<SEC-DOCUMENT>0001628280-17-008987.txt : 20170830
<SEC-HEADER>0001628280-17-008987.hdr.sgml : 20170830
<ACCEPTANCE-DATETIME>20170830083218
ACCESSION NUMBER:		0001628280-17-008987
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20170829
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:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20170830
DATE AS OF CHANGE:		20170830

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:		171059302

	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>form8-k083017.htm
<DESCRIPTION>8-K
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd">
<html>
	<head>
		<!-- Document created using Wdesk 1 -->
		<!-- Copyright 2017 Workiva -->
		<title>Document</title>
	</head>
	<body style="font-family:Times New Roman;font-size:10pt;">
<div><a name="sf24c1279c0204ef6b95383a15eaefe35"></a></div><div style="line-height:120%;text-align:center;font-size:18pt;"><font style="font-family:inherit;font-size:18pt;font-weight:bold;">UNITED STATES </font></div><div style="line-height:120%;text-align:center;font-size:18pt;"><font style="font-family:inherit;font-size:18pt;font-weight:bold;">SECURITIES AND EXCHANGE COMMISSION </font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Washington, D.C. 20549 </font></div><div style="line-height:120%;text-align:left;font-size:7.5pt;"><font style="font-family:inherit;font-size:7.5pt;">&#160;</font></div><div style="line-height:120%;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:7.5pt;"><font style="font-family:inherit;font-size:7.5pt;">&#160;</font></div><div style="line-height:120%;text-align:center;font-size:18pt;"><font style="font-family:inherit;font-size:18pt;font-weight:bold;">FORM 8-K </font></div><div style="line-height:120%;text-align:left;font-size:7.5pt;"><font style="font-family:inherit;font-size:7.5pt;">&#160;</font></div><div style="line-height:120%;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:7.5pt;"><font style="font-family:inherit;font-size:7.5pt;">&#160;</font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">CURRENT REPORT </font></div><div style="line-height:120%;text-align:center;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;font-weight:bold;">Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 </font></div><div style="line-height:120%;text-align:left;font-size:7.5pt;"><font style="font-family:inherit;font-size:7.5pt;">&#160;</font></div><div style="line-height:120%;padding-top:14px;text-align:center;padding-left:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">August 30, 2017 (August 29, 2017)</font></div><div style="line-height:120%;text-align:center;font-size:7.5pt;"><font style="font-family:inherit;font-size:7.5pt;font-weight:bold;">Date of Report (Date of earliest event reported) </font></div><div style="line-height:120%;text-align:left;font-size:7.5pt;"><font style="font-family:inherit;font-size:7.5pt;">&#160;</font></div><div style="line-height:120%;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:7.5pt;"><font style="font-family:inherit;font-size:7.5pt;">&#160;</font></div><div style="line-height:120%;text-align:center;font-size:20pt;"><font style="font-family:inherit;font-size:20pt;font-weight:bold;">HCP, Inc. </font></div><div style="line-height:120%;text-align:center;font-size:7.5pt;"><font style="font-family:inherit;font-size:7.5pt;font-weight:bold;">(Exact name of registrant as specified in its charter) </font></div><div style="line-height:120%;text-align:left;font-size:7.5pt;"><font style="font-family:inherit;font-size:7.5pt;">&#160;</font></div><div style="line-height:120%;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:7.5pt;"><font style="font-family:inherit;font-size:7.5pt;">&#160;</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5"></td></tr><tr><td style="width:34%;"></td><td style="width:1%;"></td><td style="width:32%;"></td><td style="width:1%;"></td><td style="width:32%;"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Maryland</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">001-08895</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">33-0091377</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7.5pt;"><font style="font-family:inherit;font-size:7.5pt;font-weight:bold;">(State of Incorporation)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7.5pt;"><font style="font-family:inherit;font-size:7.5pt;font-weight:bold;">(Commission File Number)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:7.5pt;"><font style="font-family:inherit;font-size:7.5pt;font-weight:bold;">(IRS Employer Identification Number)</font></div></td></tr></table></div></div><div style="line-height:120%;text-align:left;font-size:7.5pt;"><font style="font-family:inherit;font-size:7.5pt;">&#160;</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">1920 Main Street, Suite&#160;1200</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Irvine, CA 92614</font></div><div style="line-height:120%;text-align:center;font-size:7.5pt;"><font style="font-family:inherit;font-size:7.5pt;font-weight:bold;">(Address of principal executive