Insider Trades - FRISTOE DAVID L

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FRISTOE DAVID L: Declared Holdings
Company/Relationship	Reported	Shares	Ownership
Ryland Group, Inc. (The) Common Officer NYSE:RYL (historical quotes, profile, SEC, other insiders)	24-Jan-12	28,558	Direct

Insider & restricted shareholder transactions reported over the last two years
Date Shares Stock Transaction
24-Jan-12 1,004 RYL Option Exercise at $0 per share.
24-Jan-12 502 RYL Disposition (Non Open Market) at $16.02 per share.
(Value of $8,042)
4-May-11 18,200 RYL Sale at $16.35 per share.
(Proceeds of $297,570)
1-May-11 7,333 RYL Option Exercise at $0 per share.
1-May-11 3,667 RYL Disposition (Non Open Market) at $17.31 per share.
(Value of $63,475)
1-Mar-11 15,000 RYL Option Exercise at $0 per share.
1-Mar-11 7,500 RYL Disposition (Non Open Market) at $16.52 per share.
(Value of $123,900)

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Insider & restricted shareholder transactions reported over the last two years
Date	Shares	Stock	Transaction
24-Jan-12	1,004	RYL	Option Exercise at $0 per share.
24-Jan-12	502	RYL	Disposition (Non Open Market) at $16.02 per share. (Value of $8,042)
4-May-11	18,200	RYL	Sale at $16.35 per share. (Proceeds of $297,570)
1-May-11	7,333	RYL	Option Exercise at $0 per share.
1-May-11	3,667	RYL	Disposition (Non Open Market) at $17.31 per share. (Value of $63,475)
1-Mar-11	15,000	RYL	Option Exercise at $0 per share.
1-Mar-11	7,500	RYL	Disposition (Non Open Market) at $16.52 per share. (Value of $123,900)