Ryman Hospitality Properties, Inc. 4
4 · Ryman Hospitality Properties, Inc. · Filed Jan 2, 2014
Insider Transaction Report
Form 4
GAYLORD EDWARD K II
Director
Transactions
- Award
Restricted Stock Units
2013-12-31+29,492→ 29,492 totalExercise: $0.00From: 2013-12-31Exp: 2013-12-31→ Common Stock (29,492 underlying)
Footnotes (1)
- [F1]Effective December 31, 2013, the Company terminated its existing Director Deferred Compensation Plan (the "Plan"), pursuant to which the reporting person deferred cash fees payable for service as a director until either termination from the Board of Directors or a date specified by the director. In connection with the termination, the Company issued new restricted stock units to the reporting person in an amount equal to the reporting person's balance under the Plan (which had been accruing based on the performance of the Company's common stock). The reporting person has elected to defer receipt of the restricted stock units, which are convertible on a one-to-one basis, into shares of common stock until termination of his service as a director.