offices) (Zip Code) </font></div><div style="line-height:120%;text-align:left;font-size:7.5pt;"><font style="font-family:inherit;font-size:7.5pt;">&#160;</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">(949) 407-0700</font></div><div style="line-height:120%;text-align:center;font-size:7.5pt;"><font style="font-family:inherit;font-size:7.5pt;font-weight:bold;">(Registrant&#8217;s telephone number, including area code) </font></div><div style="line-height:120%;text-align:left;font-size:7.5pt;"><font style="font-family:inherit;font-size:7.5pt;">&#160;</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">N/A</font></div><div style="line-height:120%;text-align:center;font-size:7.5pt;"><font style="font-family:inherit;font-size:7.5pt;font-weight:bold;">(Former Name or Former Address, if Changed Since Last Report) </font></div><div style="line-height:120%;text-align:left;font-size:7.5pt;"><font style="font-family:inherit;font-size:7.5pt;">&#160;</font></div><div style="line-height:120%;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:7.5pt;"><font style="font-family:inherit;font-size:7.5pt;">&#160;</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: </font></div><div style="line-height:120%;text-align:left;font-size:7.5pt;"><font style="font-family:inherit;font-size:7.5pt;">&#160;</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:95.18518518518519%;border-collapse:collapse;text-align:left;"><tr><td colspan="2"></td></tr><tr><td style="width:4%;"></td><td style="width:96%;"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:Wingdings;font-size:10pt;">&#168;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font></div></td></tr></table></div></div><div style="line-height:120%;text-align:left;font-size:7.5pt;"><font style="font-family:inherit;font-size:7.5pt;"><br></font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="2"></td></tr><tr><td style="width:4%;"></td><td style="width:96%;"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:Wingdings;font-size:10pt;">&#168;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></div></td></tr></table></div></div><div style="line-height:120%;text-align:left;font-size:7.5pt;"><font style="font-family:inherit;font-size:7.5pt;">&#160;</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="2"></td></tr><tr><td style="width:4%;"></td><td style="width:96%;"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:Wingdings;font-size:10pt;">&#168;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</font></div></td></tr></table></div></div><div style="line-height:120%;text-align:left;font-size:7.5pt;"><font style="font-family:inherit;font-size:7.5pt;">&#160;</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="2"></td></tr><tr><td style="width:4%;"></td><td style="width:96%;"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:Wingdings;font-size:10pt;">&#168;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></div></td></tr></table></div></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter). Emerging growth company &#9744;</font></div><div style="line-height:144%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:144%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. &#9744;</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">&#160;</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div><br></div><hr style="page-break-after:always"><div><a name="s1D6D848D0150359DE3A53005D88B2B8A"></a></div><div><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div></div><div><br></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Item 5.02&#160;&#160;&#160;&#160;Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers;</font></div><div style="line-height:120%;text-align:left;padding-left:96px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Compensatory Arrangements of Certain Officers.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">(c) &#160;&#160;&#160;&#160;Appointment of Certain Officers</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;padding-top:8px;text-align:left;padding-left:16px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Election of Executive Vice President and Chief Operating Officer </font></div><div style="line-height:120%;padding-top:8px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On August 30, 2017, HCP, Inc., a Maryland corporation (&#8220;HCP&#8221;), announced that its Board of Directors (the &#8220;Board&#8221;) appointed Thomas M. Klaritch, 59, to serve as Executive Vice President and Chief Operating Officer, effective August 29, 2017.  In this role, Mr. Klaritch will oversee HCP&#8217;s office platform, with the life science and medical office businesses reporting to him.</font></div><div style="line-height:120%;padding-top:16px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Mr.&#160;Klaritch has served as HCP&#8217;s Senior Managing Director</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">&#32;&#8211; </font><font style="font-family:inherit;font-size:10pt;">Medical Office Properties since April 2008.  