FIRST UNITED CORP/MD/ — Director's Dealing 2011

May 5, 2011

SEC Form 4/A — Form 4/A

Issuer: FIRST UNITED CORP/MD/ (FUNC)
CIK: 0000763907
Period of Report: 2011-05-04

Reporting Person: RUDY IRVIN ROBERT (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-04	Phantom Stock	$	I	1000	Acquired		Common Stock (1000.00)	Direct

Footnotes

F1: Each share of phantom stock represents the right to receive one share of First United Corporation common stock or the cash value thereof.

F2: This amendment is filed to reflect that the acquisition of phantom stock was made pursuant to an intra-plan transfer and not pursuant to the contribution of new funds to the deferred compensation plan, as originally reported.

F3: Shares of phantom stock are payable in cash or in shares of common stock of First United Corporation following the reporting person's separation from service with First United Corporation. The phantom stock account is maintained under a deferred compensation plan, and the reporting person may transfer that account into an alternative account at any time.