DREIER R CHAD 4
4 · RYLAND GROUP INC · Filed May 3, 2005
Insider Transaction Report
Form 4
DREIER R CHAD
DirectorChairman and CEO
Transactions
- Award
Common Stock
2005-05-01+120,000→ 476,917 total
Footnotes (1)
- [F1]Includes 2,917 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.