<SEC-DOCUMENT>0001193125-17-014759.txt : 20170123
<SEC-HEADER>0001193125-17-014759.hdr.sgml : 20170123
<ACCEPTANCE-DATETIME>20170123090155
ACCESSION NUMBER:		0001193125-17-014759
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20170120
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:		20170123
DATE AS OF CHANGE:		20170123

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:		17539931

	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>d300027d8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML><HEAD>
<TITLE>Form 8-K</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P> <P STYLE="margin-top:4pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>UNITED STATES </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>SECURITIES AND EXCHANGE COMMISSION </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Washington, D.C. 20549 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:18pt; font-family:Times New Roman" ALIGN="center"><B>FORM <FONT
STYLE="white-space:nowrap">8-K</FONT> </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>CURRENT
REPORT </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Pursuant to Section&nbsp;13 or 15(d) </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>of the Securities Exchange Act of 1934 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>January&nbsp;23, 2017 (January 20, 2017) </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:12pt; font-family:Times New Roman" ALIGN="center"><B>Date of Report (Date of earliest event reported) </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:24pt; font-family:Times New Roman" ALIGN="center"><B>HCP, Inc.
</B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(Exact name of registrant as specified in its charter) </B></P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center> <P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>


<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" ALIGN="center"><B>Maryland</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B><FONT STYLE="white-space:nowrap">001-08895</FONT></B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"><B><FONT STYLE="white-space:nowrap">33-0091377</FONT></B></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="top" ALIGN="center"><B>(State of Incorporation)</B></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Commission</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>File Number)</B></P></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(IRS Employer</B></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>Identification Number)</B></P></TD></TR>
</TABLE> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>1920 Main Street, Suite&nbsp;1200 </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Irvine, CA 92614 </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Address
of principal executive offices) (Zip Code) </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>(949) <FONT STYLE="white-space:nowrap">407-0700</FONT> </B></P>
<P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Registrant&#146;s telephone number, including area code) </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>N/A </B></P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>(Former Name or
Former Address, if Changed Since Last Report) </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><center>
<P STYLE="line-height:6.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1.00pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Check the appropriate box below
if the Form <FONT STYLE="white-space:nowrap">8-K</FONT> filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: </P>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">&#9744;</TD>
<TD ALIGN="left" VALIGN="top">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">&#9744;</TD>
<TD ALIGN="left" VALIGN="top">Soliciting material pursuant to Rule <FONT STYLE="white-space:nowrap">14a-12</FONT> under the Exchange Act (17 CFR <FONT STYLE="white-space:nowrap">240.14a-12)</FONT> </TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">&#9744;</TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="white-space:nowrap">Pre-commencement</FONT> communications pursuant to Rule <FONT STYLE="white-space:nowrap">14d-2(b)</FONT> under the Exchange Act (17 CFR
<FONT STYLE="white-space:nowrap">240.14d-2(b))</FONT> </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">&#9744;</TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="white-space:nowrap">Pre-commencement</FONT> communications pursuant to Rule <FONT STYLE="white-space:nowrap">13e-4(c)</FONT> under the Exchange Act (17 CFR
<FONT STYLE="white-space:nowrap">240.13e-4(c))</FONT> </TD></TR></TABLE> <P STYLE="font-size:10pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P> <P STYLE="line-height:1.0pt;margin-top:0pt;margin-bottom:0pt;border-bottom:1px solid #000000">&nbsp;</P>
<P STYLE="line-height:3.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000">&nbsp;</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="10%" VALIGN="top" ALIGN="left"><B>Item&nbsp;5.02</B></TD>
<TD ALIGN="left" VALIGN="top"><B>Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. </B></TD></TR></TABLE>
<P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><B>(c)</B></TD>
<TD ALIGN="left" VALIGN="top"><B>Appointment of Certain Officers </B></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:2%; font-size:10pt; font-family:Times New Roman"><I>Election of Executive Vice President and Chief
Financial Officer </I></P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">On January&nbsp;23, 2017, HCP, Inc., a Maryland corporation (&#147;HCP&#148;), announced that its
Board of Directors (the &#147;Board&#148;) elected Peter A. Scott, 37, to serve as Executive Vice President and Chief Financial Officer, effective February&nbsp;13, 2017. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">Mr.&nbsp;Scott has served as a Managing Director, Real Estate Banking Group of Barclays, a financial services firm listed on the London Stock
Exchange, since May 2014. His experience also includes various positions of increasing responsibility during his time at Credit Suisse, a financial services firm, from September 2011 to May 2014, Barclays from September 2008 to September 2011 and
