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 *

Merchant Fazal F
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
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

2100 POWEL STREET, SUITE 300
3. Date of Earliest Transaction (MM/DD/YYYY)

10/15/2019
(Street)

EMERYVILLE, CA 94608
(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

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 Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. 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 Date 7. 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units  $0.00                   (1)  (1) Common Stock  270    270 (2) D   
Restricted Stock Units  $0.00                   (1)  (1) Common Stock  1290    1290 (2) D   
Restricted Stock Units  $0.00                   (1)  (1) Common Stock  227    227 (2) D   
Restricted Stock Units  $0.00                   (1)  (1) Common Stock  234    234 (2) D   
Restricted Stock Units  $0.00                   (1)  (1) Common Stock  257    257 (2) D   
Restricted Stock Units  $0.00                   (1)  (1) Common Stock  233    233 (2) D   
Restricted Stock Units  $0.00                   (1)  (1) Common Stock  1224    1224 (2) D   
Restricted Stock Units  $0.00                   (1)  (1) Common Stock  224    224 (2) D   
Restricted Stock Units  $0.00                   (1)  (1) Common Stock  236    236 (2) D   

Explanation of Responses:
(1)  Mr. Merchant has deferred vesting of these restricted stock units until either a designated date or the termination of his service as a director.
(2)  In accordance with the terms of the reporting person's outstanding restricted stock unit awards, as a result of the $0.90 dividend per share of outstanding common stock paid by the issuer on October 15, 2019, the reporting person received additional restricted stock units in an amount based on the amount of the dividend per share and the closing price of the issuer's common stock traded on the NYSE on September 30, 2019.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Merchant Fazal F
2100 POWEL STREET
SUITE 300
EMERYVILLE, CA 94608
X



Signatures
Scott J. Lynn, Attorney-in-Fact for Fazal F. Merchant 10/15/2019
**Signature of Reporting Person Date


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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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