He previously served as Senior Vice President</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">&#32;&#8211; </font><font style="font-family:inherit;font-size:10pt;">Medical Office Properties from October 2003 to April 2008.  Prior to joining HCP, Mr. Klaritch was a founding member and Chief Financial Officer of MedCap Properties LLC, a company that owned, operated and developed healthcare real estate.  He has 34 years of operational and financial management experience in the medical office and hospital sectors.  Mr. Klaritch is a Fellow in the Healthcare Financial Management Association and serves on the Board of Directors of the University City District of Philadelphia, Pennsylvania.  He is also a certified public accountant.</font></div><div style="line-height:120%;padding-top:16px;text-align:left;text-indent:48px;font-size:11pt;"><font style="font-family:inherit;font-size:10pt;">In connection with Mr. Klaritch&#8217;s promotion, his annual base salary has increased to $600,000, effective immediately.  Commencing with the annual bonus payable to HCP&#8217;s senior executives for 2017, the target amount of Mr. Klaritch&#8217;s annual bonus will increase to $900,000.  The actual amount of the annual bonus will be determined by the Compensation Committee of the Board (the &#8220;Compensation Committee&#8221;), based on achievement of the same performance targets and other terms and conditions currently applicable to Mr. Klaritch and HCP&#8217;s other senior executives generally under HCP&#8217;s 2017 Short</font><font style="font-family:inherit;font-size:11pt;">&#32;- </font><font style="font-family:inherit;font-size:10pt;">Term Incentive Plan.  In addition, beginning with the next annual equity award to be granted to HCP&#8217;s senior executives, the target aggregate grant date fair value of the annual equity award Mr. Klaritch will be eligible to receive will increase to $1,500,000 (the &#8220;Annual Equity Award&#8221;).  The Annual Equity Award will be subject to approval by the Compensation Committee, with vesting criteria and other terms and conditions applicable to other senior executives generally under HCP&#8217;s 2017 Long</font><font style="font-family:inherit;font-size:11pt;">&#32;- </font><font style="font-family:inherit;font-size:10pt;">Term Incentive Plan.  All other terms of Mr.&#160;Klaritch&#8217;s compensation, as previously disclosed in HCP&#8217;s definitive proxy statement filed with the U.S. Securities and Exchange Commission on March 16, 2017, will remain unchanged.</font></div><div style="line-height:120%;padding-top:16px;text-align:left;text-indent:33px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">There are no family relationships involving Mr.&#160;Klaritch that would require disclosure under Item 401(d)&#160;of Regulation S-K.&#160;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)&#160;of Regulation S-K.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Item 7.01&#160; &#160;&#160;&#160;&#160;Regulation FD Disclosure.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On August 30, 2017, HCP issued a press release announcing changes to its executive leadership team.&#160; The text of the press release is furnished herewith as Exhibit&#160;99.1 and is incorporated by reference herein.</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">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 18 of the Securities Exchange Act of 1934, as amended (the &#8220;Exchange Act&#8221;), 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></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div><br></div><div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2</font></div></div><hr style="page-break-after:always"><div><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div></div><div><br></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:96px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:10pt;padding-left:0px;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Item 8.01</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Other Events.</font></div></td></tr></table><div style="line-height:120%;padding-top:16px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Resignation of Senior Managing Director &#8211; Life Science Properties</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Jonathan M. Bergschneider, HCP&#8217;s Senior Managing Director</font><font style="font-family:inherit;font-size:10pt;font-style:italic;">&#32;&#8211; </font><font style="font-family:inherit;font-size:10pt;">Life Science Properties, has resigned.  Mr. Bergschneider has informed HCP that he will be joining BioMed Realty Trust as their Chief Development Officer.</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">.  </font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Item 9.01&#160;&#160;&#160;&#160;Financial Statements and Exhibits.