SEC FORM 4/A

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

ISRAEL BRIAN K

(Last)

(First)

(Middle)

7168 COLUMBIA GATEWAY DRIVE

(Street)

COLUMBIA

21046

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
COLUMBIA BANCORP [ CBMD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Exec. Vice President

3. Date of Earliest Transaction (Month/Day/Year)
01/22/2004

4. If Amendment, Date of Original Filed (Month/Day/Year)
02/05/2004

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	01/30/2004		S		400	D	$30	1,600	D
Common Stock	01/30/2004		S		100	D	$30.05	1,500	D
Common Stock	01/30/2004		S		100	D	$30.08	1,400	D
Common Stock	01/30/2004		S		500	D	$30.09	900	D
Common Stock	01/30/2004		S		100	D	$30.1	800	D
Common Stock	01/30/2004		S		800	D	$30.35	0.00	D
Common Stock								807	I	By 401(k)⁽¹⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Incentive Stk Option-1997 Plan	$31.5	01/22/2004		A		4,000		01/22/2005⁽²⁾	01/22/2014	Common Stock	4,000	$0	4,000	D
Incentive Stk Option-1997 Plan	$10.94							01/24/2001⁽²⁾	01/24/2010	Common Stock	2,000		2,000	D
Incentive Stk Option-1997 Plan	$12							01/25/2002⁽²⁾	01/25/2011	Common Stock	3,000		3,000	D
Incentive Stk Option-1997 Plan	$18							01/25/2003⁽²⁾	01/25/2012	Common Stock	4,000		4,000	D
Incentive Stk Option-1997 Plan	$22.3							01/24/2004⁽²⁾	01/24/2013	Common Stock	340		340	D
Nonqualified Stk Option-1997 Plan	$22.3							01/24/2004⁽²⁾	01/24/2013	Common Stock	1,660		1,660	D

Explanation of Responses:

1. Represents investment in units of the Columbia Bancorp Stock Fund in the Company's 401(k) Plan. The Plan owns both cash and shares as determined by the Plan Administrator.

2. Options vest over a period of four years with 25% vesting each year beginning one year after the date of grant.

Remarks:

Amended to report the grant of stock options on 1/22/2004, inadvertantly unreported at the time of grant.

	By: John A. Scaldara, Jr., as Attorney-in-Fact for	02/03/2004
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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