SEC Form 4 · accession 0001179110-17-007091
HCP, INC. · HCP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael D McKee
Officer — Executive Chairman · Director
Period of report
May 9, 2017
Accepted (ET)
May 11, 2017 · 8:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000765880
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | May 9, 2017 | F | 13,887 | $30.13 | D | 53,225 | D | |
| Common StockF2,F4 | holding | — | — | — | 154,735 | I | Trust | |
| Common Stock | holding | — | — | — | 11,350 | I | Family LLC | |
| Common Stock | holding | — | — | — | 11,350 | I | Family LLC II |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the amount of shares forfeited for applicable tax withholding requirements in connection with the vesting of restricted stock units granted on May 9, 2016, as adjusted.
- F2The reporting person previously reported 74,215 shares held directly. Of those shares, 18,185 shares have vested, net of forfeitures, and are now held indirectly in a trust account.
- F3The number of RSUs in this Form 4 have been adjusted to reflect the Corporation's spin-off of its wholly owned subsidiary Quality Care Properties, Inc. on October 31, 2016. The adjustments were made to preserve the intrinsic value of the reporting person's unvested RSUs existing prior to the spin-off, consistent with the Corporation's treatment of all outstanding and unvested RSUs.
- F4Prior reports inadvertently excluded 400 shares. Details of the acquisition date and price were not able to be determined after due inquiry.