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

Insider Trading

April 21, 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.

AlliedSignal Inc.

Kenneth W. Cole,vice president, exercised an option for 14,750 shares of common stock at $27.04 each March 6 and sold them at $72.64 each March 6 and now directly and indirectly holds 9,687 common.

Peter M. Kreindler,vice president, exercised an option for 15,000 shares of common at $34.35 each March 6 and sold them at $72.64 each March 6 and now directly and indirectly holds 5,939 common.

Guilford Pharmaceutical

Ross S. Laderman,vice president, exercised an option for 14,674 shares of common at $1.53 each March 6 and now directly holds 36,789 common.

Hechinger Co.

Nancy Hechinger Lowe,beneficial owner, sold 15,000 shares of Class A common at $1.77 each March 17 and now directly and indirectly holds 94,189 Class A common.

PHH Corp.

Edwin F. Miller,vice president, exercised an option for 4,297 shares of common between $13.50 and $16.50 each March 6. To cover expenses of the transaction, Miller turned in 1,375 of them for $47.50 each March 6 and now directly and indirectly holds 10,674 common.

Ryland Group Inc.

L. C. Heist,director, purchased 1,000 shares of common at $12.88 each Feb. 13 and now directly holds 8,500 common.

Town & Country Trust

Jennifer C. Munch,vice president, purchased 1,161 shares of share beneficial interest at between an unreported price and $15.25 each from March 17 to March 27. Munch indirectly purchased 161 shares of share beneficial interest at $15 each March 17 and now directly and indirectly holds 27,487 shares beneficial interest.

T. Rowe Price

James A. C. Kennedy,officer and director, exercised an option for 24,000 common at $4.69 each from March 17 to March 27 and now directly holds 493,302 common.

United Industrial Corp.

Susan Feinzawel,officer and director, indirectly purchased 1,000 shares of common at $7.25 each March 20 and now directly and indirectly holds 335,807 common.

Washington Homes Inc.

Laurence R. Jaffe,officer, indirectly sold 6,000 shares of common at $4.63 each from March 21 to March 24 and now indirectly holds 1,000 common.

Pub Date: 4/21/97

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