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

Insider Trading

July 06, 1998

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.

Columbia Bancorp.

James R. Moxley, director, disposed of by gift 2,300 shares of common at an unreported price on May 4, 1998. Moxley indirectly acquired by gift 1,300 shares of common at an unreported price that day and now directly and indirectly holds 22,847 common.

Florida Rock Industries

Charles J. Shepherdson, director, disposed of by gift 3,511 shares of common at an unreported price on June 9 and now directly and indirectly holds 46,020 common.

Host Marriott Corp.

Harry L. Vincent, director, disposed of by gift 4,300 shares of common at an unreported price on May 27. Vincent indirectly acquired by gift 4,300 shares of common at an unreported price that day and now directly and indirectly holds 22,600 common.

Waverly Inc.

John F. Spahr, no longer required to file as an insider, indirectly sold 155,000 shares of common at $39 each May 19 and no longer holds shares in the company.

Michael Urban, no longer required to file as an insider, sold 2,500 shares of common at $39 each May 19. Urban indirectly sold 800,000 shares of common at $39 each that day and no longer holds shares in the company.

Alma J. Wills, officer of subsidiary, sold 62,100 shares of common at $39 each May 19. Wills indirectly sold 190 shares of common at $39 each that day and no longer holds shares in the company.

Barbara J. Bonnell, no longer required to file as an insider, sold 6,454 shares of common at $39 each May 19 and no longer holds shares in the company.

David J. Callard, director, exercised an option for 15,000 shares of common at between $8.38 and $14.25 each from May 18 to May 19 and sold them at $39 each from May 18 to May 19. Callard indirectly sold 57,698 shares of common at $39 each that day and no longer holds shares in the company.

Frederick Fusting, president, exercised an option for 27,500 shares of common at between $7.13 and $21.50 each from May 18 to May 19 and sold 28,150 shares at $39 each from May 18 to May 19. Fusting indirectly sold 1,785 shares of common at $39 each that day and no longer holds shares in the company.

E. Philip Hanlon, officer, exercised an option for 35,400 shares of common at between $7.13 and $21.50 each from May 18 to May 19 and sold 36,526 shares at $39 each from May 18 to May 19. He indirectly sold 1,598 shares of common at $39 each that day and no longer holds shares in the company.

Edward B. Hutton, officer, sold 282,525 shares of common at $39 each May 19. Hutton indirectly sold 2,017 shares of common at $39 each that day and no longer holds shares in the company.

Michael M. Johns, director, sold 1,588 shares of common at $39 each May 19 and no longer holds shares in the company.

Samuel G. Macfarlane, no longer required to file as an insider, sold 1,320 shares of common at $39 each May 19. Macfarlane indirectly sold 7,800 shares of common at $39 each that day and no longer holds shares in the company.

Carolyn Manuszak, no longer required to file as an insider, sold 2,827 shares of common at $39 each May 19 and no longer holds shares in the company.

Ackneil M. Muldrow, no longer required to file as an insider, sold 2,640 shares of common at $39 each May 19 and no longer holds shares in the company.

Marion L. Mullauer, vice president, sold 2,000 shares of common at $39 each May 19 and no longer holds shares in the company.

Arthur E. Newman, vice president, sold 78,000 shares of common at $39 each May 19. Newman indirectly sold 1,015 shares of common at $39 each that day and no longer holds shares in the company.

Joseph M. Palazzolo, no longer required to file as an insider, sold 118,584 shares of common at $39 each May 19 and no longer holds shares in the company.

E. Magruder Passano, no longer required to file as an insider, indirectly sold 217,149 shares of common at $39 each May 19 and no longer holds shares in the company.

William M. Passano, chairman, sold 218,255 shares of common at $39 each on May 19. He indirectly sold 65,735 shares of common at $39 each that day and no longer holds shares in the company.

Richard J. Perry, president, exercised an option for 41,000 shares of common at between $7.13 and $21.50 each from May 18 to May 19 and sold them for $39 each from May 18 to May 19. He no longer holds shares in the company.

Richard C. Riggs, no longer required to file as an insider, sold 1,050 shares of common at $39 each May 19 and no longer holds shares in the company.

Paul R. Shiah, vice president, exercised an option for 19,900 shares of common at between $8.38 and $21.50 each from May 18 to May 19 and sold them for $39 each from May 18 to May 19. He no longer holds shares in the company.

Jonas Ruckis, officer, exercised an option for 500 shares of common at $21.50 each from May 18 to May 19 and sold them at $39 each from May 18 to May 19. He indirectly sold 389 shares of common at $39 each that day and no longer holds shares in the company.

Insider Trading is written by CDA/Investnet of Fort Lauderdale, Fla.

Pub Date: 7/06/98

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