GRELL T A JR 4

4 · RESOURCE BANKSHARES CORP · Filed Apr 27, 2004

Form 4

Period: 2004-04-01

DirectorPresident

Transactions

Disposition to Issuer
Common Stock
2004-04-01−20,353→ 0 total
Disposition to Issuer
Stock Option 01
2004-04-01−30,000→ 0 total
Exercise: $11.27Exp: 2011-12-20→ Common Stock (30,000 underlying)
Disposition to Issuer
Common Stock
2004-04-01−7,983→ 0 total(indirect: By 401(k))
Disposition to Issuer
Stock Optin 96 ISO
2004-04-01−7,500→ 0 total
Exercise: $6.08Exp: 2010-01-03→ Common Stock (7,500 underlying)
Disposition to Issuer
Stock Option 96 ISO
2004-04-01−14,247→ 0 total
Exercise: $11.91Exp: 2009-01-04→ Common Stock (14,247 underlying)

Footnotes (5)

[F1]Disposed of pursuant to merger agreement between issuer and Fulton Financial Corporation in exchange for 29,852 shares of Fulton Financial Corporation Common Stock having a market value of $22.48 per share on the effective date of the merger.
[F2]Disposed of pursuant to merger agreement between issuer and Fulton Financial Corporation in exchange for 11,577 shares of Fulton Financial Corporation Common Stock having a market value of $22.48 per share on the effective date of the merger.
[F3]These options which provided for full vesting on the exercisable date and became fully vested on the effective date of the merger were assumed by Fulton and replaced with an option of 20,896 shares of Fulton Common Stock for $8.12 per share.
[F4]These options which provided for full vesting on the exercisable date and became fully vested on the effective date of the merger were assumed by Fulton and replaced with an option of 11,000 shares of Fulton Common Stock for $4.14 per share.
[F5]These options which provided for full vesting on the exercisable date and became fully vested on the effective date of the merger were assumed by Fulton and replaced with an option of 44,001 shares of Fulton Common Stock for $7.68 per share.

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