<SEC-DOCUMENT>0001104659-16-120496.txt : 20160512
<SEC-HEADER>0001104659-16-120496.hdr.sgml : 20160512
<ACCEPTANCE-DATETIME>20160512161743
ACCESSION NUMBER:		0001104659-16-120496
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20160512
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20160512
DATE AS OF CHANGE:		20160512

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HCP, INC.
		CENTRAL INDEX KEY:			0000765880
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				330091377
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08895
		FILM NUMBER:		161643945

	BUSINESS ADDRESS:	
		STREET 1:		1920 MAIN STREET
		STREET 2:		SUITE 1200
		CITY:			IRVINE
		STATE:			CA
		ZIP:			92614
		BUSINESS PHONE:		949-407-0700

	MAIL ADDRESS:	
		STREET 1:		1920 MAIN STREET
		STREET 2:		SUITE 1200
		CITY:			IRVINE
		STATE:			CA
		ZIP:			92614

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HEALTH CARE PROPERTY INVESTORS INC
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a16-11177_18k.htm
<DESCRIPTION>8-K
<TEXT>


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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">UNITED STATES</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">SECURITIES AND EXCHANGE COMMISSION</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;font-weight:bold;">Washington, D.C. 20549</font></b></p>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">FORM&nbsp;8-K</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;font-weight:bold;">CURRENT REPORT</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;font-weight:bold;">Pursuant to Section&nbsp;13 or 15(d)&nbsp;of the Securities Exchange Act of 1934</font></b></p>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">May&nbsp;12, 2016 (May&nbsp;12, 2016)</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:7.5pt;font-weight:bold;">Date of Report (Date of earliest event reported)</font></b></p>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:20.0pt;font-weight:bold;">HCP,&nbsp;Inc.</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:7.5pt;font-weight:bold;">(Exact name of registrant as specified in its charter)</font></b></p>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Maryland</font></b></p>    </td>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">001-08895</font></b></p>    </td>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">33-0091377</font></b></p>    </td>   </tr>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:7.5pt;font-weight:bold;">(IRS Employer Identification Number)</font></b></p>    </td>   </tr>  </table>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">1920 Main Street, Suite&nbsp;1200</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Irvine, CA 92614</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:7.5pt;font-weight:bold;">(Address of principal executive offices) (Zip Code)</font></b></p>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(949) 407-0700</font></b></p>
<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:7.5pt;font-weight:bold;">(Registrant&#146;s telephone number, including area code)</font></b></p>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">N/A</font></b></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Check the appropriate box below if the Form&nbsp;8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</font></p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="3" face="Wingdings" style="font-size:12.0pt;">o</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Written communications pursuant to Rule&nbsp;425 under the Securities Act (17 CFR 230.425) </p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="3" face="Wingdings" style="font-size:12.0pt;">o</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR 240.14a-12) </p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="3" face="Wingdings" style="font-size:12.0pt;">o</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font>Pre-commencement communications pursuant to Rule&nbsp;13e-4(c)&nbsp;under the Exchange Act (17 CFR 240.13e-4(c)) </p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt 1.0in;text-indent:-1.0in;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item 5.02</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b>Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(c)&nbsp;&#160;&#160;&#160;&#160;&#160; Appointment of Certain Officers</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;text-indent:.25in;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Election of Executive Vice President and Chief Financial Officer</font></i></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">On May&nbsp;12, 2016, HCP,&nbsp;Inc., a Maryland corporation (&#147;<u>HCP</u>&#148;), announced that its Board of Directors (the &#147;<u>Board</u>&#148;) elected Thomas M. Herzog, 53, to serve as Executive Vice President and Chief Financial Officer, effective June&nbsp;27, 2016.