SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549


                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the

                         Securities Exchange Act of 1934

                Date of Report (Date of earliest event reported)
                                 March 19, 2002
                                 --------------


                        Mercantile Bankshares Corporation
                        ---------------------------------
             (Exact name of registrant as specified in its charter)




Maryland                         0-5127                     52-0898572
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(State or other                  (Commission                  (IRS Employer
jurisdiction of                  File Number)               Identification No.)
 incorporation)


              Two Hopkins Plaza, P.O. Box 1477, Baltimore, MD 21203
              -----------------------------------------------------
               (Address of principal executive office) (Zip Code)


       Registrant's telephone number, including area code, (410) 237-5900
                                                           --------------



Item 5.  Other Events and Regulation FD Disclosure.


         This is an optional filing made to disclose the event reported below
concerning a management change. It is not a filing required by Regulation FD.

         John L. Unger has been elected Senior Vice President and General
Counsel of the registrant and of the registrant's subsidiary, Mercantile-Safe
Deposit and Trust Company.

         Agreements embodying the arrangements with Mr. Unger are filed as
exhibits with and as a part of this report.

          Mr. Unger, age 48, was Senior Vice President and General Counsel of
IMI Resort Holdings, Inc., a national real estate company specializing in the
marketing and sale of luxury resort real estate developments, from March 2000 to
March 2002. Throughout 1999 he was a partner in 3G Golf Ventures, LLC and from
June 1998 to June 1999 he was a consultant and Director of Special Projects for
the Tennessee Golf Foundation. Mr. Unger was Executive Vice President and
General Counsel of PrincipalCare Incorporated, a private health care company
which acquired and managed physician practice groups, from September 1996 to
April 1998. From April 1994 to August 1996, he was employed by Wynonna, Inc. as
personal manager to country music artist Wynonna Judd. Prior thereto, he was a
partner in the law firm of Bass, Berry & Sims (Nashville, Tennessee), where he
practiced for 14 years, specializing in corporate, securities, intellectual
property and entertainment law.



Item 7.   Financial Statements and Exhibits
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                                    Exhibits
                                    --------

         10 Y    Executive Employment Agreement dated March 19, 2002, among
                 Mercantile Bankshares Corporation, Mercantile-Safe Deposit and
                 Trust Company and John L. Unger.

         10 Z    Executive Severance Agreement dated March 19, 2002, among
                 Mercantile Bankshares Corporation, Mercantile-Safe Deposit and
                 Trust Company and John L. Unger.