Securities trades recently reported to the Securities and Exchange Commission by officers, directors and principal shareholders of corporations based or having sizable employment in the Philadelphia area. Titles are as reported to the SEC.

Eamonn P. Hobbs

, director, bought 20,000 shares at $1.07 on Dec. 15, and now directly holds 20,000 shares.

Leonard S. Jacob, director, bought 5,000 shares at $1.07 on Dec. 15, and now directly holds 45,000 shares.

James Duncan Smith

, officer and treasurer, bought 295 shares at $15.26 on Dec. 14, and now indirectly holds 5,978 shares.

William H. Schmidt Jr.

, general counsel, sold 5,700 shares at $53.65 to $53.77 on Dec. 16, and now directly holds 2,000 shares.

John M. Murabito

, officer, sold 12,000 shares at $36.47 on Dec. 15, and now directly holds 139,826 shares.

John W. Conway

, chief executive officer, sold 229,500 shares at $25.33 on Dec. 21, and now directly holds 1,226,700 shares.

Timothy Joseph Donahue, chief financial officer, sold 60,000 shares at $25.35 on Dec. 21, and now directly holds 147,855 shares.

Michael G. Rubin

, chief executive officer, sold 100,000 shares at $25.25 to $25.50 from Dec. 18 to 21, and now directly holds 4,801,600 shares.

Wayne S. Springate

, divisional officer, bought 877 shares at $0.56 on Dec. 15, and now directly holds 877 shares.

Eduardo S. Elsztain

, director and beneficial owner, bought 41,970 shares at $2.79 to $2.80 on Dec. 14 and 15, and now indirectly holds 6,355,030 shares.

David J. Berkman

, director, bought 33,000 shares at $6 on Dec. 16, and now directly holds 98,416 shares.

David K. Downes, director, bought 8,600 shares at $5.84 on Dec. 18, and now directly holds 71,098 shares.

Thomas P. Gerrity, director, bought 42,000 shares at $5.92 to $5.95 on Dec. 18, and now indirectly holds 118,382 shares.

Brian R. Bachman

, director, sold 6,000 shares at $5.35 to $5.40 on Dec. 18, and now indirectly holds 52,239 shares.

Jason Livingston, officer, sold 19,204 shares at $5.50 to $5.67 from Dec. 16 to 22, and now indirectly holds 1,155,200 shares.

Macdonell Roehm Jr., director, sold 2,000 shares at $5.38 on Dec. 18, and now directly holds 63,461 shares.

Barry Waite, director, sold 14,027 shares at $5.39 to $5.41 on Dec. 18, and now directly holds 45,434 shares.

Daniel P. Dyer

, chief executive officer, sold 7,706 shares at $7.60 to $7.71 on Dec. 14, and now directly holds 411,766 shares.

Christian F. Martin IV

, director, bought 1,869 shares at $5.35 on Dec. 17, and now directly holds 354,519 shares.

Scott A. Falconer

, officer, sold 10,000 shares at $30.74 to $30.89 on Dec. 17, and now directly holds 95,650 shares.

Chris Terrill, officer, sold 3,627 shares at $32.80 to $32.81 on Dec. 15, and now directly holds 110,000 shares.

Stephen G. Meyer

, officer, sold 16,000 shares at $17.99 on Dec. 15, and now directly holds 53,224 shares.

Wayne M. Withrow, officer, sold 25,454 shares at $17.70 to $18 on Dec. 14 to Dec. 17, and now directly holds 68,150 shares.

Stephen H. Clark

, officer and treasurer, sold 1,500 shares at $37.85 on Dec. 18, and now indirectly holds 11,566 shares.

David A. Kindlick, chief financial officer, sold 2,500 shares at $37.37 on Dec. 15, and now directly holds 41,821 shares.

Scott J. Newkam

, director, bought 2,000 shares at $5.53 on Dec. 15, and now directly holds 8,409 shares.

Zvi Barzilay

, president, sold 69,816 shares at $18.28 on Dec. 16 and 17, and now directly holds 296,184 shares.

K. Leon Moyer

, officer, bought 120 shares at $17.58 on Dec. 23, and now directly holds 46,718 shares.

Austin W. Marxe et al

, beneficial owner, sold 26,097 shares at $2.78 to $2.79 from Dec. 18 to 21, and now indirectly holds 1,412,740 shares.

SOURCES: Thomson Financial; Securities and Exchange Commission filings