Lehman Brothers, a financial services firm, from July 2002 to September 2008. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">The material terms of Mr.&nbsp;Scott&#146;s compensation
are summarized as follows: </P> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><I>Base Salary and Bonus</I>. Mr.&nbsp;Scott will receive an annual base salary of $550,000, subject to annual review. He will also be eligible for an annual bonus with a target amount of $700,000. The actual amount of
the annual bonus will be determined by the Compensation Committee of the Board (the &#147;Compensation Committee&#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. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><I><FONT STYLE="white-space:nowrap">One-Time</FONT> Make-Whole Bonus</I>. In connection with his hiring, Mr.&nbsp;Scott will receive a <FONT STYLE="white-space:nowrap">one-time</FONT> make-whole bonus (a
&#147;Make-Whole Bonus&#148;) of $650,000. If he voluntarily terminates his employment within 12 months of his start date, he will be required to reimburse HCP a <FONT STYLE="white-space:nowrap">pro-rated</FONT> amount of his Make-Whole Bonus.
</TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><I><FONT STYLE="white-space:nowrap">One-Time</FONT> Make-Whole Equity Award</I>. In connection with his hiring, Mr.&nbsp;Scott will receive a <FONT STYLE="white-space:nowrap">one-time</FONT> grant of restricted stock
units with an aggregate grant date fair value of $1,000,000 (the &#147;Initial Equity Award&#148;). The Initial Equity Award is subject to a three-year annual vesting schedule following the grant date based on Mr.&nbsp;Scott&#146;s continuing
employment on the applicable vesting date. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><I>Long-Term Equity Award Target</I>. Mr.&nbsp;Scott will be eligible for an annual equity award with a target aggregate grant date fair value of $1,150,000 (the &#147;Annual Equity Award&#148;). The Annual Equity Award
will be subject to approval by the Compensation Committee, with the same vesting criteria and other terms and conditions applicable to other senior executives generally under HCP&#146;s annual long-term incentive plan, as determined by the
Compensation Committee. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><I>Severance Terms</I>. Mr.&nbsp;Scott will be eligible to participate in both HCP&#146;s Executive Severance Plan (&#147;Severance Plan&#148;) and HCP&#146;s Executive Change in Control Severance Plan (&#147;CIC
Plan&#148;). The material terms of the Severance Plan are described under Part II, Item 5 (Other Information) in HCP&#146;s Quarterly Report on Form <FONT STYLE="white-space:nowrap">10-Q,</FONT> filed with the Securities and Exchange Commission
(&#147;SEC&#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 II, Item 5 (Other Information) in HCP&#146;s Quarterly Report on Form <FONT STYLE="white-space:nowrap">10-Q,</FONT> filed with the SEC on May&nbsp;9, 2016, as applicable, and are incorporated herein by
reference. </TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="9%">&nbsp;</TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left">&#149;</TD>
<TD WIDTH="1%" VALIGN="top">&nbsp;</TD>
<TD ALIGN="left" VALIGN="top"><I>Other Benefits</I>. Mr.&nbsp;Scott 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. HCP will
also reimburse him for up to $85,000 of relocation and travel expenses. If he voluntarily terminates his employment within 12 months of his start date, he will be required to reimburse HCP for any relocation and travel reimbursement paid to him.
</TD></TR></TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">2 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">There are no family relationships involving Mr.&nbsp;Scott that would require disclosure under
Item 401(d)&nbsp;of Regulation <FONT STYLE="white-space:nowrap">S-K.&nbsp;There</FONT> 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 <FONT STYLE="white-space:nowrap">S-K.</FONT> </P> <P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="10%" VALIGN="top" ALIGN="left"><B>Item&nbsp;7.01</B></TD>
<TD ALIGN="left" VALIGN="top"><B>Regulation FD Disclosure. </B></TD></TR></TABLE> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">On January&nbsp;23, 2017, HCP issued a press
release announcing Mr.&nbsp;Scott&#146;s election as Executive Vice President and Chief Financial Officer, as noted in Item 5.02 above. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated into this Item 7.01 by
reference. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; margin-left:4%; text-indent:4%; font-size:10pt; font-family:Times New Roman">The information set forth in this Item 7.01 and the related information in Exhibit 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;Exchange Act&#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. </P>
<P STYLE="font-size:18pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="10%" VALIGN="top" ALIGN="left"><B>Item&nbsp;9.01</B></TD>
<TD ALIGN="left" VALIGN="top"><B>Financial Statements and Exhibits. </B></TD></TR></TABLE> <P STYLE="font-size:6pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left">(d)</TD>
<TD ALIGN="left" VALIGN="top"><U>Exhibits</U>. </TD></TR></TABLE> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" ALIGN="center">


<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="94%"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" NOWRAP> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; width:11.80pt; font-size:8pt; font-family:Times New Roman"><B>No.</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; width:39.50pt; font-size:8pt; font-family:Times New Roman"><B>Description</B></P></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>99.1</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Press Release, dated January&nbsp;23, 2017.</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">3 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>SIGNATURES </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">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. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Date: January&nbsp;23, 2017 </P>
<P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P><DIV ALIGN="right">
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:10pt">


<TR>
<TD WIDTH="6%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="92%"></TD></TR>


