Dutch Pete ... can you translate this?

The parents of a coworker went to Amsterdam not long ago and brought
back a shirt from the Hard Rock Cafe there. On the shirt is the
following text:

HIER LIGT
BEGRAVEN
REMBRANDT
HARMENSZ
VAN RYN

Could it possibly mean: Here lies buried Rembrandt H. van Ryn

Which is what we've come up with, but I always like to turn to an
expert when one is available.

(And, was Rembrandt's middle name 'Herman,' more or less?)

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