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Below are insider transactions of 1,000 shares...

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.

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Cel-Sci Corp.

John M. Jacquemin, director, purchased 35,542 shares of class NEW common at an unreported price Feb. 15 and sold 94,500 shares for $1.80 to $2.45 each from Feb. 6 to Feb. 28 and now holds 242,226.

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Columbia Bancorp

Lawrence A. Shulman, director, purchased 2,000 shares of common at $12.50 each Feb. 9 and now holds 9,899.

Constellation Energy Grp

Janet E. McHugh, vice president, sold 1,043 shares of common at $42.81 each Feb. 23. To cover transaction expense, she turned in 592 of them and now holds 11,370.

Thomas F. Brady, vice president, sold 1,900 shares of common at $40.42 each Feb. 5. To cover transaction expenses, Brady turned in 2,131 of them and now holds 25,881.

Florida Rock Industries

Clarron E. Render, vice president, exercised an option for 5,000 shares of common at $12.56 each Feb. 6 and now holds 23,189.

R. Hays, vice president, exercised an option for 6,000 shares of common at $16.41 each Feb. 14 and now holds 23,822 shares.

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General Motors Corp.

John F. Smith, chairman of the board, sold 3,693 shares of common at $54.87 each Feb. 27 and now holds 11,120.

Honeywell International

Jaime Chico Pardo, director, sold 3,150 shares of common for $48.44 to $48.45 each Feb. 12 and now holds 3,000.

Michael R. Bonsignore, chairman of the board, exercised an option for 100,000 shares of common at $23.10 each Feb. 5 and sold 100,000 shares at $49.07 each Feb. 5, and now holds 203,214 shares.

Peter M. Kreindler, vice president, sold 11,067 shares of common for $47.86 to $49.25 each from Feb. 12 to Feb. 14 and now holds 11,930.

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Legg Mason Inc.

Harry M. Ford, director, sold 4,630 shares of common at $55.10 each Feb. 1 and now holds 100,518.

Richard J. Himelfarb, director, sold 21,875 shares of common for $54.25 to $55.17 each from Feb. 13 to Feb. 15 and now holds 215,147.

Robert F. Price, vice president, exercised an option for 6,667 shares of common at $30 to $35.81 each Feb. 1 and sold 3,179 shares for $55.93 each Feb. 1, and he now holds 18,500.

Lockheed Martin Corp.

Albert E. Smith, vice president, purchased and exercised an option for 52,750 shares of common at $18.50 to $35.94 each from Feb. 1 to Feb. 7. In addition, Smith sold 50,000 shares for $35.01 to $35.10 each Feb. 1 and now holds 29,404.

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Robert B. Coutts, vice president, exercised an option for 50,000 shares of common at $18.50 each Feb. 2 and sold 39,694 shares for $36.32 each Feb. 2. To cover transaction expenses, Coutts turned in 5,306 of them and now holds 30,755 shares.

Mid Atlantic Medical Svs

Vera Dvorak, vice president, exercised an option for 8,000 shares of common at $16 each March 2 and sold 8,000 shares for $19.40 to $19.60 each from March 2 to March 5, and now holds none.

T. Rowe Price Group Inc.

Brian C. Rogers, director, exercised an option for 40,200 shares of common at $4.69 each Feb. 1 and sold 20,200 shares at $38.69 each Feb. 1 and now holds 640,357.

James A. Kennedy, director, exercised an option for 12,525 shares of common at $4.25 each Feb. 22 and now holds 1,207,033.

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Procter & Gamble Co.

G. Cloyd, officer, exercised an option for 16,400 shares of common at $20.94 each Feb. 6 and sold 16,400 shares for $74.80 each Feb. 6 and now holds 82,862.

Mark D. Ketchum, president, exercised an option for 4,800 shares of common at $20.94 each Feb. 9 and sold 4,350 shares for $75 each Feb. 9 and now holds 29,016.

Provident Bankshares

Dennis A. Starliper, chief financial officer, exercised an option for 5,191 shares of common at $3.21 each Feb. 28 and sold 5,191 shares at $23.07 each Feb. 28 and now holds 17,466.

Enos K. Fry, director, sold 5,000 shares of common for $21.89 to $22 each from Feb. 21 to Feb. 23. He indirectly sold 3,785 shares of common for $23.13 each Feb. 9 and now holds 29,066.

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Gary N. Geisel, officer, purchased 2,500 shares of common stock at $21.38 to $24.25 each from Feb. 1 to Feb. 23 and now holds 8,782 shares of common.

Insider Trading is written by First Call/Thomson Financial of Rockville.


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