SEC Form 4 · accession 0001209191-16-098496
Ryman Hospitality Properties, Inc. · RHP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bennett D Westbrook
Officer — SVP, Investments, D&C
Period of report
Feb 8, 2016
Accepted (ET)
Feb 16, 2016 · 11:18 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001040829
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 8, 2016 | M | 2,740 | $46.60 | A | 29,578 | D | |
| Common StockF1 | Feb 8, 2016 | F | 895 | $46.60 | D | 28,683 | D | |
| Common Stock | Feb 14, 2016 | M | 867 | $47.12 | A | 29,550 | D | |
| Common StockF2 | Feb 14, 2016 | F | 284 | $47.12 | D | 29,266 | 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 Units | $0.00 | Feb 8, 2016 | M | 2,740 | D | Feb 8, 2016 | Feb 8, 2016 | Common Stock | 2,740 | 0 | D |
| Restricted Stock Unit | $0.00 | Feb 14, 2016 | M | 867 | D | Feb 14, 2016 | Feb 14, 2017 | Common Stock | 867 | 868 | D |
Explanation of responses
- F1Represents shares withheld to satisfy Mr. Westbrook's tax withholding obligation with respect to the 2,740 shares of common stock issued upon the vesting of time-based restricted stock units (including accrued dividend equivalent units payable in additional shares of common stock) on February 8, 2016. Mr. Westbrook retained the remaining 1,845 shares.
- F2Represents shares withheld to satisfy Mr. Westbrook's tax withholding obligation with respect to the 867 shares of common stock issued upon the vesting of time-based restricted stock units (including accrued dividend equivalent units payable in additional shares of common stock) on February 14, 2016. Mr. Westbrook retained the remaining 583 shares.