SEC Form 4 · accession 0000899243-15-005726
CalAtlantic Group, Inc. · CAA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
CalAtlantic Group, Inc.
10% Owner
Period of report
Oct 1, 2015
Accepted (ET)
Oct 1, 2015 · 5:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000878560
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $1.00 per shareF1,F2,F3 | Oct 1, 2015 | D | 126,400,000 | — | D | 0 | I | By Successor by Merger |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Disposed of pursuant to the termination of the Voting Agreement, dated as of June 14, 2015, between The Ryland Group, Inc., a Maryland corporation ("Ryland"), and MP CA Homes LLC, a Delaware limited liability company (the "Voting Agreement"). Concurrently with the execution of the Voting Agreement, Ryland and the Issuer entered into the Amended and Restated Agreement and Plan of Merger, pursuant to which Ryland will be merged with and into the Issuer (the "Merger Agreement"). Pursuant to the Merger Agreement, Ryland merged with and into Standard Pacific Corp., a Delaware corporation, with Standard Pacific Corp. continuing as the surviving corporation under the name CalAtlantic Group, Inc (the "Merger").
- F2(Continued from Footnote 1) At the effective time of the Merger, the Voting Agreement terminated in accordance with its terms. As a result of the termination of the Voting Agreement, Ryland ceased to be a beneficial owner of more than ten percent of the shares outstanding of common stock, par value $0.01 per share of Standard Pacific Corp.
- F3By CalAtlantic Group, Inc. (as successor by merger to The Ryland Group, Inc.).