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