0001482512-19-000014.txt : 20190102 0001482512-19-000014.hdr.sgml : 20190102 20190102213733 ACCESSION NUMBER: 0001482512-19-000014 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20181229 FILED AS OF DATE: 20190102 DATE AS OF CHANGE: 20190102 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Hatfield Joshua A. CENTRAL INDEX KEY: 0001646914 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34789 FILM NUMBER: 19503510 MAIL ADDRESS: STREET 1: 11601 WILSHIRE BOULEVARD STREET 2: 6TH FLOOR 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_154648303134452.xml FORM 4 X0306 4 2018-12-29 0 0001482512 Hudson Pacific Properties, Inc. HPP 0001646914 Hatfield Joshua A. 11601 WILSHIRE BLVD. SUITE 900 LOS ANGELES CA 90025 0 1 0 0 EVP, Operations Common Stock, par value $0.01 2018-12-29 4 F 0 6883 28.41 D 41347 D Common Stock, par value $0.01 2019-01-02 4 F 0 2176 27.73 D 39171 D LTIP Units 2018-12-29 4 A 0 22879 A Common Stock, par value $0.01 22879.0 22879 D LTIP Units are a class of limited partnership units in Hudson Pacific Properties, L.P. (the "Operating Partnership"). Initially, the LTIP Units do not have full parity with common limited partnership units of the Operating Partnership ("OP Units") with respect to liquidating distributions. However, upon the occurrence of certain events described in the Operating Partnership's partnership agreement, the LTIP Units can over time achieve full parity with the OP Units for all purposes. If such parity is reached, vested LTIP Units may be converted into an equal number of OP Units on a one for one basis at any time at the request of the Reporting Person or the general partner of the Operating Partnership. OP Units are redeemable by the holder for an equivalent number of shares of the Issuer's common stock or for the cash value of such shares, at the Issuer's election. (Continued from Footnote 1) The LTIP Units issued pursuant to the Hudson Pacific Properties, Inc. and Hudson Pacific Properties, L.P. 2010 Incentive Award Plan will vest with respect to one-third of the LTIP Units on each of the first, second and third anniversaries of December 29, 2018, 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/ Joshua A. Hatfield 2019-01-02