Ryman Hospitality Properties, Inc 8-K, filed Mar 22, 2023
Ryman Hospitality Properties, Inc. (RHP)
About this 8-K
Ryman Hospitality Properties, Inc filed this 8-K on March 22, 2023, reporting on events of March 21, 2023.
Items reported
- Item 5.02: Director or officer change, or executive pay
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| ITEM 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On March 21, 2023, the Board of Directors (the “Board”) of Ryman Hospitality Properties, Inc. (the “Company”) accepted the resignation of Christian A. Brickman as a member of the Board and as a member of the Company’s Audit Committee, effective immediately. Mr. Brickman, in accordance with the Company’s Corporate Governance Guidelines, tendered his resignation in connection with his acceptance of a new position with Pritzker Private Capital. Mr. Brickman’s resignation is not the result of any disagreement with the Company. In connection with Mr. Brickman’s resignation and in recognition of his service and contributions to the Company, the Board approved the payment of Mr. Brickman’s quarterly cash compensation for the quarterly period ending March 31, 2023, as well as the accelerated vesting of 1,420 outstanding and unvested restricted stock units previously granted to Mr. Brickman under the Company’s 2016 Omnibus Incentive Plan. The restricted stock units were scheduled to vest entirely on May 12, 2023.
Effective with the Board’s acceptance of Mr. Brickman’s resignation, the Board approved a reduction in the size of the Board from ten (10) members to nine (9) members.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| RYMAN HOSPITALITY PROPERTIES, INC. | ||
| Date: March 21, 2023 | By: | /s/ Scott J. Lynn |
| Name: | Scott J. Lynn | |
| Title: | Executive Vice President, General Counsel and Secretary | |