4//SEC Filing
RYLAND GROUP INC 4
Accession 0001213950-06-000044
CIK 0000085974operating
Filed
May 1, 8:00 PM ET
Accepted
May 2, 5:59 PM ET
Size
12.0 KB
Accession
0001213950-06-000044
Insider Transaction Report
Form 4
LOWE CATHEY S
Senior Vice President
Transactions
- Exercise/Conversion
Restricted Stock Units
2006-05-01−3,667→ 7,333 totalFrom: 2006-05-01Exp: 2008-05-01→ Common Stock (3,667 underlying) - Exercise/Conversion
Common Stock
2006-05-01+3,667→ 11,667 total - Award
Restricted Stock Units
2006-05-01+11,000→ 11,000 totalFrom: 2007-05-01Exp: 2009-05-01→ Common Stock (11,000 underlying) - Disposition to Issuer
Common Stock
2006-05-01$62.43/sh−1,834$114,497→ 9,833 total
Footnotes (4)
- [F1]Each restricted stock unit was the economic equivalent of one share of TRG common stock. The Reporting Person received half of his/her shares of restricted stock for cash and half for shares of TRG common stock.
- [F2]Each restricted stock unit represents a contingent right to receive one share of TRG's common stock and/or the cash value thereof.
- [F3]The restricted stock units vest in three equal annual installments beginning on May 1, 2007. When the restricted stock units vest they will be delivered to the Reporting Person 50% in common stock and 50% in a cash amount equal to the fair market value of one share of the TRG's common stock per unit.
- [F4]The restricted stock units vest in three equal annual installments beginning on May 1, 2006. When the restricted stock units vest they will be delivered to the Reporting Person 50% in common stock and 50% in a cash amount equal to the fair market value of one share of the issuer's common stock per unit.
Documents
Issuer
RYLAND GROUP INC
CIK 0000085974
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0000085974
Filing Metadata
- Form type
- 4
- Filed
- May 1, 8:00 PM ET
- Accepted
- May 2, 5:59 PM ET
- Size
- 12.0 KB