<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" COLSPAN="3"> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>HCP, Inc.</B> <I></I></P>
<P STYLE="margin-top:0pt; margin-bottom:1pt; font-size:10pt; font-family:Times New Roman"><I>(Registrant)</I></P></TD></TR>
<TR STYLE="font-size:1pt">
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top">By:</TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top"> <P STYLE="margin-top:0pt; margin-bottom:1pt; border-bottom:1px solid #000000; font-size:10pt; font-family:Times New Roman"><I>/s/ Troy E. McHenry</I></P></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Troy E. McHenry</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Executive Vice President, General Counsel and</TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top"></TD>
<TD VALIGN="bottom">&nbsp;</TD>
<TD VALIGN="top">Corporate Secretary</TD></TR>
</TABLE></DIV>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">4 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>EXHIBIT INDEX </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE; font-family:Times New Roman; font-size:8pt" ALIGN="center">


<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="94%"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:8pt">
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; width:11.80pt; font-size:8pt; font-family:Times New Roman" ALIGN="center"><B>No.</B></P></TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="bottom" NOWRAP> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; border-bottom:1.00pt solid #000000; width:39.50pt; font-size:8pt; font-family:Times New Roman"><B>Description</B></P></TD></TR>


<TR STYLE="font-size:1pt">
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR STYLE="font-family:Times New Roman; font-size:10pt">
<TD VALIGN="top" NOWRAP>99.1</TD>
<TD VALIGN="bottom">&nbsp;&nbsp;</TD>
<TD VALIGN="top">Press Release, dated January&nbsp;23, 2017.</TD></TR>
</TABLE>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">5 </P>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>d300027dex991.htm
<DESCRIPTION>EX-99.1
<TEXT>
<HTML><HEAD>
<TITLE>EX-99.1</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">

 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 99.1 </B></P> <P STYLE="font-size:12pt;margin-top:0pt;margin-bottom:0pt">&nbsp;</P>
<P STYLE="margin-top:0pt;margin-bottom:0pt">


<IMG SRC="g300027ex991pg01.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Peter Scott to Join HCP as Executive Vice President and Chief Financial Officer </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">IRVINE, Calif., Jan. 23, 2017 /PRNewswire/ &#151; HCP (NYSE:HCP)<B> </B>today announced that Peter Scott will join the company as Executive Vice President and
CFO, effective February&nbsp;13, 2017. Mr.&nbsp;Scott succeeds Tom Herzog who was appointed Chief Executive Officer in January 2017. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">&#147;On behalf of
our Board, Executive Chairman Mike McKee and the rest of the management team, I am excited to welcome Pete to HCP, &#148; said Tom Herzog, the CEO of HCP. &#147;We know Pete well. We have worked closely with him and have consistently been impressed
with his work ethic, insights and analytical skills. His deep health care real estate, capital markets and transaction experience are highly complementary to the executive team we have assembled.&#148; </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">&#147;I am greatly looking forward to joining HCP,&#148; said Mr.&nbsp;Scott. &#147;Having worked extensively with Mike, Tom and the rest of the leadership
team, I saw firsthand the exceptional quality of HCP&#146;s professionals. I believe the company is well positioned to create value for all its stakeholders. I am excited to leverage my experience to help the company achieve its near and long-term
goals.&#148; </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Mr.&nbsp;Scott joins HCP following a <FONT STYLE="white-space:nowrap">15-year</FONT> career in real estate investment banking. He currently
serves as a Managing Director in the Real Estate Banking group at Barclays, where he has spent the majority of his career. Mr.&nbsp;Scott also has held investment banking positions with Credit Suisse and Lehman Brothers. He graduated with a Bachelor
of Science from the Wharton School at the University of Pennsylvania. He has provided advisory and capital markets expertise to clients across the real estate industry, with a focus on the health care REIT sector, including HCP. Most recently he
advised HCP on the <FONT STYLE="white-space:nowrap">spin-off</FONT> of its skilled nursing assets to Quality Care Properties. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>About HCP </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">HCP, Inc. is a fully integrated real estate investment trust (REIT) that invests primarily in real estate serving the healthcare industry in the United States.
HCP owns a large-scale portfolio diversified across multiple sectors, led by senior housing, life science and medical office. Recognized as a global leader in sustainability, HCP has been a publicly-traded company since 1985 and was the first
healthcare REIT selected to the S&amp;P 500 index. For more information regarding HCP, visit www.hcpi.com. </P> <P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"><B>Contact </B></P>
<P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Andrew Johns </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">Vice President &#150; Finance and Investor
Relations </P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">(949) <FONT STYLE="white-space:nowrap">407-0400</FONT> </P>
 <p STYLE="margin-top:0pt;margin-bottom:0pt ; font-size:8pt">&nbsp;</P> <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center">1 </P>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>g300027ex991pg01.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g300027ex991pg01.jpg
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M;7!M971A/B \/WAP86-K970@96YD/2)R(C\^_^T 2%!H;W1O<VAO<" S+C
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M_\0 MP   @(# 0$             !P@ !@,%"00* 0$  04! 0
M     0(#! 4'!@@0   & 0,!!0,'!PT       $" P0%!@< $0@3(1(B%!4Q
M%A=!@;$R,R0847$C-"57">%#TW2TU29VEK8G.)@1  $"!0(# P@&! \
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M^:3M.G1G 3,4TD8:/C++5(7NKLI ,TA&=CK,<Q8S+PVW<1;-'" @!QV\1B@
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3,:G3/F#OGP'=I/ZHSOL]O"/_V0$!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
