SEC Form 4 · accession 0001628280-18-001480
HCP, INC. · HCP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Troy E. McHenry
Officer — EVP, Gen Counsel and Corp Sec
Period of report
Feb 8, 2018
Accepted (ET)
Feb 12, 2018 · 7:35 pm EST
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 | Feb 8, 2018 | A | 11,670 | $0.00 | A | 35,467 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the number of retentive restricted stock units (RSUs) granted to the reporting person by the Company on February 13, 2017, which contained a performance condition. The Compensation Committee of the Company's Board of Directors determined on February 8, 2018, that the performance condition had been satisfied, resulting in one-third (1/3) of the RSUs being eligible to vest on each of the first, second and third anniversaries of the grant date.
- F2Each restricted stock unit represents the right to receive one share of common stock, subject to the applicable vesting schedule.