&#160; Mr.&nbsp;Herzog previously served in the same position with HCP from April&nbsp;2009 through May&nbsp;2011.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Mr.&nbsp;Herzog has served as Senior Vice President and Chief Financial Officer of UDR,&nbsp;Inc., an S&amp;P 500 company and a leading multifamily real estate investment trust (NYSE:UDR), since January&nbsp;2013.&#160; From 2011 until he joined UDR,&nbsp;Inc., Mr.&nbsp;Herzog was the Chief Financial Officer of Amstar, a Denver-based privately-held real estate investment company.&#160; From 2004 until he joined HCP in April&nbsp;2009, as noted above, Mr.&nbsp;Herzog was the Executive Vice President and Chief Financial Officer of Apartment Investment and Management Company (NYSE:AIV) (&#147;<u>AIMCO</u>&#148;), a leading multifamily real estate investment trust.&#160; He joined AIMCO as Senior Vice President and Chief Accounting Officer in 2004. From 2000 to 2004, Mr.&nbsp;Herzog was with GE Capital Real Estate, where he held the position of Chief Accounting Officer and Global Controller from 2002 to 2004 and Chief Technical Advisor from 2000 to 2002.&#160; Prior to that time, Mr.&nbsp;Herzog worked at Deloitte&nbsp;&amp; Touche LLP for ten years.&#160; Mr.&nbsp;Herzog currently serves as a member of the Board of Directors of Tier REIT (NYSE:TIER), an office property real estate investment trust.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" color="black" face="Times New Roman" style="color:black;font-size:10.0pt;">The material terms of Mr.&nbsp;Herzog&#146;s compensation are summarized as follows:</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt 1.0in;text-indent:-.25in;"><font size="3" face="Symbol" style="font-size:12.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><i><font color="black" style="color:black;font-style:italic;">Base Salary and Bonus</font></i><font color="black" style="color:black;">.&#160; Mr.&nbsp;Herzog will receive an annual base salary of $650,000, subject to annual review.&#160; He will also be eligible for an annual bonus with a target amount of $1,300,000, which will not be prorated based on the portion of the year during which he serves as an employee of HCP.&#160; The actual amount of the annual bonus will be determined by the Compensation Committee of the Board (the &#147;<u>Compensation Committee</u>&#148;), based on the achievement of the same performance targets and other terms and conditions applicable to other senior executives generally under HCP&#146;s annual short-term incentive plan.</font></p>
<p style="margin:0in 0in .0001pt 1.0in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt 1.0in;text-indent:-.25in;"><font size="3" face="Symbol" style="font-size:12.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><i>Initial Equity Award</i>.&#160; In connection with his hiring, Mr.&nbsp;Herzog will receive a one-time grant of restricted stock units with an aggregate grant date fair value of $4,000,000 (the &#147;<u>Initial Equity Award</u>&#148;).&#160; A total of 50% of the Initial Equity Award is subject to both the satisfaction of certain performance criteria, as determined and approved by the Compensation Committee, and Mr.&nbsp;Herzog&#146;s continued employment through vesting dates that occur ratably over a three-year period following the grant date. The remaining 50% of the Initial Equity Award is subject to ratable vesting over a three-year period following the grant date based on Mr.&nbsp;Herzog&#146;s continuing employment on the applicable vesting date.</p>
<p style="margin:0in 0in .0001pt 1.0in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt 1.0in;text-indent:-.25in;"><font size="3" face="Symbol" style="font-size:12.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><i>Annual Equity Award</i>.&#160; Beginning in 2017, Mr.&nbsp;Herzog will be eligible for an annual equity award with a target aggregate grant date fair value of $1,300,000 (the &#147;<u>Annual Equity Award</u>&#148;).&#160; The Annual Equity Award will be subject to the same vesting criteria and other terms and conditions applicable to other senior executives generally under HCP&#146;s 2017 long-term incentive plan, as determined by the Compensation Committee.</p>
