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

Insider Trading

April 05, 1999|By Insider Trading is written by CDA/Investnet of Rockville.

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.

Becton, Dickinson & Co.

Henry P. Becton, director, indirectly acquired, by gift, 1,500 shares of common at an unreported price Jan. 26 and now directly and indirectly holds 335,787 shares of common.

General Motors Corp.

David J. Herman, vice president, exercised an option for 2,074 shares of common at $48.16 each Feb. 22. To cover expenses of the transaction, Herman turned in 1,152 of them for $86.63 each Feb. 22 and sold 2,762 shares in the open market for $87 each Feb. 22 and now directly or indirectly holds 6,795 common and 1,471 Class H common.

Harold R. Kutner, vice president, exercised an option for 2,074 shares of common at $48.16 each Feb. 19. To cover expenses of the transaction, Kutner turned in 1,169 shares of common at an unreported price that same day and now directly or indirectly holds 2,903 Class H common and 9,366 common.

Ronald L. Zarrella, vice president, exercised an option for 1,239 shares of common at $53.76 each Feb. 24. To cover expenses of the transaction, Zarrella turned in 775 of them for $85.94 each Feb. 24 and now directly or indirectly holds 26,822 shares of common and 996 shares of Class H common.

Procter & Gamble Co.

Edwin L. Artzt, director, disposed of, by gift, 1,778 shares of common at an unreported price Feb. 19 and now directly holds 475,540 common.

Gordon F. Brunner, director, exercised an option for 44,000 shares of common at $15.84 each from Feb. 12 to Feb. 18. To cover expenses of the transaction, Brunner turned in 19,795 of them at between $88 and $88.81 each from Feb. 12 to Feb. 18, and sold 24,205 shares in the open market for between $89 and $91.63 each from Feb. 12 to Feb. 18. Brunner now directly and indirectly holds 182,872 shares of common.

Mark D. Ketchum, divisional officer, exercised an option for 2,500 shares of common at $11.20 each from Feb. 17 to Feb. 19, and sold 2,090 shares for $90 each from Feb. 17 to Feb. 19. Ketchum indirectly acquired, by gift, 100 shares of common at an unreported price that same day and now directly and indirectly holds 24,280 common.

Gary T. Martin, divisional officer, exercised an option for 19,200 shares of common at $15.84 each Feb. 22 and sold them for $92 each Feb. 22. Martin now directly and indirectly holds 119,538 shares of common stock.

Pub Date: 4/05/99

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