RYLAND GROUP INC 4
4 · RYLAND GROUP INC · Filed Nov 12, 2014
Insider Transaction Report
Form 4
FRISTOE DAVID L
Senior Vice President
Transactions
- Exercise/Conversion
Common Stock
2014-11-11$23.27/sh+10,000$232,700→ 53,572 total - Sale
Common Stock
2014-11-11$37.70/sh−10,000$377,000→ 43,572 total - Exercise/Conversion
Stock Options (Right to Buy)
2014-11-11$23.27/sh−10,000$232,700→ 0 totalExercise: $23.27From: 2011-03-01Exp: 2015-03-01→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]Includes 1,954 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 Options vest in three equal installments on March 1, 2011, 2012 and 2013.