SEC Form 4 · accession 0001209191-16-108753
Ryman Hospitality Properties, Inc. · RHP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Colin V Reed
Officer — Chairman & CEO · Director
Period of report
Mar 15, 2016
Accepted (ET)
Mar 16, 2016 · 12:40 pm EDT
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 StockF1 | Mar 15, 2016 | P | 7,156 | $50.0468 | A | 1,004,647 | D | |
| Common StockF1 | Mar 15, 2016 | M | 4,731 | $0.00 | A | 1,009,378 | D | |
| Common StockF2,F1 | Mar 15, 2016 | F | 1,294 | $0.00 | D | 1,008,084 | D | |
| Common Stock | holding | — | — | — | 793 | I | By Trusts | |
| Common Stock | holding | — | — | — | 185,000 | I | By Family LLC | |
| Common Stock | holding | — | — | — | 40,000 | I | By Family LLC |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Unit | $0.00 | Mar 15, 2016 | M | 4,731 | D | Mar 15, 2016 | Mar 15, 2019 | Common Stock | 4,731 | 14,181 | D |
Explanation of responses
- F1Includes 518,512 shares credited to Mr. Reed's SERP account, each of which is the economic equivalent of one share of common stock and payable solely in shares of common stock following termination of employment.
- F2Represents shares withheld to satisfy Mr. Reed's tax withholding obligation with respect to the 4,731 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 March 15, 2016. Mr. Reed retained the remaining 3,437 shares.