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(d)&#160;&#160;&#160;&#160;</font><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Exhibits</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;padding-left:54px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:75.55555555555556%;border-collapse:collapse;text-align:left;"><tr><td colspan="3"></td></tr><tr><td style="width:11%;"></td><td style="width:1%;"></td><td style="width:88%;"></td></tr><tr><td style="vertical-align:top;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">No.</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="padding-bottom:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Description</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="padding-bottom:8px;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">99.1</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="padding-bottom:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Press Release dated August 30, 2017.</font></div></td></tr></table></div></div><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:7.5pt;"><font style="font-family:inherit;font-size:7.5pt;">&#160;</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div><br></div><div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3</font></div></div><hr style="page-break-after:always"><div><a name="s13B71442FB4A10A30D9F3005D8BB55DB"></a></div><div><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div></div><div><br></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">SIGNATURES </font></div><div style="line-height:120%;text-align:left;font-size:7.5pt;"><font style="font-family:inherit;font-size:7.5pt;">&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">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></div><div style="line-height:120%;text-align:left;font-size:7.5pt;"><font style="font-family:inherit;font-size:7.5pt;">&#160;</font></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5"></td></tr><tr><td style="width:54%;"></td><td style="width:1%;"></td><td style="width:6%;"></td><td style="width:1%;"></td><td style="width:38%;"></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Date: August 30, 2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">HCP, Inc.</font></div><div style="font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">(Registrant)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">By:</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">/s/ Troy E. McHenry</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Troy E. McHenry</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Executive Vice President, General Counsel and</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Corporate Secretary</font></div></td></tr></table></div></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div><br></div><div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4</font></div></div><hr style="page-break-after:always"><div><div style="line-height:120%;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div></div><div><br></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">EXHIBIT INDEX</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="line-height:120%;padding-left:30px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:73.33333333333333%;border-collapse:collapse;text-align:left;"><tr><td colspan="2"></td></tr><tr><td style="width:10%;"></td><td style="width:90%;"></td></tr><tr><td style="vertical-align:top;border-bottom:1px solid #00000a;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">No.</font></div></td><td style="vertical-align:top;border-bottom:1px solid #00000a;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="padding-bottom:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Description</font></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="padding-bottom:8px;text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">99.1</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="padding-bottom:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Press Release dated August 30, 2017.</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:40px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="padding-bottom:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div><div style="padding-bottom:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr></table></div></div><div style="line-height:120%;padding-top:16px;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:120%;padding-top:16px;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div><br></div><div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5</font></div></div>	</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exhibit991pressrelease0830.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd">
<html>
	<head>
		<!-- Document created using Wdesk 1 -->
		<!-- Copyright 2017 Workiva -->
		<title>Exhibit</title>
	</head>
	<body style="font-family:Times New Roman;font-size:10pt;">
