FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

BYRNES KEVIN G 		2. Issuer Name and Ticker or Trading Symbol

PROVIDENT BANKSHARES CORP [ (PBKS) ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Pres & Chief Operating Officer
(Last)          (First)          (Middle)

114 EAST LEXINGTON STREET 		3. Date of Earliest Transaction (MM/DD/YYYY)

6/12/2008
(Street)

BALTIMORE, MD 21202
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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)
Code V Amount (A) or (D) Price
Common Stock   6/12/2008     P    1100   A $7.9400   15452   D  
 
Common Stock   6/12/2008     P    400   A $7.9300   15852   D  
 
Common Stock   6/12/2008     P    600   A $7.9325   16452   D  
 
Common Stock   6/12/2008     P    1100   A $7.9399   17552   D  
 
Common Stock                  4258   I   By 401(k)  
Common Stock                  650   I   By Stock Award   (1)
Common Stock                  1250   I   By Stock Award II   (2)
Common Stock                  1563   I   By Stock Award III   (3)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy)   $23.45                   11/4/2003   (4) 11/4/2012   Common Stock   50000     50000   D  
 
Non-Qualified Stock Option (right to buy)   $33.66                   2/16/2006   (5) 2/16/2013   Common Stock   16000     16000   D  
 
Non-Qualified Stock Options (right to buy)   $36.00                   2/15/2007   (6) 2/15/2014   Common Stock   13255     13255   D  
 
Non-Qualified Stock Options (right-to-buy)   $32.22                   2/18/2004   (4) 2/18/2014   Common Stock   30000     30000   D  
 
Stock Options (right to buy)   $35.70                   2/21/2008   (7) 2/21/2015   Common Stock   20477     20477   D  
 

Explanation of Responses:
( 1)  Stock Awards granted pursuant to the Provident Bankshares Corporation 2004 Equity Compensation Plan vest in four annual installments commencing on February 16, 2006.
( 2)  Stock Awards granted pursuant to the Provident Bankshares Corporation 2004 Equity Compensation Plan vest in four annual installments commencing on February 15, 2007.
( 3)  Stock Awards granted pursuant to the Provident Bankshares Corporation 2004 Equity Compensation Plan vest in four annual installments commencing on February 21, 2008.
( 4)  Non-Qualified Stock Options granted pursuant to the Provident Bankshares Corporation Amended and Restated Stock Option Plan are fully vested and exercisable.
( 5)  Stock Options granted pursuant to the Provident Bankshares Corporation 2004 Equity Compensation Plan vest in four annual installments commencing on February 16, 2006.
( 6)  Stock Options granted pursuant to the Provident Bankshares Corporation 2004 Equity Compensation Plan vest in four annual installments commencing on February 15, 2007.
( 7)  Stock Options granted pursuant to the Provident Bankshares Corporation 2004 Equity Compensation Plan vest in four annual installments commencing on February 21, 2008.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
BYRNES KEVIN G
114 EAST LEXINGTON STREET
BALTIMORE, MD 21202 		X
Pres & Chief Operating Officer

Signatures
By: Robert L. Davis, Power of Attorney 6/16/2008
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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