SEC Form 4 · accession 0001628280-19-001437
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 13, 2019
Accepted (ET)
Feb 14, 2019 · 7:45 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 | Feb 13, 2019 | F | 1,346 | $30.39 | D | 30,785 | D | |
| Common StockF2,F3 | Feb 13, 2019 | A | 16,539 | $0.00 | A | 47,324 | D | |
| Common StockF4 | Feb 14, 2019 | F | 1,907 | $30.75 | D | 45,417 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This forfeiture of shares to satisfy applicable tax withholding does not constitute a sale transaction. Pursuant to the award agreement, shares are required to be forfeited to satisfy applicable tax withholding in connection with the vesting of restricted stock units granted on February 13, 2017.
- F2Represents the number of performance-based restricted stock units previously granted to the reporting person by the Company on February 14, 2018. Following certification of the performance results, the performance conditions were determined to have been satisfied on February 13, 2019, resulting in one-third (1/3) vesting on the first anniversary of the grant date, and one-third (1/3) eligible to vest on each of the second and third anniversaries of the grant date.
- F3Each restricted stock unit represents the right to receive one share of common stock, subject to the applicable vesting schedule.
- F4This forfeiture of shares to satisfy applicable tax withholding does not constitute a sale transaction. Pursuant to the award agreement, shares are required to be forfeited to satisfy applicable tax withholding in connection with the vesting of restricted stock units granted on February 14, 2018.