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

Insider Trading

April 14, 1997|By Insider Trading is written by CDA/Investnet of Fort Lauderdale, Fla.

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.

Bell Atlantic Corp.

P. Alan Bulliner,vice president, exercised an option for 5,641 shares of common stock at $50.06 each from Feb. 3 to Feb. 5. To cover expenses of the transaction, Bulliner turned in 4,222 of FTC them for $66.88 each from Feb. 3 to Feb. 5 and sold 1,000 shares in the open market at $68.88 each from Feb. 3 to Feb. 5 and now directly holds 6,322 common.

Florida Rock Industries

Ruggles B. Carlson,vice president, exercised an option for 4,400 shares of common at $25.13 each Feb. 21 and sold them for between $34.50 and $34.63 each Feb. 21 and now directly holds 19,000 shares of common.

Legg Mason Inc.

James W. Brinkley,officer and director, exercised an option for 3,281 shares of common at $14.20 each March 24 and now directly holds 254,775 common.

Medimmune Inc.

Bogdan Dziurzynski,vice president, exercised an option for 3,125 shares of common at $7 each Feb. 10 and sold 3,025 shares at $14.24 each Feb. 10 and now directly holds 100 common.

NationsBank Corp.

Marc Denis Oken,officer, exercised an option for 17,000 shares of common at $53.63 each Feb. 20 and sold them at $121 each Feb. 20 and now directly and indirectly holds 25,981 common.

Procter & Gamble Co.

R. Kerry Clark, officer, exercised an option for 3,800 shares of common stock at $22.13 each Feb. 3. To cover expenses of the transaction, Clark turned in 1,718 of them for $115.31 each Feb. 3 and now directly and indirectly holds 11,709 common.

Edwin L. Artzt,director, exercised an option for 64,000 shares of common at $22.39 each from Feb. 11 to Feb. 12 . To cover expenses of the transaction Artzt turned in 34,588 of them for $122.38 each from Feb. 11 to Feb. 12 and sold 29,412 shares in the open market at $124.63 each from Feb. 11 to Feb. 12 and now directly and indirectly holds 248,892 common.

Stephen P. Donovan,officer, exercised an option for 22,000 shares of common at $20.81 each from Feb. 7 to Feb. 12 . To cover expenses of the transaction, Donovan turned in 6,399 of them for $121.38 each from Feb. 7 to Feb. 12 and sold 15,601 shares in the open market for between $126 and $126.25 each from Feb. 7 to Feb. 12. He now directly and indirectly holds 111,040 common.

Jorge P. Montoya,vice president, exercised an option for 6,000 shares of common at $22.39 each Feb. 13 and sold them at $126.13 each Feb. 13 and now directly and indirectly holds 27,887 common.

Robert L. Wehling,vice president, exercised an option for 10,800 shares of common at $31.59 each from Feb. 12 to Feb. 13. To cover expenses of the transaction. Wehling turned in 4,155 of them for $124.88 each from Feb. 12 to Feb. 13 and sold 5,837 shares in the open market for between $126.38 and $126.50 each from Feb. 12 to Feb. 13. He now directly and indirectly holds 42,935 common.

Travelers Group Inc.

Michael A. Carpenter,vice president, exercised an option for 49,957 shares at $16.19 each Feb. 5. To cover expenses of the transaction, Carpenter turned in 30,905 of them for $54.50 each Feb. 5. He directly holds 95,847 common.

Robert I. Lipp,officer and director, exercised an option for 27,530 shares of common at $12.94 each from Feb. 7 to Feb. 11. To cover expenses of the transaction, Lipp turned in 16,567 of them for $51.88 each from Feb. 7 to Feb. 11 and disposed of, by gift, 13,000 shares at an unreported price from Feb. 7 to Feb. 11. He now directly and indirectly holds 1,027,621 common.

Pub Date: 4/14/97

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