Filing Details

Accession Number:
0001182489-15-000504
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-04-13 15:05:35
Reporting Period:
2015-04-09
Filing Date:
2015-04-13
Accepted Time:
2015-04-13 15:05:35
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1482512 Hudson Pacific Properties Inc. HPP Real Estate (6500) 271430478
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1040153 C/Ca L L Partners Farallon C/O Farallon Capital Management, L.l.c.,
One Maritime Plaza, Suite 2100
San Francisco CA 94111
No No Yes Yes
1245635 C Mark Wehrly C/O Farallon Capital Management, L.l.c.
One Maritime Plaza, Suite 2100
San Francisco CA 94111
No No Yes Yes
1372968 M J Andrew Spokes C/O Farallon Capital Management, L.l.c.
One Maritime Plaza, Suite 2100
San Francisco CA 94111
No No Yes Yes
1509711 R. John Warren C/O Farallon Capital Management, L.l.c.
One Maritime Plaza, Suite 2100
San Francisco CA 94111
No No Yes Yes
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $0.01 Per Share Acquisiton 2015-04-09 934,728 $0.00 2,361,867 No 4 C Direct
Common Stock, Par Value $0.01 Per Share Disposition 2015-04-10 1,857,093 $32.79 504,774 No 4 S Direct
Common Stock, Par Value $0.01 Per Share Disposition 2015-04-10 3,759,269 $32.79 2,800,716 No 4 S Direct
Common Stock, Par Value $0.01 Per Share Disposition 2015-04-10 421,138 $32.79 313,754 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock, Par Value $0.01 Per Share Common Units of Limited Partnership Interest Disposition 2015-04-09 934,728 $0.00 934,728 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
878,790 2011-08-29 No 4 C Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, Par Value $0.01 Per Share 3,619,244 Indirect See Footnotes
Common Stock, Par Value $0.01 Per Share 3,619,244 Indirect See Footnotes
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock, Par Value $0.01 Per Share Common Units of Limited Partnership Interest $0.00 2011-08-29 934,728 878,790 Indirect
Common Stock, Par Value $0.01 Per Share Common Units of Limited Partnership Interest $0.00 2011-08-29 934,728 878,790 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
934,728 878,790 Indirect
934,728 878,790 Indirect
Footnotes
  1. Farallon Capital Partners, L.P. ("FCP") redeemed 934,728 common units of limited partnership interest ("Units") of Hudson Pacific Properties, L.P., a limited partnership of which the Issuer is the general partner. Each Unit is redeemable for cash equal to the then-current market value of one share of the Issuer's common stock or, at the election of the Issuer, one share of the Issuer's common stock. The Issuer elected to redeem FCP's tendered Units with shares of common stock.
  2. The entities and individuals identified in the footnotes of this Form 4 may be deemed members of a group holding equity securities of the Issuer. The filing of this Form 4 and any statements included herein shall not be deemed to be an admission that such entities and individuals are members of such group.
  3. Since the number of reporting persons that may be listed on a Form 4 is limited, the entities and individuals listed in these footnotes that are not reporting persons on this Form 4 are filing additional Forms 4 on the date hereof as reporting persons with respect to the securities described herein (the "Parallel Forms 4"). Information regarding these entities and individuals is included in this Form 4 for purposes of clarification and convenience only, and is duplicative of the information reported in the Parallel Forms 4.
  4. The amount of securities shown in this row is owned directly by FCP.
  5. The amount of securities shown in this row is owned directly by Farallon Capital Institutional Partners, L.P. ("FCIP").
  6. The amount of securities shown in this row is owned directly by Farallon Capital Institutional Partners III, L.P. ("FCIP III" and, together with FCP and FCIP, the "Farallon Funds").
  7. The amount of securities shown in this row is owned directly by the Farallon Funds.
  8. As the general partner of each of the Farallon Funds, Farallon Partners, L.L.C. ("FPLLC") may be deemed to be a beneficial owner of the Issuer's securities held by the Farallon Funds. FPLLC disclaims any 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 (the "'34 Act"), or otherwise, except as to securities representing its pro rata interest in, and interest in the profits of, the Farallon Funds.
  9. Each of Michael B. Fisch, Daniel J. Hirsch, David T. Kim, Monica R. Landry, Michael G. Linn, Rajiv A. Patel, Thomas G. Roberts, Jr., John R. Warren and Mark C. Wehrly (collectively, the "Managing Members") and Andrew J.M. Spokes (the "Senior Managing Member") as Managing Members or the Senior Managing Member, as the case may be, of FPLLC with the power to exercise investment discretion, may be deemed to be a beneficial owner of the Issuer's securities held by the Farallon Funds. Each of the Managing Members and the Senior Managing Member disclaims any beneficial ownership of any of the Issuer's securities reported or referred to herein for purposes of Section 16 of the '34 Act or otherwise, except to the extent of his or her pecuniary interest, if any.
  10. As a Managing Member of FPLLC with the power to exercise investment discretion, Richard B. Fried ("Fried") may be deemed to be a beneficial owner of the Issuer's securities held by the Farallon Funds. As a director of the Issuer, Fried is filing a separate Form 4 on the date hereof to report his deemed beneficial ownership of the Issuer's securities held by the Farallon Funds. Fried disclaims any beneficial ownership of any of the Issuer's securities reported or referred to herein for purposes of Section 16 of the '34 Act or otherwise, except to the extent of his pecuniary interest, if any.
  11. Represents Units of Hudson Pacific Properties, L.P. Each Unit is redeemable for cash equal to the then-current market value of one share of the Issuer's common stock or, at the election of the Issuer, one share of the Issuer's common stock.
  12. Units have no expiration date.