<div><a name="sD1151EB725CEC6E2315D3004057D90FF"></a></div><div><div style="line-height:138%;padding-bottom:13px;text-align:left;"><img src="hcppressreleasehcpann_image1.jpg" alt="hcppressreleasehcpann_image1.jpg" style="height:62px;width:98px;"></div></div><div><br></div><div style="line-height:120%;padding-top:8px;text-align:center;font-size:13pt;"><font style="font-family:inherit;font-size:13pt;font-weight:bold;">HCP Announces Changes to Executive Leadership Team</font></div><div style="line-height:120%;padding-top:8px;text-align:center;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-style:italic;">Tom Klaritch Promoted to Chief Operating Officer</font></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-align:center;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-style:italic;">Doug Pasquale to Serve as Senior Advisor</font></div><div style="line-height:120%;text-align:center;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-style:italic;">Jon Bergschneider has Resigned as SMD &#8211; Life Science</font></div><div style="line-height:120%;padding-bottom:8px;text-align:center;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">IRVINE, Calif., August 30, 2017 /PRNewswire/ -- HCP, Inc. (NYSE: HCP) today announced a new organizational structure and several updates to its executive leadership team.  These changes support HCP&#8217;s continued execution of its strategic plan and initiatives to further maximize growth and innovation across its three core sectors of senior housing, life science and medical office.</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">Tom Klaritch, who currently serves as Senior Managing Director &#8211; Medical Office, has been promoted to Chief Operating Officer (COO), effective immediately, and will report to Tom Herzog, HCP&#8217;s President and CEO.  Mr. Klaritch will oversee HCP&#8217;s streamlined office platform with the life science and medical office businesses reporting to him, and will work closely with the respective teams to continue to advance the competitive performance and growth of this platform.  He is an 18-year Company veteran with 34 years of operational and financial management experience in the medical office and hospital sectors.  Mr. Klaritch has also overseen certain asset management, planning and budgeting responsibilities in our life science portfolio since 2007.  Prior to joining HCP, he was a founding member of MedCap Properties LLC, a company that owned, operated and developed healthcare real estate.</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">HCP also announced that Doug Pasquale will serve the Company as a Senior Advisor to the executive team and will also work closely with the senior housing team led by Senior Managing Director, Kendall Young.  Mr. Pasquale previously was Chairman and CEO of Nationwide Health Properties, Inc., and also served as President and CEO of Atria Senior Living Group and its predecessor company, ARV Assisted Living, Inc. In 2012, Mr. Pasquale was inducted into the Stifel Nicolaus Senior Housing &amp; Healthcare Real Estate Hall of Fame.</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">Additionally, Jon Bergschneider, HCP&#8217;s Senior Managing Director &#8211; Life Science, has resigned.  Mr. Bergschneider has informed the Company that he will be joining BioMed Realty Trust as their Chief Development Officer.  </font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">Mr. Herzog stated, &#8220;We want to take this opportunity to congratulate Tom Klaritch on his promotion to COO.  The ability to promote such a talented and experienced executive from within the Company to lead the strategic direction of our office platform demonstrates the depth of our organization.&#8221; </font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">&#8220;In addition, we are very pleased to welcome Doug Pasquale as a Senior Advisor to our executive team,&#8221; continued Mr. Herzog.  &#8220;Doug brings a tremendous amount of experience as a highly accomplished healthcare real estate and senior housing professional.&#8221;  </font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">&#8220;We would also like to thank Jon for his significant contributions during his time at HCP, and we wish him the best in his new role,&#8221; said Mr. Herzog.</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:120%;text-align:center;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">* * * * *</font></div><div><br></div><div><div style="line-height:138%;padding-bottom:13px;text-align:center;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">1</font></div></div><hr style="page-break-after:always"><div><div style="line-height:138%;padding-bottom:13px;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;"><br></font></div><div style="line-height:138%;padding-bottom:13px;text-align:left;font-size:12pt;"><font style="font-family:inherit;font-size:12pt;">&#160;</font></div></div><div><br></div><div style="line-height:120%;text-align:center;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">About HCP</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">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 </font><font style="font-family:inherit;font-size:11pt;color:#0000ff;text-decoration:underline;">www.hcpi.com</font><font style="font-family:inherit;font-size:11pt;">.