-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Qy3q/GugHTlvay6EhgnwVRzkjZAADf6/X06qemVW/beIR6zfNY7/TPpQR3vSEw3F IPtl4xPb84HywiBqv7XX5A== 0001127602-10-007202.txt : 20100303 0001127602-10-007202.hdr.sgml : 20100303 20100303163355 ACCESSION NUMBER: 0001127602-10-007202 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100301 FILED AS OF DATE: 20100303 DATE AS OF CHANGE: 20100303 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: RYLAND GROUP INC CENTRAL INDEX KEY: 0000085974 STANDARD INDUSTRIAL CLASSIFICATION: OPERATIVE BUILDERS [1531] IRS NUMBER: 520849948 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 24025 PARK SORRENTO STREET 2: SUITE 400 CITY: CALABASAS STATE: CA ZIP: 91302 BUSINESS PHONE: 8182237500 FORMER COMPANY: FORMER CONFORMED NAME: RYAN JAMES P CO DATE OF NAME CHANGE: 19720414 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: NICHOLSON LARRY T CENTRAL INDEX KEY: 0001297494 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-08029 FILM NUMBER: 10653830 MAIL ADDRESS: STREET 1: 1976 MCKINNON ROAD CITY: WINDERMERE STATE: FL ZIP: 34786 4 1 form4.xml PRIMARY DOCUMENT X0303 4 2010-03-01 0000085974 RYLAND GROUP INC RYL 0001297494 NICHOLSON LARRY T 24025 PARK SORRENTO, SUITE 400 CALABASAS CA 91302 1 1 CEO, President and Director Common Stock 2010-03-01 4 M 0 35334 0 A 60275 D Common Stock 2010-03-01 4 D 0 17667 23.27 D 42608 D Restricted Stock Units 2010-03-01 4 A 0 125000 0 A 2011-03-01 2015-03-01 Common Stock 125000 125000 D Stock Options (Right to Buy) 23.27 2010-03-01 4 A 0 175000 23.27 A 2011-03-01 2015-03-01 Common Stock 175000 175000 D Restricted Stock Units 2010-03-01 4 M 0 35334 0 D 2010-03-01 2014-03-01 Common Stock 35334 70666 D Each restricted stock unit represents a contingent right to receive one share of TRG's common stock and/or the cash value thereof. The restricted stock units vest in three equal installments beginning on March 1, 2010. When the restricted stock units vest they will be delivered to the Reporting Person 50% in common stock and 50% in a cash amount equal to the fair market value of one share of the issuer's common stock per unit. The stock option vests in three equal installments on March 1, 2011, 2012 and 2013. The restricted stock units vest in three equal installments beginning on March 1, 2011. When the restricted stock units vest they will be delivered to the Reporting Person 50% in common stock and 50% in cash amount equal to the fair market value on one share of the issuer's common stock per unit. Each restricted stock unit was the economic equivalent of one share of TRG common stock. The Reporting Person received half of his/her shares of restricted stock for cash and half for shares of TRG common stock. Sheri L. Markham, Attorney-In-Fact for Larry T. Nicholson 2010-03-03 -----END PRIVACY-ENHANCED MESSAGE-----