Feb. 26.

He no longer holds shares in the company.

Host Marriott Corp.

Stephen J. McKenna,no longer required to file as an insider, sold 20,610 shares of common at $18 each Feb. 6 and now directly holds 227,468 common.

Marriott International

Lawrence Malcolm Small,director, purchased 13,500 shares of common at $53.40 each Feb. 26 and now directly and indirectly holds 40,000 common.

Manor Care Inc.

Joseph R. Buckley,vice president, sold 11,180 shares of common for between $26.50 and $26.63 each Feb. 12 and now directly and indirectly holds 605 common.

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

Pub Date: 3/31/97

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