X0306 4 2017-05-24 0 0001482512 Hudson Pacific Properties, Inc. HPP 0001245637 FRIED RICHARD B C/O FARALLON CAPITAL MANAGEMENT, L.L.C. ONE MARITIME PLAZA, SUITE 2100 SAN FRANCISCO CA 94111 1 0 0 0 Common Stock, par value $0.01 per share 2017-05-24 4 A 0 2687 0 A 23246 D On May 24, 2017, the Issuer awarded to Richard B. Fried ("Fried"), a director of the Issuer, 2,687 shares of the Issuer's restricted stock. Such shares will vest in three equal installments on the first, second and third anniversaries of the date of grant. Fried is a managing member of each of Farallon Partners, L.L.C. ("FPLLC") and Farallon Capital Management, L.L.C. ("FCM"). FPLLC and FCM disclaim beneficial ownership of any of the Issuer's securities reported or referred to herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise. /s/ Richard B. Fried 2017-05-26