X0202 4 2004-11-08 0 0000834105 COLUMBIA BANCORP CBMD 0000939530 BOND JOHN M JR 7168 COLUMBIA GATEWAY DRIVE COLUMBIA MD 21046 1 1 0 0 CEO Common Stock 2004-11-08 4 P 0 100 31.77 A 88553.00 D Common Stock 27419.00 I By 401(k) Common Stock 34100.00 I By Spouse Incentive Stk Option-1997 Plan 16.88 1999-01-26 2008-01-26 Common Stock 23680.00 23680.00 D Incentive Stk Option-1997 Plan 16.00 2003-01-21 2009-01-20 Common Stock 3000.00 3000.00 D Incentive Stk Option-1997 Plan 10.63 2003-01-30 2010-01-30 Common Stock 5000.00 5000.00 D Incentive Stk Option-1997 Plan 12.50 2003-01-29 2011-01-29 Common Stock 8250.00 8250.00 D Incentive Stk Option-1997 Plan 18.05 2004-01-29 2012-01-29 Common Stock 9025.00 9025.00 D Incentive Stk Option-1997 Plan 22.30 2004-01-24 2013-01-24 Common Stock 1325.00 1325.00 D Nonqualified Stk Option-1997 Plan 16.88 1999-01-26 2008-01-26 Common Stock 16320.00 16320.00 D Nonqualified Stk Option-1997 Plan 16.00 2000-01-21 2009-01-21 Common Stock 9000.00 9000.00 D Nonqualified Stk Option-1997 Plan 10.63 2001-01-31 2010-01-31 Common Stock 5000.00 5000.00 D Nonqualified Stk Option-1997 Plan 12.50 2002-01-29 2011-01-29 Common Stock 4250.00 4250.00 D Nonqualified Stk Option-1997 Plan 18.05 2003-01-29 2012-01-29 Common Stock 5975.00 5975.00 D Nonqualified Stk Option-1997 Plan 22.73 2004-01-28 2013-01-28 Common Stock 6375.00 6375.00 D Nonqualified Stk Option-1997 Plan 32.25 2005-01-26 2014-01-26 Common Stock 8000.00 8000.00 D Phantom Stock 0.00 Common Stock 31896.10 31896.10 I By Deferred Compensation Plan Options vest over a period of four years with 25% vesting each year beginning one year after the date of grant. Under The Columbia Bank Deferred Compensation Plan, adopted in Sept 1996, senior management may elect to defer up to 15% of compensation after contributing the maximum allowed each year to the Company's 401(k) Plan. The Company matches 50% of the participant's contribution. Each year the participant elects an investment method for the coming year; gains/losses are credited to his account according to his election: either by reference to the Company's common stock or by reference to the Bank's prime rate on December 15 of the prior year. Each pay day, the portion of the contribution and the match that the participant elects to be valued based on stock is translated into phantom stock based on the current stock price. Upon termination the amount accumulated in a participant's account will be paid in cash in a lump sum or in equal installments over 5, 10, or 15 years, as elected by the participant each year. The total includes shares acquired as dividends are paid. Phantom shares are valued at the current stock price on the day of termination of employment. By: John A. Scaldara, Jr.,as Attorney-in-Fact for 2004-11-09