0001482512-19-000152.txt : 20191231 0001482512-19-000152.hdr.sgml : 20191231 20191231203251 ACCESSION NUMBER: 0001482512-19-000152 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20191229 FILED AS OF DATE: 20191231 DATE AS OF CHANGE: 20191231 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: COLEMAN VICTOR J CENTRAL INDEX KEY: 0001191420 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34789 FILM NUMBER: 191320399 MAIL ADDRESS: STREET 1: HUDSON PACIFIC PROPERTIES INC. STREET 2: 11601 WILSHIRE BLVD SUITE 1600 CITY: LOS ANGELES STATE: CA ZIP: 90025 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Hudson Pacific Properties, Inc. CENTRAL INDEX KEY: 0001482512 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500] IRS NUMBER: 271430478 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 11601 WILSHIRE BLVD. STREET 2: SUITE 1600 CITY: LOS ANGELES STATE: CA ZIP: 90025 BUSINESS PHONE: (310) 445-5700 MAIL ADDRESS: STREET 1: 11601 WILSHIRE BLVD. STREET 2: SUITE 1600 CITY: LOS ANGELES STATE: CA ZIP: 90025 4 1 wf-form4_157784235285923.xml FORM 4 X0306 4 2019-12-29 0 0001482512 Hudson Pacific Properties, Inc. HPP 0001191420 COLEMAN VICTOR J 11601 WILSHIRE BLVD. SUITE 900 LOS ANGELES CA 90025 1 1 0 0 Chief Executive Officer Common Stock, par value $0.01 2019-12-29 4 F 0 21279 37.33 D 665622 D LTIP Units 2019-12-29 4 A 0 133940 A Common Stock, par value $.01 133940.0 133940 D LTIP Units are a class of limited partnership units in Hudson Pacific Properties, L.P. (the "Operating Partnership"), the operating partnership of Hudson Pacific Properties, Inc. (the "Company"). Initially, LTIP Units do not have full parity with common limited partnership units of the Operating Partnership ("Common Units") with respect to liquidating distributions. If such parity is reached, vested LTIP Units may be converted into an equal number of Common Units at any time thereafter, and, upon conversion, enjoy all the rights of Common Units. Common Units are redeemable for cash based on the fair market value of an equivalent number of shares of Common Stock, or, at the election of the Company, an equal number of shares of Common Stock, each subject to adjustment in the event of stock splits, specified extraordinary distributions or similar events. (Continued from Footnote 1) The LTIP Units were issued pursuant to the Amended and Restated Hudson Pacific Properties, Inc. and Hudson Pacific Properties, L.P. 2010 Incentive Award Plan, and will vest with respect to one-third of the LTIP Units on each of the first, second and third anniversaries of December 29, 2019, subject to the executive's continued service through the applicable vesting date. The LTIP Units also are subject to a mandatory holding period under which the executives generally cannot sell vested LTIP Units for an additional three years following the applicable vesting date. /s/ Victor Coleman 2019-12-31