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

Insider Trading

May 11, 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.

Black & Decker Corp.

Paul A. Gustafson, vice president, exercised an option for 7,125 and disposed of 375 shares of common stock for between $21.63 and $23 each March 13. Gustafson now directly and indirectly holds 15,988 shares of common stock.

Bell Atlantic Corp.

Doreen A. Toben, officer, exercised an option for 1,549 shares of common at $65.69 each March 19. To cover expenses of the transaction, Toben turned in 1,000 of them for $101.66 each March 19 and sold 181 shares in the open market at $101.66 each March 19 and now directly and indirectly holds 6,771 common.

USF&G Corp.

Kenneth E. Cihiy, vice president, exercised an option for 8,305 shares of common at an unreported price March 13. To cover expenses of the transaction, Cihiy turned in 3,066 of them for $25.28 each March 13 and now directly holds 13,113 common.

Andrew A. Stern, vice president, exercised an option for 7,034 shares of common at an unreported price March 13. To cover expenses of the transaction, Stern turned in 2,596 of them for $25.28 each March 13 and now directly holds 10,765 common.

Florida Rock Industries

S. Robert Hays, vice president, exercised an option for 10,000 shares of common at between $12.56 and $30 each March 30 and now directly and indirectly holds 23,378 common.

General Motors Corp.

JTC

John R. Castle, vice president, sold 9,520 shares of common stock at $43.19 each March 2 and now directly holds 217,218 shares of common.

Legg Mason Inc.

Richard J. Himelfarb, director, exercised an option for 8,333 shares of common stock at $7.87 each April 15. To cover expenses of the transaction, Himelfarb turned in 1,022 of them for $64.13 each April 15 and now directly holds 127,289 common.

Marriott Internat'l Inc.

J. Willard Marriott, no longer required to file as an insider, exercised an option for 20,000 shares of common at $6.51 each from March 2 to March 18 and sold them for between $18.75 and $19.97 each from March 2 to March 18. He now directly and indirectly holds 2,640,129 common and 10,563,805 Class A common.

Joseph Ryan, no longer required to file as an insider, exercised an option for 3,125 shares of common at $6.89 each March 5 and sold them at $19.25 each March 5. Ryan now directly holds 2,157 shares of common.

William R. Tiefel, no longer required to file as an insider, indirectly sold 2,500 shares of common at $19.38 each March 5 and now directly and indirectly holds 15,249 shares of common.

Robert T. Pras, officer, sold 263 shares of common stock for $26.16 each March 6 and he no longer holds shares in the company.

Medimmune Inc.

David P. Wright, vice president, exercised an option for 50,000 shares of common stock at $0.20 each March 11 and sold them at $57.24 each March 11. Wright no longer holds shares in the company.

Pub Date: 5/11/98

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