McHenry Troy E. 4
4 · HEALTHPEAK PROPERTIES, INC. · Filed Feb 8, 2021
Insider Transaction Report
Form 4
McHenry Troy E.
Executive Vice President
Transactions
- Tax Payment
Common Stock
2021-02-04$30.55/sh−26,065$796,286→ 130,948.213 total - Award
Common Stock
2021-02-04+33,074→ 141,683.213 total - Award
Common Stock
2021-02-04+11,259→ 108,609.213 total - Award
Common Stock
2021-02-04+15,330→ 157,013.213 total
Footnotes (4)
- [F1]Represents performance-based restricted stock units previously granted to the reporting person by the Company on February 14, 2020. The performance conditions applicable to the award were determined to have been satisfied by the Company's Compensation and Human Capital Committee (the "Compensation Committee") on February 4, 2021 (the "Determination Date"), resulting in one-third (1/3) of the shares subject to the award vesting on each of the first, second and third anniversaries of the grant date, subject to the reporting person's continued employment with the Company through the applicable vesting date.
- [F2]Each restricted stock unit represents the right to receive one share of common stock, subject to the applicable vesting schedule.
- [F3]Represents the number of performance-based restricted stock units previously granted to the reporting person by the Company on February 14, 2018. The performance conditions applicable to the award were determined to have been satisfied by the Compensation Committee on the Determination Date, resulting in the award vesting in full on the Determination Date.
- [F4]This forfeiture of shares to satisfy applicable tax withholding in connection with one or more of the awards referenced above and does not constitute a sale transaction. Pursuant to the applicable award agreements, shares are required to be forfeited to satisfy applicable tax withholding in connection with the vesting of such awards.