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

(b) On March 14, 2019, our director, Mr. Michael Nash, resigned from the board of directors of Hudson Pacific Properties, Inc. (the Company). His resignation was effective on March 14, 2019. In tendering his resignation, Mr. Nash expressed no disagreement with the Company.

(d) On March 14, 2019, Ms. Christy Haubegger was appointed to the Board of Directors of the Company with a term commencing on March 14, 2019 and expiring at the 2019 annual meeting of stockholders. With the appointment of Ms. Haubegger, the Companys Board consists of ten directors.

Ms. Haubegger 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 Companys 2018 annual meeting of stockholders (based upon continued service). In addition, effective March 14, 2019, the Company and Ms. Haubegger entered into the Companys 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 Companys indemnification agreements, please see the Companys Proxy Statement for its 2018 annual meeting of stockholders, filed with the Securities and Exchange Commission on April 2, 2018. For a description of the Companys compensation program for its non-employee directors, please see the revised non-employee director compensation program, filed on the Companys quarterly report, as filed with the Securities and Exchange Commission on November 7, 2014.

On March 19, 2019, the Company issued a press release announcing the appointment of Ms. Haubegger 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, or 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 9.01 Financial 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,…
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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.