4//SEC Filing
SCHREINER DANIEL G 4
Accession 0001127602-09-010624
CIK 0000085974other
Filed
May 4, 8:00 PM ET
Accepted
May 5, 4:02 PM ET
Size
14.3 KB
Accession
0001127602-09-010624
Insider Transaction Report
Form 4
SCHREINER DANIEL G
Senior Vice President
Transactions
- Disposition to Issuer
Common Stock
2009-05-01$19.80/sh−4,667$92,407→ 49,087.048 total - Exercise/Conversion
Restricted Stock Units
2009-05-01−9,333→ 18,667 totalFrom: 2009-05-01Exp: 2011-05-01→ Common Stock (9,333 underlying) - Exercise/Conversion
Common Stock
2009-05-01+3,667→ 46,255.048 total - Exercise/Conversion
Common Stock
2009-05-01+9,333→ 53,754.048 total - Disposition to Issuer
Common Stock
2009-05-01$19.80/sh−1,834$36,313→ 44,421.048 total - Exercise/Conversion
Restricted Stock Units
2009-05-01−3,667→ 0 totalFrom: 2007-05-01Exp: 2009-05-01→ Common Stock (3,667 underlying)
Footnotes (4)
- [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 annual installments beginning on May 1, 2007. 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 TRG's common stock per unit.
- [F3]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.
- [F4]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.
Documents
Issuer
RYLAND GROUP INC
CIK 0000085974
Entity typeother
Related Parties
1- filerCIK 0001214702
Filing Metadata
- Form type
- 4
- Filed
- May 4, 8:00 PM ET
- Accepted
- May 5, 4:02 PM ET
- Size
- 14.3 KB