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

Insider Trading

March 09, 1998|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.

Adams Express Co.

Maureen A. Jones,officer and trustee, exercised an option for 5,887 shares of common stock at between $13.10 and $15.72 each Jan. 20. To cover expenses of the transaction, Jones turned in 464 of them for $24.25 each Jan. 20 and now indirectly holds 3,418 common.

Richard F. Koloski,vice president, exercised an option for 3,038 shares of common at $10.45 each Jan. 20. To cover expenses of the transaction, Koloski turned in 3,038 of them for $24.25 each Jan. 20 and now directly and indirectly holds 21,267 common.

Augustine R. Marusi,director, indirectly sold 5,723 shares of common at an unreported price Jan. 15 and now indirectly holds 91,875 common.

Douglas G. Ober,chairman, exercised an option for 6,400 shares of common at $11.77 each Jan. 20 and now directly holds 45 common.

nTC Bell Atlantic Corp.

James G. Cullen,officer, exercised an option for 2,880 shares of common at $34.72 each Jan. 26. To cover expenses of the transaction, Cullen turned in 1,097 of them for $91.13 each Jan. 26 and now directly and indirectly holds 24,945 common.

Donald J. Sacco,vice president, exercised an option for 14,069 shares of common at between $54.53 and $63.07 each Jan. 5 and sold them for $89.34 each Jan. 5. He now directly and indirectly holds 35,930 common.

Raymond W. Smith,chairman, acquired by gift 110 shares of common at $90.63 each from Jan. 2 to Jan. 20 and sold 8,000 shares for $92.19 each from Jan. 2 to Jan. 20. He now directly and indirectly holds 96,804 common.

Chester N. Watson,vice president, exercised an option for 1,924 shares of common at $47.29 each Jan. 7 and sold them at $87.50 each Jan. 7 and now directly and indirectly holds 835 common.

Legg Mason Inc.

Raymond A. Mason,chairman, exercised an option for 23,333 shares of common at between $7.50 and $7.87 each on Feb. 2 and now directly and indirectly holds 616,589 common.

McCormick & Co.

Karen D. Weatherholtz,director, sold 535 shares of Class V common at $28.88 each Jan. 27 and now directly and/or indirectly holds 2,952 Class NV and 14,645 voting common.

Karen D. Weatherholtz,director, sold 2,465 shares of Class NV common at $28.88 each Jan. 27 and now directly and/or indirectly holds 2,952 Class NV and 14,645 voting common.

MedImmune Inc.

James F. Young,vice president, exercised an option for 8,000 shares of common at $0.80 each Jan. 12 and sold them at $39.72 each Jan. 12. He now directly holds 20,816 common.

Petroleum & Resources

Maureen A. Jones,officer and trustee, exercised an option for 2,554 shares of common at $25.37 each Jan. 20. To cover expenses of the transaction, Jones turned in 2,554 of them for $35.19 each Jan. 20 and now directly and indirectly holds 949 common.

Douglas G. Ober,chairman, exercised an option for 3,980 shares of common at $18.55 each Jan. 20. To cover expenses of the transaction, Ober turned in 3,980 of them for $31.19 each Jan. 20 and now directly holds 32 shares of common.

Ryland Group Inc.

John M. Garrity,vice president, exercised an option for 10,000 shares of common at $13.50 each Feb. 9 and sold them at $27 each Feb. 9 and now directly holds 634 shares of common.

Kipling W. Scott,vice president, exercised an option for 10,000 shares of common at between $13.50 and $14.88 each Feb. 10 and sold them at an unreported price Feb. 10 and now directly holds 2,291 common.

Pub Date: 3/09/98

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