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.

Life Technologies Inc.

Rosemary J. Versteegen, divisional officer, exercised an option for 2,000 shares of class N common at $11.09 each Sept. 14 and now directly and indirectly holds 7,634 nonvoting common.

T. Rowe Price

Edward C. Bernard, officer, exercised an option for 7,400 shares of common between $7.03 and $8.06 each Sep. 17 and now directly holds 137,389 common.

James A. Kennedy, director, exercised an option for 38,584 shares of common between $1.80 and $2.84 each from Sept. 1 to Sept. 21 and now directly holds 1,073,038 common.

Rouse Co.

Jerome D. Smalley, vice president, exercised an option for 7,580 shares of common between $14.75 and $19 each Sept. 28. To cover expenses of the transaction, Smalley turned in 4,375 of them for $27 each Sept. 28 and now directly holds 91,070 common.

Town & Country Trust

Jennifer C. Munch, vice president, purchased 1,000 shares of share beneficial interest at $14 each Sept. 2 and now directly and indirectly holds 32,612 shares beneficial interest.

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

Pub Date: 10/19/98