0001127602-11-008668.txt : 20110303
0001127602-11-008668.hdr.sgml : 20110303
20110303150042
ACCESSION NUMBER: 0001127602-11-008668
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110301
FILED AS OF DATE: 20110303
DATE AS OF CHANGE: 20110303
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: MILNE GORDON A
CENTRAL INDEX KEY: 0001214358
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08029
FILM NUMBER: 11659826
MAIL ADDRESS:
STREET 1: 6020 MACADAM COURT
CITY: AGOURA HILLS
STATE: CA
ZIP: 91301
4
1
form4.xml
PRIMARY DOCUMENT
X0303
4
2011-03-01
0000085974
RYLAND GROUP INC
RYL
0001214358
MILNE GORDON A
24025 PARK SORRENTO, SUITE 400
CALABASAS
CA
91302
1
Executive Vice President
Common Stock
2011-03-01
4
M
0
11666
0
A
79299
D
Common Stock
2011-03-01
4
D
0
5833
16.52
D
73466
D
Common Stock
2011-03-01
4
M
0
16667
0
A
90133
D
Common Stock
2011-03-01
4
D
0
8334
16.52
D
81799
D
Restricted Stock Units
2011-03-01
4
M
0
11666
0
D
2010-03-01
2014-03-01
Common Stock
11666
11667
D
Restricted Stock Units
2011-03-01
4
M
0
16667
0
D
2011-03-01
2015-03-01
Common Stock
16667
33333
D
Restricted Stock Units
2011-03-01
4
A
0
50000
0
A
2012-03-01
2016-03-01
Common Stock
50000
50000
D
Stock Options (Right to Buy)
16.52
2011-03-01
4
A
0
50000
16.52
A
2012-03-01
2016-03-01
Common Stock
50000
50000
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 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 a cash amount equal to the fair market value of one share of the issuer's common stock per unit.
The restricted stock options vest in three equal installments beginning on March 1, 2012. When the restricted stock options 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 options vest in three equal installments on March 1, 2012, 2013, and 2014.
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.
/s/ Sheri L. Markham, Attorney-In-Fact for Gordon A. Milne
2011-03-03