SEC Form 4 · accession 0001209191-16-145897
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
Oct 14, 2016
Accepted (ET)
Oct 14, 2016 · 2:39 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 | Oct 14, 2016 | P | 8,040 | $49.747 | A | 1,030,901 | D | |
| Common Stock | holding | — | — | — | 185,000 | I | By Family LLC | |
| Common Stock | holding | — | — | — | 40,000 | I | By Family LLC | |
| Common Stock | holding | — | — | — | 793 | I | By Trusts |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F2 | $0.00 | holding | — | — | — | — | — | Common Stock | 6,958 | 6,958 | D |
| Restricted Stock UnitsF3,F4 | $0.00 | holding | — | — | — | — | — | Common Stock | 13,670 | 13,670 | D |
| Restricted Stock UnitsF3,F5 | $0.00 | holding | — | — | — | — | — | Common Stock | 14,827 | 14,827 | D |
| Restricted Stock UnitsF3,F6 | $0.00 | holding | — | — | — | — | — | Common Stock | 22,951 | 22,951 | D |
Explanation of responses
- F1Includes 541,329 shares credited to Mr. Reed's SERP account, each of which is the economic equivalent of one share of common stock and payable solely on shares of common stock following termination of employment.
- F2Restricted stock unit vests on a one-to-on share basis on February 14, 2017.
- F3In accordance with the terms of the reporting person's outstanding restricted stock unit awards, as a result of the $0.75 dividend per share of outstanding common stock paid by the issuer on October 14, 2016, the reporting person received additional restricted stock units in an amount based on the amount of the dividend per share and the closing price of the issuer's common stock traded on the NYSE on September 30, 2016.
- F4Restricted stock vests on a one-to-one share basis 50% on February 26, 2017 and February 26, 2018.
- F5Restricted stock unit vests on a one-to-one share basis ratably in 1/4 increments beginning on March 15, 2016.
- F6Restricted stock unit vests on a one-to-one share basis ratably in 1/4 increments for four years beginning on March 15, 2017.