Richard B Fried, a major owner of Hudson Pacific Properties, recently disposed of 482,777 shares of the company. The disposals took place at $29.08 per share, on May 16, 2016. Fried still owns 3,153,770 shares of the company. Fried operates out of San Francisco, CA. Some additional info was provided as follows:
The amount of securities shown in this row is owned directly by Farallon Capital Partners, L.P., Farallon Capital Institutional Partners, L.P. and Farallon Capital Institutional Partners III, L.P. (collectively, the "Farallon Funds"). On May 16, 2016, the Farallon Funds sold an aggregate 482,777 shares of common stock of the Issuer to the underwriter in a registered public offering.
Farallon Partners, L.L.C. ("FPLLC") is the general partner of each of the Fa
rallon Funds. FPLLC disclaims any beneficial ownership of any of the 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.
The reporting person, Richard B. Fried ("Fried"), is a managing member of FPLLC. Fried disclaims any beneficial ownership of any of the Issuer's securities owned by the Farallon Funds 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.
Fried, the Farallon Funds and FPLLC 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 persons are members of such a group.
Represents common units of limited partnership interest ("Units") in 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 Issuer's election, for one share of the Issuer's common stock.
The Units have no expiration date.
The amount of securities shown in this row is owned directly by Farallon Capital Partners, L.P. ("FCP"). On May 16, 2016, FCP sold 117,223 Units to the Issuer.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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