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

INSIDER TRADING

December 28, 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.

Bell Atlantic Corp.

Patrick F. Mulhearn, vice president, exercised an option for 142,098 shares of common at between $23.65 and $33 each Nov. 12 and sold them for $54.50 each Nov. 12, and now directly and indirectly holds 16,655 common.

Frederic V. Salerno, vice president, exercised an option for 19,722 shares of common at between $22.51 and $28.69 each Nov. 5. To cover expenses of the transaction, Salerno turned in 9,069 of them for $55.09 each Nov. 5 and disposed of, by gift, 2,150 shares at $55.09 each Nov. 5. He now directly and indirectly holds 83,945 common.

Chester N. Watson, vice president, exercised an option for 1,534 shares of common at $23.65 each Nov. 9. To cover expenses of the transaction, Watson turned in 657 of them for $55.16 each Nov. 9 and now directly and indirectly holds 2,957 common.

Morrison D. Webb, director, exercised an option for 1,818 shares of common at $37.72 each Nov. 4. To cover expenses of the transaction, Webb turned in 1,234 of them for $55.53 each Nov. 4 and now directly and indirectly holds 26,882 common.

Ellen Wolf, vice president, exercised an option for 3,836 shares of common at between $27.84 and $32.84 each Nov. 19. To cover expenses of the transaction, Wolf turned in 2,146 of them for $55.34 each Nov. 19 and now directly and indirectly holds 9,726 common.

Donald J. Sacco, vice president, exercised an option for 84,478 shares of common at $30.92 each Nov. 17 and sold them at $55.88 each Nov. 17. He now directly and indirectly holds 100,538 common.

James Young, vice president, exercised an option for 79,523 shares of common at between $23.03 and $27.84 each from Nov. 5 to Nov. 6. To cover expenses of the transaction, Young turned in 2,648 of them for $55.09 each from Nov. 5 to Nov. 6 and sold 73,462 shares in the open market at $54.84 each from Nov. 5 to Nov. 6. He now directly and indirectly holds 20,221 common.

Environmental Elements

F. Bradford Smith, beneficial owner, disposed of by gift 6,450 shares of common at an unreported price Nov. 19 and now directly and indirectly holds 777,703 common.

General Motors Corp.

J. T. Battenberg, vice president, exercised an option for 60,513 shares of common at between $39.87 and $48.16 each from Nov. 6 to Nov. 16 and sold them at $72.07 each from Nov. 6 to Nov. 16, and now directly and/or indirectly holds 33,294 common and 9,795 Class H common.

Guy D. Briggs, vice president, exercised an option for 9,465 shares of common at between $31.23 and $38.26 each Nov. 25 and sold them at $72.19 each Nov. 25 and now directly and/or indirectly holds 29,794 common and 1,882 Class H common.

Ronald M. Pirtle, vice president, exercised an option for 12,693 shares of common at between $39.87 and $48.16 each Nov. 20 and sold them at $72.79 each Nov. 20 and now directly and/or indirectly holds 7,354 common and 358 Class H common.

Marriott International

William J. Shaw, president, disposed of, by gift, 2,380 shares of Class A common at an unreported price from Nov. 5 to Nov. 27 and sold 60,000 shares at $28.23 each from Nov. 5 to Nov. 27 and now directly and indirectly holds 342,838 Class A common.

Stephen P. Weisz, president, sold 13,000 shares of Class A common at $28.13 each Nov. 9 and now directly and indirectly holds 88,561 Class A common.

Pub Date: 12/28/98

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