SEC Form 4 · accession 0001225208-15-006578
RYLAND GROUP INC · RYL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gordon A Milne
Officer — Executive Vice President
Period of report
Mar 1, 2015
Accepted (ET)
Mar 3, 2015 · 5:14 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000085974
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 1, 2015 | M | 31,413 | $0.00 | A | 146,155 | D | |
| Common StockF1 | Mar 1, 2015 | M | 3,220 | $0.00 | A | 149,375 | D | |
| Common StockF1 | Mar 1, 2015 | M | 2,802 | $0.00 | A | 152,177 | D | |
| Common Stock | Mar 1, 2015 | D | 20,685 | $45.50 | D | 131,492 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Mar 1, 2015 | M | 31,413 | D | Mar 1, 2013 | Mar 1, 2019 | Common Stock | 31,413 | 0 | D |
| Restricted Stock UnitsF1,F2 | — | Mar 1, 2015 | M | 2,802 | D | Mar 1, 2014 | Mar 1, 2020 | Common Stock | 2,802 | 2,802 | D |
| Restricted Stock UnitsF1,F2,F3 | — | Mar 1, 2015 | M | 3,220 | D | Mar 1, 2015 | — | Common Stock | 3,220 | 6,439 | D |
| Restricted Stock UnitsF1,F4 | — | Mar 1, 2015 | A | 11,868 | A | Mar 1, 2016 | Mar 1, 2022 | Common Stock | 11,868 | 11,868 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of issurer's common stock and/or the cash value thereof.
- F2The restricted stock units vest in three equal installments from the date appearing on the form.
- F3The Restricted Stock Units vest in three equal installments on March 1, 2015, 2016 and 2017.
- F4The Restricted Stock Units vest in three equal installments on March 1, 2016, 2017 and 2018.