0001127602-11-014813.txt : 20110503
0001127602-11-014813.hdr.sgml : 20110503
20110503175035
ACCESSION NUMBER: 0001127602-11-014813
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110430
FILED AS OF DATE: 20110503
DATE AS OF CHANGE: 20110503
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: 11807360
MAIL ADDRESS:
STREET 1: 1976 MCKINNON ROAD
CITY: WINDERMERE
STATE: FL
ZIP: 34786
4
1
form4.xml
PRIMARY DOCUMENT
X0303
4
2011-04-30
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
2011-04-30
4
M
0
10000
0
A
117522
D
Common Stock
2011-04-30
4
D
0
5000
17.31
D
112522
D
Common Stock
2011-05-01
4
M
0
14000
0
A
126522
D
Common Stock
2011-05-01
4
D
0
7000
17.31
D
119522
D
Restricted Stock Units
2011-04-30
4
M
0
10000
0
D
2011-04-30
2015-04-30
Common Stock
10000
20000
D
Restricted Stock Units
2011-05-01
4
M
0
14000
0
D
2009-05-01
2013-05-01
Common Stock
14000
0
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 April 30, 2011. When the restricted stock units vests 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 May 1, 2009. 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.
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.
Includes 577 shares held by the Ryland Retirement Savings Opportunity Plan and allocated to the account of the Reporting Person pursuant to the conversion of shares of Series A ESOP Convertible Preferred Shares held by the Plan as required by Section 409(1)(3) of the Internal Revenue Code.
Sheri L. Markham, Attorney-In-Fact for Larry T. Nicholson
2011-05-03