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 *

STARLIPER DENNIS A 		2. Issuer Name and Ticker or Trading Symbol

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

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
CFO and EVP
(Last)          (First)          (Middle)

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

6/13/2008
(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   6/13/2008     P    3400   A $7.0170   13810   D  
 
Common Stock   6/13/2008     P    750   A $7.0000   14560   D  
 
Common Stock   6/13/2008     P    200   A $7.0100   14760   D  
 
Common Stock   6/13/2008     P    250   A $6.9900   15010   D  
 
Common Stock   6/13/2008     P    1400   A $6.9970   16410   D  
 
Common Stock                  40306   I   By 401(k)  
Common Stock                  277   I   By DRIP  
Common Stock                  250   I   By Stock Award   (1)
Common Stock                  937   I   By Stock Award II   (2)
Common Stock                  1812   I   By Stock Award III   (3)
Common Stock                  5181   I   By Stock Award IV   (4)

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)   $27.76                   2/13/1998   (5) 2/13/2008   Common Stock   6079     6079   D  
 
Non-Qualified Stock Option (right to buy)   $33.66                   2/16/2006   (6) 2/16/2013   Common Stock   11000     11000   D  
 
Non-Qualified Stock Options (right to buy)   $36.00                   2/15/2007   (7) 2/15/2014   Common Stock   3314     3314   D  
 
Non-Qualified Stock Options (right-to-buy)   $32.22                   2/18/2004   (5) 2/18/2014   Common Stock   15000     15000   D  
 
Stock Options (right to buy)   $35.70                   2/21/2008   (8) 2/21/2015   Common Stock   5275     5275   D  
 
Stock Options (right to buy)   $17.37                   2/20/2009   (9) 2/20/2016   Common Stock   24000     24000   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)  Stock Awards granted pursuant to the Provident Bankshares Corporation 2004 Equity Compensation Plan vest in four annual installments commencing on February 20, 2009.
( 5)  Non-Qualified Stock Options granted pursuant to the Provident Bankshares Corporation Amended and Restated Stock Option Plan are fully vested and exercisable.
( 6)  Stock Options granted pursuant to the Provident Bankshares Corporation 2004 Equity Compensation Plan vest in four annual installments commencing on February 16, 2006.
( 7)  Stock Options granted pursuant to the Provident Bankshares Corporation 2004 Equity Compensation Plan vest in four annual installments commencing on February 15, 2007.
( 8)  Stock Options granted pursuant to the Provident Bankshares Corporation 2004 Equity Compensation Plan vest in four annual installments commencing on February 21, 2008.
( 9)  Stock Options granted pursuant to the Provident Bankshares Corporation 2004 Equity Compensation Plan vest in four annual installments commencing on February 20, 2009.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
STARLIPER DENNIS A
114 EAST LEXINGTON STREET
BALTIMORE, MD 21202

CFO and EVP

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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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