SCHREINER DANIEL G 4
4 · RYLAND GROUP INC · Filed Mar 3, 2009
Insider Transaction Report
Form 4
SCHREINER DANIEL G
Senior Vice President
Transactions
- Award
Restricted Stock Units
2009-03-01+25,000→ 25,000 totalFrom: 2010-03-01Exp: 2014-03-01→ Common Stock (25,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of TRG's common stock and/or the cash value thereof.
- [F2]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.