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

Insider Trading

December 01, 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.

Frederic V. Salerno,officer, exercised an option for 61,525 shares of common stock at $47.29 each Oct. 24 and sold them at $82.41 each Oct. 24. He now directly or indirectly holds 37,830 shares of common.

General Motors Corp.

Michael J. Burns,vice president, exercised an option for 11,732 shares of common at between $43.25 and $52.25 each Oct. 22 and sold them for $71.66 each Oct. 22, He now directly or indirectly holds 8,959 common and 1,649 Class H common.

Frederick A. Henderson,officer, exercised an option for 1,145 shares of common at $48.07 each Oct. 21 and sold them at $70.75 each Oct. 21. He now directly or indirectly holds 5,901 common and 386 Class H common.

Harry J. Pearce,chairman, exercised an option for 9,215 shares of common at $41.50 each Oct. 22 and sold them at $71.66 each Oct. 22. He directly or indirectly holds 36,830 common and 31,169 Class H common.

Host Marriott Corp.

Richard E. Marriott,director, sold 135,000 shares of common at $21.96 each Oct. 14. He now directly or indirectly holds 11,221,179 common.

Legg Mason Inc.

James E. Ukrop,director, exercised an option for 8,331 shares--

of common at $9.45 each Oct. 1 and now directly holds 33,131 shares of common.

Marriott International

William R. Tiefel,vice president, exercised an option for 20,000 shares of common at $26.03 each Oct. 8 and sold them at $72.91 each Oct. 8. Tiefel now directly and indirectly holds 187,438 shares of common stock.

Pub Date: 12/01/97

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