Hudson Pacific Properties, Inc. 4
4 · Hudson Pacific Properties, Inc. · Filed Dec 12, 2012
Insider Transaction Report
Form 4
Stern Howard Steven
President
Transactions
- Sale
Common Stock, par value $0.01
2012-12-11$19.96/sh−27,111$541,136→ 96,454 total - Conversion
Common Stock, par value $0.01
2012-12-10+72,500→ 203,190 total - Conversion
Partnership Units
2012-12-10−72,500→ 144,449 total→ Common Stock, par value $0.01 (72,500 underlying) - Sale
Common Stock, par value $0.01
2012-12-10$19.87/sh−72,500$1,440,575→ 130,690 total - Sale
Common Stock, par value $0.01
2012-12-10$19.87/sh−7,125$141,574→ 123,565 total
Footnotes (6)
- [F1]The reporting person converted common units of limited partnership interest ("OP Units") of Hudson Pacific Properties, L.P., a Maryland Limited Partnership (the "Operating Partnership"), for shares of common stock of Hudson Pacific Properties, Inc. (the "Issuer"), all in accordance with the requirements of the Agreement of Limited Partnership of the Operating Partnership.
- [F2]OP Units are redeemable for cash equal to the current market value of one share of common stock, or, at the election of the Issuer, for shares of the Issuer's common stock on a one-for-one basis.
- [F3]Represents average sale price; exact sale prices range between $19.85 and $19.94.
- [F4]Represents average sale price; exact sale prices range between $19.85 and $20.02.
- [F5]1 for 1.
- [F6]N/A