Hudson Pacific Properties, Inc. (NYSE:HPP) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) On August 16, 2017, our director, Mr.Frank Cohen, resigned from the board of directors of Hudson Pacific Properties, Inc. due to his desire to devote more of his time to other business commitments. His resignation was effective on August 16, 2017.In tendering his resignation, Mr.Cohen expressed no disagreement with the Company.

(d) On August 16, 2017, Andrea Wong was appointed to the Board of Directors of the Company with a term commencing on August 16, 2017 and expiring at the 2018 annual meeting of stockholders. With the appointment of Ms. Wong, the Company’s Board consists of ten directors.

Ms. Wong will receive the standard non-employee director compensation for serving on the Board, including a pro-rated portion of the annual grant of restricted stock units, which will vest in equal one-third installments on the first, second and third anniversaries of the date of the Company’s 2017 annual meeting of stockholders (based upon continued service). In addition, effective August 16, 2017, the Company and Ms. Wong entered into the Company’s standard form of indemnification agreement for its non-employee directors, which requires the Company to indemnify each indemnitee to the fullest extent permitted by the Maryland General Corporation Law. For a description of the Company’s indemnification agreements, please see the Company’s Proxy Statement for its 2017 annual meeting of stockholders, filed with the Securities and Exchange Commission on April 10, 2017. For a description of the Company’s compensation program for its non-employee directors, please see the revised non-employee director compensation program, filed on the Company’s quarterly report for the third quarter, as filed with the Securities and Exchange Commission on November 7, 2014.

On August 18, 2017, the Company issued a press release announcing the appointment of Ms. Wong to its Board of Directors. A copy of the press release is furnished herewith as Exhibit 99.1. Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the Exchange Act) or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933 or the Exchange Act.

Item 9.01Financial Statements and Exhibits.

(d) Exhibits.

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** Furnished herewith.

Hudson Pacific Properties, Inc. Exhibit
EX-99.1 2 ex991bodpr.htm EXHIBIT 99.1 Exhibit Hudson Pacific Properties Appoints Andrea Wong to Board of DirectorsLos Angeles,…
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About Hudson Pacific Properties, Inc. (NYSE:HPP)

Hudson Pacific Properties, Inc. is a full-service, vertically integrated real estate investment trust (REIT). The Company is focused on owning, operating and acquiring office, and media and entertainment properties in select growth markets primarily in Northern and Southern California, and the Pacific Northwest. It operates in two segments: office properties, and media and entertainment properties. Its investment strategy is focused on high barrier-to-entry, in-fill locations with favorable, long-term supply demand characteristics in select markets, including Los Angeles, Orange County, San Diego, San Francisco, Silicon Valley and Seattle. Its portfolio includes office properties, comprising an aggregate of approximately 14.0 million square feet, and media and entertainment properties, comprising over 0.9 million square feet of sound-stage, office and supporting production facilities. It also owns undeveloped density rights for over 2.6 million square feet of future office space.