0001127602-12-002692.txt : 20120126
0001127602-12-002692.hdr.sgml : 20120126
20120126204735
ACCESSION NUMBER: 0001127602-12-002692
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120124
FILED AS OF DATE: 20120126
DATE AS OF CHANGE: 20120126
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: CUNNION ROBERT J III
CENTRAL INDEX KEY: 0001214360
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08029
FILM NUMBER: 12548936
MAIL ADDRESS:
STREET 1: 24637 BLUE DANE LANE
CITY: MALIBU
STATE: CA
ZIP: 90265
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: 3011 TOWNSGATE ROAD
STREET 2: SUITE 200
CITY: WESTLAKE VILLAGE
STATE: CA
ZIP: 91361-3027
BUSINESS PHONE: (805) 367-3800
MAIL ADDRESS:
STREET 1: 3011 TOWNSGATE ROAD
STREET 2: SUITE 200
CITY: WESTLAKE VILLAGE
STATE: CA
ZIP: 91361-3027
FORMER COMPANY:
FORMER CONFORMED NAME: RYAN JAMES P CO
DATE OF NAME CHANGE: 19720414
4
1
form4.xml
PRIMARY DOCUMENT
X0304
4
2012-01-24
0000085974
RYLAND GROUP INC
RYL
0001214360
CUNNION ROBERT J III
3011 TOWNSGATE ROAD
SUITE 200
WESTLAKE VILLAGE
CA
91361
1
Senior Vice President
Common Stock
2012-01-24
4
M
0
935
0
A
78688
D
Common Stock
2012-01-24
4
D
0
468
16.02
D
78227
D
Restricted Stock Units
2012-01-24
4
A
0
2804
0
A
2012-01-24
2019-01-24
Common Stock
2804
2804
D
Restricted Stock Units
2012-01-24
4
M
0
935
0
D
2012-01-24
2019-01-24
Common Stock
935
1869
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 on January 24, 2012, January 1, 2013 and January 1, 2014. 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 5,764 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 Robert J. Cunnion, III
2012-01-26