0001628280-23-003945.txt : 20230216
0001628280-23-003945.hdr.sgml : 20230216
20230216180435
ACCESSION NUMBER: 0001628280-23-003945
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230215
FILED AS OF DATE: 20230216
DATE AS OF CHANGE: 20230216
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Brinker Scott M
CENTRAL INDEX KEY: 0001540329
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08895
FILM NUMBER: 23639687
MAIL ADDRESS:
STREET 1: 1920 MAIN STREET
STREET 2: SUITE 1200
CITY: IRVINE
STATE: CA
ZIP: 92614
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: HEALTHPEAK PROPERTIES, INC.
CENTRAL INDEX KEY: 0000765880
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 330091377
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 5050 SOUTH SYRACUSE STREET
STREET 2: SUITE 800
CITY: DENVER
STATE: CO
ZIP: 80237
BUSINESS PHONE: 949-407-0700
MAIL ADDRESS:
STREET 1: 5050 SOUTH SYRACUSE STREET
STREET 2: SUITE 800
CITY: DENVER
STATE: CO
ZIP: 80237
FORMER COMPANY:
FORMER CONFORMED NAME: HCP, INC.
DATE OF NAME CHANGE: 20070911
FORMER COMPANY:
FORMER CONFORMED NAME: HEALTH CARE PROPERTY INVESTORS INC
DATE OF NAME CHANGE: 19920703
4
1
wf-form4_167658865758915.xml
FORM 4
X0306
4
2023-02-15
0
0000765880
HEALTHPEAK PROPERTIES, INC.
PEAK
0001540329
Brinker Scott M
4600 SOUTH SYRACUSE STREET
SUITE 500
DENVER
CO
80237
1
1
0
0
President and CEO
Common Stock
2023-02-15
4
D
0
91200
D
190225
D
LTIP Units
2023-02-15
4
A
0
91200
A
Common Stock
91200.0
91200
D
Represents unvested restricted stock units in respect of shares of common stock of the Issuer that were previously granted to the reporting person, provided for time-based vesting, and were cancelled by the Issuer on February 15, 2023 (the "Cancelled RSUs"). This cancellation of shares does not constitute a sale transaction.
The reporting person received in exchange for the Cancelled RSUs a replacement award of a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units (LTIP Units) intended to qualify as profits interests for U.S. federal income tax purposes, and which have the same vesting schedule as the corresponding Cancelled RSUs. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the OP Units). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date.
These LTIP Units represent the unvested portion of the original grant, which vests one-fifth (1/5) annually commencing on the second anniversary of the March 1, 2018 grant date, subject to continued service with the Issuer.
Scott A. Graziano, SVP, Legal (Attorney-In-Fact)
2023-02-16