ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.
On February 24, 2022, Ryman Hospitality Properties, Inc., a Delaware corporation
(the "Company"), issued a press release announcing its financial results for the
three months and year ended December 31, 2021. A copy of the press release is
furnished herewith as Exhibit 99.1 and incorporated herein by reference.
The information furnished under this Item 2.02, including Exhibit 99.1 hereto,
is being furnished pursuant to Item 2.02 and shall not be deemed to be "filed"
for the purposes of Section 18 of the Securities Exchange Act of 1934, as
amended, and Section 11 of the Securities Act of 1933, as amended, and shall not
be otherwise subject to the liabilities of those sections. The Company does not
undertake a duty to update the information in this Current Report on Form 8-K
and cautions that the information included in this Current Report on Form 8-K
under Item 2.02 is current only as of February 24, 2022 and may change
thereafter.
ITEM 5.02. DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS;
APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN
OFFICERS.
On February 24, 2022, the Board of Directors (the "Board") of the Company
expanded the number of directors of the Company from eight to ten and appointed
Michael I. Roth and Mark Fioravanti to fill the vacancies created by such
expansion.
The Board has determined that Mr. Roth qualifies as an independent director
within the meaning of the New York Stock Exchange listing standards. Mr. Roth
has been named to the Human Resources Committee and the Nominating and Corporate
Governance Committee of the Board concurrently with his appointment to the
Board. Mr. Roth's compensation for his services as director will be consistent
with that of the Company's other non-employee directors, as described in Exhibit
10.27 to the Company's 2020 Annual Report on Form 10-K filed with the Securities
and Exchange Commission on February 26, 2021. Other than the foregoing standard
compensation arrangements, there are no other arrangements or understandings
between Mr. Roth and any other person pursuant to which he was appointed as a
director. Mr. Roth is not a party to any transaction with the Company that would
require disclosure under Item 404(a) of Regulation S-K.
Mr. Fioravanti has not been named to any committee of the Board. Mr. Fioravanti
will not receive any additional compensation for his services as director, and
Mr. Fioravanti's compensation for his service as the Company's President and
Chief Financial Officer was not modified in connection with his appointment to
the Board. There are no arrangements or understandings between Mr. Fioravanti
and any other person pursuant to which he was appointed as a director. Mr.
Fioravanti is not a party to any transaction with the Company that would require
disclosure under Item 404(a) of Regulation S-K.
Each of Mr. Roth and Mr. Fioravanti will hold office until the Company's 2022
annual meeting of stockholders, at which time each will be considered for
election for a one-year term expiring in 2023.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits
99.1 Press Release of Ryman Hospitality Properties, Inc. dated February 24,
2022.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
© Edgar Online, source Glimpses