Sec Form 4 Filing - HNA Investment Management LLC @ Red Lion Hotels CORP - 2018-06-12

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 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person HNA Investment Management LLC 2. Issuer Name and Ticker or Trading Symbol Red Lion Hotels CORP [ RLH] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director X __ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) C/O HNA GROUP NORTH AMERICA LLC, 1180 AVENUE OF THE AMERICAS, SUITE 1801 3. Date of Earliest Transaction (MM/DD/YY) 06/12/2018 (Street) NEW YORK, NY10036 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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, par value $0.01 per share 06/12/2018 S 3,738,401 ( 1 ) D $ 10.45 0 D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction 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 (MM/DD/YY) 7. Title and Amount of Underlying Securities (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

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other HNA Investment Management LLC C/O HNA GROUP NORTH AMERICA LLC 1180 AVENUE OF THE AMERICAS, SUITE 1801 NEW YORK, NY10036 X Signatures /s/ Enrico Marini Fichera 06/14/2018 Signature of Reporting Person Date

Explanation of Responses:

( 1 )As described in additional detail below, the filer disposed of its Section 13 beneficial ownership of 3,738,401 shares of common stock, par value $0.01 per share ("Common Stock") of Red Lion Hotels Corporation (the "Issuer"), but had no pecuniary interest in those shares and therefore has not disposed of them for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended.

Remarks: HNA Investment Management LLC (the "Manager") has been contractually delegated all authority to acquire, vote and dispose of the shares (the "Shares") of Common Stock of the Issuer. The Shares are held directly by HNA RLH Investments LLC ("HNA RLH"), which is a wholly-owned, indirect subsidiary of HNA Group Co., Ltd. HNA RLH retains the entire pecuniary interest in the Shares, and the Manager does not receive a performance-based fee for its services. Accordingly, the Manager, while considered a 10% shareholder of the Issuer, does not beneficially own any shares for the purposes of Section 16. The Manager has elected to make this filing for informational purposes only.

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).

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