FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

REED COLIN V
2. Issuer Name and Ticker or Trading Symbol

Ryman Hospitality Properties, Inc. [ RHP ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Chairman & CEO
(Last)          (First)          (Middle)

ONE GAYLORD DRIVE
3. Date of Earliest Transaction (MM/DD/YYYY)

3/15/2020
(Street)

NASHVILLE, TN 37214
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 3/15/2020  M  6569 A$0.00 755827 (1)D  
Common Stock 3/15/2020  F  2585 (2)D$0.00 753242 (1)D  
Common Stock 3/15/2020  M  5354 A$0.00 758596 (1)D  
Common Stock 3/15/2020  F  2107 (3)D$0.00 756489 (1)D  
Common Stock 3/15/2020  M  28217 A$0.00 784706 D  
Common Stock 3/15/2020  F  11104 (4)D$0.00 773602 D  
Common Stock 3/15/2020  M  4891 A$0.00 778493 (1)D  
Common Stock 3/15/2020  F  1925 (5)D$0.00 776568 (1)D  
Common Stock 3/15/2020  M  3915 A$0.00 780483 (1)D  
Common Stock 3/15/2020  F  1541 (6)D$0.00 778942 (1)D  
Common Stock         793 I By Trusts 
Common Stock         185000 I By Family LLC 
Common Stock         40000 I By Family LLC 
Common Stock         371810 I By Family LLC 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted $0.00 3/15/2020  M     6569  3/15/2020 3/15/2020 Common Stock 6569 $0.00 0 D  
Restricted Stock Unit $0.00 3/15/2020  M     5354  3/15/2020 3/15/2021 Common Stock 5354 $0.00 5394 D  
Restricted Stock Units $0.00 3/15/2020  M     28219  3/15/2020 3/15/2020 Common Stock 28219 $0.00 0 D  
Restricted Stock Units $0.00 3/15/2020  M     4891  3/15/2020 3/15/2022 Common Stock 4891 $0.00 9767 D  
Restricted Stock Units $0.00 3/15/2020  M     3915  3/15/2020 3/15/2023 Common Stock 3915 $0.00 11745 D  

Explanation of Responses:
(1) Includes 626,390 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.
(2) Represents shares withheld to satisfy Mr. Reed's tax withholding obligation with respect to the 6,569 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 3/15/20. Mr. Reed retained the remaining 3,984 shares.
(3) Represents shares withheld to satisfy Mr. Reed's tax withholding obligation with respect to the 5,354 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 3/15/20. Mr. Reed retained the remaining 3,247 shares.
(4) Represents shares withheld to satisfy Mr. Reed's tax withholding obligation with respect to the 28,217 shares of common stock issued upon the vesting of performance-based restricted stock units on 3/15/20. Mr. Reed retained the remaining 17,113 shares.
(5) Represents shares withheld to satisfy Mr. Reed's tax withholding obligation with respect to the 4,891 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 3/15/20. Mr. Reed retained the remaining 2,966 shares.
(6) Represents shares withheld to satisfy Mr. Reed's tax withholding obligation with respect to the 3,915 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 3/15/20. Mr. Reed retained the remaining 2,374 shares.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
REED COLIN V
ONE GAYLORD DRIVE
NASHVILLE, TN 37214
X
Chairman & CEO

Signatures
Scott J. Lynn, Attorney-in-Fact for Colin V. Reed3/17/2020
**Signature of Reporting PersonDate

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