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