SEC Form 4 · accession 0001209191-17-010967
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
Feb 14, 2017
Accepted (ET)
Feb 15, 2017 · 12:15 pm 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 StockF1 | Feb 14, 2017 | M | 7,040 | $0.00 | A | 625,209 | D | |
| Common StockF2,F1 | Feb 14, 2017 | F | 2,959 | $0.00 | D | 622,250 | D | |
| Common Stock | holding | — | — | — | 793 | I | By Trusts | |
| Common Stock | holding | — | — | — | 400,000 | I | By Family LLC 1 | |
| Common Stock | holding | — | — | — | 185,000 | I | By Family LLC 2 | |
| Common Stock | holding | — | — | — | 40,000 | I | By Family LLC 3 |
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 | $63.45 | Feb 14, 2017 | M | 7,040 | D | Feb 14, 2017 | Feb 14, 2017 | Common Stock | 7,040 | 0 | 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 in shares of common stock following termination of employment.
- F2Represents shares withheld to satisfy Mr. Reed's tax withholding obligation with respect to the 7,040 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, 2017. Mr. Reed retained the remaining 4,081 shares.