RYLAND GROUP INC|4Mar 3, 5:14 PM ET

RYLAND GROUP INC 4

4 · RYLAND GROUP INC · Filed Mar 3, 2015

Form 4

Period: 2015-03-01

Senior Vice President

Transactions

Exercise/Conversion
Restricted Stock Units
2015-03-01−1,553→ 3,105 total
From: 2015-03-01→ Common Stock (1,553 underlying)
Award
Restricted Stock Units
2015-03-01+5,714→ 5,714 total
From: 2016-03-01Exp: 2022-03-01→ Common Stock (5,714 underlying)
Exercise/Conversion
Common Stock
2015-03-01+1,553→ 97,090 total
Exercise/Conversion
Common Stock
2015-03-01+12,400→ 93,669 total
Exercise/Conversion
Restricted Stock Units
2015-03-01−1,868→ 1,868 total
From: 2014-03-01Exp: 2020-03-01→ Common Stock (1,868 underlying)
Disposition to Issuer
Common Stock
2015-03-01$45.50/sh−8,743$397,807→ 88,347 total
Exercise/Conversion
Common Stock
2015-03-01+1,868→ 95,537 total
Exercise/Conversion
Restricted Stock Units
2015-03-01−12,400→ 0 total
From: 2013-03-01Exp: 2019-03-01→ Common Stock (12,400 underlying)

Footnotes (5)

[F1]Each restricted stock unit represents a contingent right to receive one share of issurer's common stock and/or the cash value thereof.
[F2]Includes 5,748 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.
[F3]The restricted stock units vest in three equal installments from the date appearing on the form.
[F4]The Restricted Stock Units vest in three equal installments on March 1, 2015, 2016 and 2017.
[F5]The Restricted Stock Units vest in three equal installments on March 1, 2016, 2017 and 2018.

Documents

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