<p style="margin:0in 0in .0001pt 1.0in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt 1.0in;text-indent:-.25in;"><font size="3" face="Symbol" style="font-size:12.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><i>Severance Terms</i>.&#160; Mr.&nbsp;Herzog will be eligible to participate in both HCP&#146;s Executive Severance Plan (&#147;<u>Severance Plan</u>&#148;) and HCP&#146;s Executive Change in Control Severance Plan (&#147;<u>CIC Plan</u>&#148;).&#160; The material terms of the Severance Plan are described under Part&nbsp;II,&nbsp;Item 5 (Other Information) in HCP&#146;s Quarterly Report on Form&nbsp;10-Q, filed with the Securities and Exchange Commission (&#147;<u>SEC</u>&#148;) on May&nbsp;9, 2016, and are incorporated herein by reference. The material terms of the CIC Plan are described under the heading &#147;Change in Control Severance Plan&#148; in HCP&#146;s 2016 Proxy Statement, filed with the SEC on March&nbsp;17, 2016, and under Part&nbsp;II,&nbsp;Item 5 (Other Information) in HCP&#146;s Quarterly Report on Form&nbsp;10-Q, filed with the SEC on May&nbsp;9, 2016, as applicable, and are incorporated herein by reference.</p>
<p style="margin:0in 0in .0001pt 1.0in;text-indent:-.25in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="font-size:10.0pt;margin:0in 0in .0001pt 1.0in;text-indent:-.25in;"><font size="3" face="Symbol" style="font-size:12.0pt;">&#183;</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><i>Other Benefits</i>.&#160; Mr.&nbsp;Herzog will be eligible to participate in the health, welfare and other benefits plans and arrangements as generally made available to HCP&#146;s other executive vice presidents.&#160; HCP will also reimburse Mr.&nbsp;Herzog for up to $150,000 of relocation expenses, and he will be entitled to 19 vacation days per year.</p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" color="black" face="Times New Roman" style="color:black;font-size:10.0pt;">There are no family relationships involving Mr.&nbsp;Herzog that would require disclosure under Item 401(d)&nbsp;of Regulation S-K.&nbsp; There are no current or proposed transactions in which he or any member of his immediate family has, or will have, a direct or indirect material interest that would require disclosure under Item 404(a)&nbsp;of Regulation S-K.</font></p>
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<p style="margin:0in 0in .0001pt;text-indent:.25in;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">Election of Interim Principal Financial Officer</font></i></p>
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<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" color="black" face="Times New Roman" style="color:black;font-size:10.0pt;">On May&nbsp;12, 2016, the Board also elected Scott A. Anderson, the Company&#146;s Executive Vice President and Chief Accounting Officer, as HCP&#146;s principal financial officer on an interim basis.&#160; Mr.&nbsp;Anderson will serve as interim principal financial officer effective upon Timothy M. Schoen&#146;s final day of employment with HCP (which, as previously disclosed, is expected to be May&nbsp;22, 2016), and continuing until Mr.&nbsp;Herzog&#146;s first day of employment with HCP.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" color="black" face="Times New Roman" style="color:black;font-size:10.0pt;">Mr.&nbsp;Anderson, 54, has been HCP&#146;s Executive Vice President and Chief Accounting Officer since January&nbsp;2016.&#160; He has been with HCP since 2009, most recently as Senior Vice President and Chief Accounting Officer from July&nbsp;2009 to January&nbsp;2016.&#160; Prior to joining HCP, Mr.&nbsp;Anderson spent eight years with AIMCO, most recently as its Senior Vice President of Financial Risk Management.&#160; He has over 25 years of financial and accounting experience.&#160; Mr.&nbsp;Anderson&#146;s leadership roles and experience include the oversight of accounting, tax, and financial planning and analysis, as well as information technology business functions.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" color="black" face="Times New Roman" style="color:black;font-size:10.0pt;">Mr.&nbsp;Anderson will not receive any additional compensation for his service as interim principal financial officer.&#160; There are no family relationships involving Mr.&nbsp;Anderson that would require disclosure under Item 401(d)&nbsp;of Regulation S-K.&nbsp; There are no current or proposed transactions in which he or any member of his immediate family has, or will have, a direct or indirect material interest that would require disclosure under Item 404(a)&nbsp;of Regulation S-K.</font></p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item 7.01</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b>Regulation FD Disclosure.</b></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">On May&nbsp;12, 2016, HCP issued a press release announcing Mr.&nbsp;Herzog&#146;s election as Executive Vice President and Chief Financial Officer, as noted in Item 5.02 above.