Colin V Reed - 02 Jun 2023 Form 4 Insider Report for Ryman Hospitality Properties, Inc. (RHP)

Signature
Scott J. Lynn, Attorney-in-Fact for Colin V. Reed
Issuer symbol
RHP
Transactions as of
02 Jun 2023
Net transactions value
-$2,894,850
Form type
4
Filing time
05 Jun 2023, 14:34:55 UTC
Previous filing
04 May 2023
Next filing
14 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RHP Common Stock Sale $1,439,250 -15,000 -1.8% $95.95 797,614 02 Jun 2023 Direct F1, F2
transaction RHP Common Stock Sale $1,455,600 -15,000 -1.9% $97.04 782,614 05 Jun 2023 Direct F1, F2
holding RHP Common Stock 793 02 Jun 2023 By Trusts
holding RHP Common Stock 185,000 02 Jun 2023 By Family LLC
holding RHP Common Stock 40,000 02 Jun 2023 By Family LLC
holding RHP Common Stock 327,249 02 Jun 2023 By Family LLC
holding RHP Common Stock 58,171 02 Jun 2023 By Family LLC
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 1, 2023.
F2 Includes 648,290 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.