X0201 42003-02-181 0000736473 F&M BANCORP FMBN 0001239767 GLADHILL MAURICE A C/O F&M BANCORP, P.O. BOX 518 FREDERICK MD 21705 1000Common Stock2003-08-124D026256.24D0DCommon Stock2003-08-124D08193D0Iby FatherCommon Stock2003-08-124D05209D0Iby Ltd. PartnershipCommon Stock2003-02-185J0E21.34130.52A17277.992Iby SonCommon Stock2003-05-155J0E13.45748.86A17291.449Iby SonCommon Stock2003-08-124D017291.449D0Iby SonCommon Stock2003-08-124D010886D0Iby SpouseNon-Qualified Stock Option (right to buy)18.252003-08-124D01138D2000-10-192010-04-19Common Stock11380DNon-Qualified Stock Option (right to buy)25.052003-08-124D01062D2001-10-182011-04-15Common Stock10620DNon-Qualified Stock Option (right to buy)27.12003-08-124D01034D2002-10-172012-04-17Common Stock10340DNon-Qualified Stock Option (right to buy)30.832003-08-124D0438D1999-10-212009-04-21Common Stock4380DDisposed of pursuant to the Agreement and Plan of Merger, dated as of March 13, 2003, between issuer and Mercantile Bankshares Corporation. Each holder of shares of issuer common stock will be entitled to receive $50.3703 in cash, 1.2470 shares of Mercantile common stock or a combination thereof, subject to allocation provisions.Includes 6 previously underreported shares acquired through stock dividend payments in 1998 and 1999.These are shares purchased under the Dividend Reinvestment Plan and are being reported voluntarily on this Form 4 in advance of the filing deadline required by a Form 5.This option was assumed by Mercantile in the merger and replaced with an option to purchase 1,419 shares of Mercantile common stock for $14.6360 per share.This option was assumed by Mercantile in the merger and replaced with an option to purchase 1,324 shares of Mercantile common stock for $20.0930 per share.This option was assumed by Mercantile in the merger and replaced with an option to purchase 1,289 shares of Mercantile common stock for $21.7389 per share.This option was assumed by Mercantile in the merger and replaced with an option to purchase 546 shares of Mercantile common stock for $24.7318 per share.Maurice A. Gladhill By: /s/ Gordon M. Cooley Attorney-in-fact2003-08-14