RYLAND GROUP INC

CUSIP: 783764103 Class: COM

EMERALD ADVISERS, LLC's Holding History (CIK: 0001015083)

Note: Option positions (PUT/CALL) are excluded.

Q4 2013
Shares 39,853 Value ($000) $1,730 Avg Close — Range —
Q3 2013
Shares 56,052 Value ($000) $2,272 Avg Close — Range —
Q2 2013
Shares 56,310 Value ($000) $2,258 Avg Close — Range —