SCOTT KIPLING W 4
4 · RYLAND GROUP INC · Filed Jan 21, 2005
Insider Transaction Report
Form 4
SCOTT KIPLING W
Executive Vice President
Transactions
- Sale
Common Stock
2005-01-21$61.02/sh−20,000$1,220,474→ 69,187.28 total - Exercise/Conversion
Common Stock
2005-01-21$6.04/sh+20,000$120,800→ 89,187.28 total - Exercise/Conversion
Stock Options (Right to buy)
2005-01-21−20,000→ 0 totalExercise: $6.04Exp: 2010-09-01→ Common Stock (20,000 underlying)
Footnotes (2)
- [F1]Includes 2,403 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.
- [F2]The Stock Option vested in three equal installments on September 1, 2001, 2002 and 2003.