Hudson Pacific Properties director just disposed of 1,165,922 shares

Richard B Fried, a director of Hudson Pacific Properties, recently disposed of 1,165,922 shares of the company. The disposals took place at $35.00 per share, on January 10, 2017. Fried now owns just 20,559 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 January 10, 2017, the Farallon Funds sold an aggregate 1,165,922 shares of common stock of the Issuer to the underwriters in a registered public offering. As a result of such sale, the Farallon Funds no longer hold shares o f common stock of the Issuer. Farallon Partners, L.L.C. ("FPLLC") is the general partner of each of the Farallon 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. 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 January 10, 2017, FCP sold 283,095 Units to the Issuer. As a result of such sale, FCP no longer holds Units.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

Major owner of Hudson Pacific Properties just disposed of 8,626,311 shares - Jan. 12, 2017
Major owner of Hudson Pacific Properties just disposed of 8,626,311 shares - Jan. 12, 2017
Major owner of Hudson Pacific Properties just disposed of 8,626,311 shares - Jan. 12, 2017
Stephen A. Schwarzman just issued a filing suggesting it has sold all of its Hudson Pacific Properties - Jan. 12, 2017
Major owner of Hudson Pacific Properties just disposed of 8,626,311 shares - Jan. 12, 2017

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