&#160; A copy of the press release is attached hereto as Exhibit&nbsp;99.1 and is incorporated into this Item 7.01 by reference.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The information set forth in this Item 7.01 and the related information in Exhibit&nbsp;99.1 attached hereto are being furnished to, and shall not be deemed filed for purposes of Section&nbsp;18 of the Securities Exchange Act of 1934, as amended (the &#147;<u>Exchange Act</u>&#148;), or otherwise subject to the liabilities of that section and shall not be incorporated by reference in any filing with, the SEC under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference therein.</font></p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item 9.01</font></b><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><b>Financial Statements and Exhibits.</b></p>
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<p style="font-size:10.0pt;margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)</font><font size="1" style="font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u>Exhibits</u>.</p>
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<p align="center" style="margin:3.0pt 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.1</font></p>    </td>
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<p style="margin:3.0pt 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Press Release, dated   May&nbsp;12, 2016.</font></p>    </td>   </tr>  </table>
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<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;">3<a name="PB_3_130918_7056"></a></p>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SIGNATURES</font></b></p>
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<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</font></p>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Date: May&nbsp;12, 2016</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">HCP,&nbsp;Inc. </font></b></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">(Registrant)</font></i></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><i><font size="2" face="Times New Roman" style="font-size:10.0pt;font-style:italic;">/s/ Troy E. McHenry</font></i></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>    </td>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Troy E. McHenry</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Executive Vice   President, General Counsel and</font></p>    </td>   </tr>
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<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Corporate Secretary</font></p>    </td>   </tr>  </table>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">EXHIBIT&nbsp;INDEX</font></b></p>
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<p align="right" style="margin:3.0pt 0in .0001pt;text-align:right;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">99.1</font></p>    </td>
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<p style="margin:3.0pt 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Press Release, dated   May&nbsp;12, 2016.</font></p>    </td>   </tr>  </table>
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<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;">5<a name="PB_5_131530_5796"></a></p>
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Arial" style="font-size:10.0pt;font-weight:bold;">Exhibit&nbsp;99.1</font></b></p>
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<p style="margin:0in 0in .0001pt .15in;"><font size="2" face="Times New Roman"><img width="100" height="67" src="g111771mmi001.gif"></font><font size="1" color="#c00000" face="Arial" style="color:#C00000;font-size:1.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></p>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="3" face="Arial" style="font-size:12.0pt;font-weight:bold;">Tom Herzog to Join HCP as Executive Vice President and Chief Financial Officer</font></b></p>
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<p style="margin:0in 0in .0001pt;text-align:justify;"><b><font size="2" face="Arial" style="font-size:10.5pt;font-weight:bold;">IRVINE, Calif., &#150; May&nbsp;12, 2016 &#150;</font></b><font size="2" face="Arial" style="font-size:10.5pt;"> PRNewswire - HCP (NYSE:HCP) today announced that Tom Herzog will join the company as Executive Vice President and Chief Financial Officer (CFO), effective June&nbsp;27, 2016.&#160; Mr.&nbsp;Herzog previously served as CFO of HCP from 2009 to 2011.&#160; He will replace HCP&#146;s outgoing </font><font size="2" face="Arial" style="font-size:10.5pt;">Executive Vice President and CFO, Tim Schoen.</font></p>
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<p style="background:#FEFEFE;margin:0in 0in .0001pt;text-align:justify;"><font size="2" face="Arial" style="font-size:10.5pt;">&#147;Our Board and management team are very pleased that Tom is rejoining our team,&#148; said Mike McKee, Executive Chairman of HCP.&#160; &#147;Tom is an established S&amp;P 500 executive with exceptional and relevant experience.&#160; We look forward to his contributions as we continue to drive sustainable long-term value for our shareholders.&#148;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.5pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="2" face="Arial" style="font-size:10.5pt;">&#147;We are thrilled to welcome Tom back to HCP,&#148; said Lauralee Martin, President and Chief Executive Officer of HCP.&#160; &#147;His proven leadership, financial acumen, deep REIT industry experience and familiarity with our people and portfolio will be invaluable as we work to complete the recently announced spin-off of our HCR ManorCare real estate, and focus on the exciting growth opportunities ahead for HCP.&#148;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.5pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="2" face="Arial" style="font-size:10.5pt;">&#147;I am excited to return to HCP to work with Mike, Lauralee and the rest of the team as we continue to advance HCP&#146;s premier healthcare portfolio,&#148; Mr.&nbsp;Herzog noted.&#160; &#147;HCP has compelling opportunities ahead and I look forward to being part of the team that will position the company for future growth.&#148;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.5pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="2" face="Arial" style="font-size:10.5pt;">Mr.&nbsp;Herzog has served as Senior Vice President and CFO of UDR,&nbsp;Inc., a leading multifamily real estate investment trust listed on the NYSE, since January&nbsp;2013.&#160; From 2011 until he joined UDR, he was the CFO at Amstar, a Denver-based real estate investment company.&#160; Mr.&nbsp;Herzog&#146;s experience in the public REIT sector also includes serving as CFO for two S&amp;P 500 companies, HCP (2009-2011) and Apartment Investment and Management Company, an NYSE listed company (2004-2009).&#160; Prior to this, Mr.&nbsp;Herzog was an executive with GE Capital Real Estate for four years, and spent a decade at the accounting firm Deloitte&nbsp;&amp; Touche LLP.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="background:#FEFEFE;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.5pt;font-weight:bold;">ABOUT HCP</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:5.0pt;">&nbsp;</font></p>
<p style="background:#FEFEFE;margin:0in 0in .0001pt;text-align:justify;"><font size="2" face="Arial" style="font-size:10.5pt;">HCP,&nbsp;Inc. is a fully integrated real estate investment trust (REIT) that invests primarily in real estate serving the healthcare industry in the United States.&#160; HCP&#146;s portfolio of assets is diversified among five distinct sectors: senior housing, post-acute/skilled nursing, life science, medical office and hospital.&#160; A publicly traded company since 1985, HCP: (i)&nbsp;was the first healthcare REIT selected to the S&amp;P 500 index; (ii)&nbsp;has increased its dividend per share for 31 consecutive years; (iii)&nbsp;was the first REIT included in the S&amp;P 500 Dividend Aristocrats index; and (iv)&nbsp;is recognized as a global leader in sustainability as a member of the Dow Jones and FTSE4Good sustainability indices, as well as the recipient in three of the past four years of both of the GRESB Global Healthcare Sector Leader and the NAREIT Healthcare Leader in the Light Award.&#160; For more information regarding HCP, visit </font><u><font size="2" color="blue" face="Arial" style="color:blue;font-size:10.5pt;">www.hcpi.com</font></u><font size="2" face="Arial" style="font-size:10.5pt;">.</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<p style="background:#FEFEFE;margin:0in 0in .0001pt;"><b><font size="2" face="Arial" style="font-size:10.5pt;font-weight:bold;">CONTACT</font></b></p>
<p style="margin:0in 0in .0001pt;"><font size="1" face="Arial" style="font-size:5.0pt;">&nbsp;</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.5pt;">John Lu</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.5pt;">Executive Vice President &#150; Corporate Finance and Investments</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.5pt;">(949) 407-0400</font></p>
<p style="margin:0in 0in .0001pt;"><font size="2" face="Arial" style="font-size:10.0pt;">&nbsp;</font></p>
<div style="margin:0in 0in .0001pt;"><hr size="3" width="100%" noshade align="left" style="color:#010101;"></div>
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