</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Forward-Looking Statements</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">Statements in this release that are not historical factual statements are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.&#160; These statements include, among other things, statements relating to the appointment of Tom Klaritch as COO and Doug Pasquale as Senior Advisor, as well as the resignation of Jon Bergschneider.  All forward-looking statements are made as of the date hereof, are not guarantees of future performance and are subject to known and unknown risks, uncertainties, assumptions and other factors &#8212; many of which are out of our and our management's control and difficult to forecast &#8212; that could cause actual results to differ materially from those set forth in or implied by such forward-looking statements.&#160; These risks and uncertainties include but are not limited to the aforementioned statements, as well as risks described from time to time in our filings with the U.S. Securities and Exchange Commission.&#160; You should not place undue reliance on any forward-looking statements.&#160; We assume no, and hereby disclaim any, obligation to update any forward-looking statements as a result of new information or new or future developments, except as otherwise required by law.</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Contact</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">Andrew Johns</font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">Vice President &#8211; Finance and Investor Relations </font></div><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">(949) 407-0400</font></div><div style="line-height:120%;text-align:center;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;"><br></font></div><div><br></div><div><div style="line-height:138%;padding-bottom:13px;text-align:center;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">2</font></div></div>	</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>hcppressreleasehcpann_image1.jpg
<TEXT>
begin 644 hcppressreleasehcpann_image1.jpg
M_]C_X  02D9)1@ ! 0$ W #<  #_VP!#  (! 0(! 0(" @(" @(" P4# P,#
M P8$! ,%!P8'!P<&!P<("0L)" @*" <'"@T*"@L,# P,!PD.#PT,#@L,# S_
MVP!# 0(" @,# P8# P8," <(# P,# P,# P,# P,# P,# P,# P,# P,# P,
M# P,# P,# P,# P,# P,# P,# P,# S_P  1" ## 3,# 2(  A$! Q$!_\0
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M$VW_ *+6NPK"6YO'8****0PHHHH **** "BBB@ HHHH **** "BBB@ HHHH
M****  =**!THH **** "BBB@ K\Y/V[?^3R;S_?LO_04K]&Z_.3]NW_D\F\_
MW[+_ -!2M:.YE5V1^C,?^K7Z4ZFQ_P"K7Z4ZLC4**** "BBB@ HHHH ****
M"OAG_@J[_P E*\+?]@U__1IK[FKX9_X*N_\ )2O"W_8-?_T::TH_$9U/A/K;
M]GS_ )(9X1_[!-M_Z+6NPKC_ -GS_DAGA'_L$VW_ *+6NPJ);EQV"BBBD,**
M** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ '2BOGN/_@I;\-63Y?[>
M(]K'_P"RIW_#ROX;C_H8/_ #_P"RJN278GVD>Y]!45\^_P##RSX;_P#4?_\
M #_[*C_AY9\-_P#J8/\ P _^RHY6'/$^@J*^?1_P4L^&_P#U,'_@ ?\ XJC_
M (>6?#?_ *C_ /X ?_94<DNP<\3Z"K\Y/V[?^3R;S_?LO_04KZ9_X>5_#?\
MZF#_ , /_LJ^/_VH?BSI/Q7_ &B;CQ+I/VK^S96MB/.B\N3Y H;Y<^QK2E%I
MF=22:T/U C/[M?I3J^?4_P""E/PW"+_R'^!_SX?_ &5:G@C]OWP#X_\ &&FZ
M'8G61?:K.MO!YMGL7<>F3GBL^278T4D>W4445)04444 %%%% !1110 5\,_\
M%7?^2E>%O^P:_P#Z--?<U?#/_!5W_DI7A;_L&O\ ^C36E'XC.I\)];?L^?\
M)#/"/_8)MO\ T6M=A7'_ +/G_)#/"/\ V";;_P!%K785$MRX[!1112&%%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110!\U_P#!,C2;6]_9RF>:UMYF
M_M:<;GC#'&V/UKZ(_P"$>T__ )\;/_ORO^%?/_\ P2__ .3;IO\ L+W'_H,=
M?1E74^)D4_A13_X1[3_^?&S_ ._*_P"%'_"/:?\ \^-G_P!^5_PJY14%E/\
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M-75.?W+_ #.+^TJ?9_<?J_FOSD_;L_Y/)O/]^R_]!2O._P#AYC\9O^AEA_\
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M%?'O_!9+_DB7AK_L,_\ M%Z^PJ^/?^"R7_)$O#7_ &&?_:+U\GQI_P B6O\
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MHK?(JDMQNYX!XK]*ZXW]HG_D@OC+_L"W?_HEJX\PK/ZK4_PO\B)TURL_)?\
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M?\.I_A!_T#=8_P#!E)7TA11_JOE/_0/'[@^KTOY4?-__  ZG^$'_ $#=8_\
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M2E*5[N[[LRPN%I3I*4EJ?$?_  Y=T?\ Z'C5?_ &/_XJC_AR[H__ $/&J_\
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M<"I,5]ADWA_@\'66)Q,G5FNKVOZ=?F==' P@^:6K!>E%%%??6.X!THH'2B@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH *_.7_@LK_R6WPK_ -@9O_1S
M5^C5?G+_ ,%EO^2W>%?^P*W_ *.:OA/$;7)9^L?S.+,/X+.V_P""+O\ R _'
M/_7Q;?\ H+U]R5\-_P#!%T_\2/QU_P!?%M_Z"]?<E=G G_(DH^C_ #9>!_@Q
M"BB@C-?7G4?FM_P6)_Y.1T7_ +%^+_THGKUO_@C)_P DK\8?]A6/_P!%"O)/
M^"Q'_)R.B_\ 8OQ?^E$]>M_\$9O^25^,/^PK'_Z)%?BN6?\ ):5/67Y'C4O]
M]?S/LZO/?VI/@C;_ +0GP2UKPS(L8N+J+S+*1Q_J;A/FC;/;G@^Q->A T=:_
M8\5AX5Z4J-17C)6?S/7E%25F?ASJ6G:Q\+_&TEO<1W.E:WH=WAE;*R6TT;<$
M?1AD$<="*_4K]B;]MC1_VEO!]O8WEQ%8^,+")4O+20A?M../-B_O*<9('*D^
MF"<+]N;_ ()_6?[1\3^(/#[0:;XP@BVDN2L.I*O19,?=8= ^/8\ 8_.3QGX!
M\6? 7QDMMJ]CJGAW6+5M\,AW1-D?Q1N.#]5-?AU..8\)8Z4E%SH2^YKIZ-'B
M_O,).]KQ9^V@.117Y<_"W_@JE\3/A_ID-GJ,NG^)H(>%DOXBLY7T+IC=]6!/
MJ37H4?\ P6@UL0X;P3I9D]1?.%_+;7WF'\1LFJ1O.3B^S3_0[HYA1>[/T$H!
MK\U_%_\ P6!^(&LVTD>E:3H.CLP($FQ[AD]QN(&?J"*^D/\ @F-^T5JWQZ^%
M&N+XBU.;5/$&DZFQGEE"JQAE4-'@* H&1(H   VUW97QIE^88Q8/#7;:;O:R
MT-*>,IU)\D3Z8K\W?^"R'_)P7AW_ +%]/_2B>OTBS7YN_P#!9'_DX/PY_P!B
M^G_I1/7'XC?\B6?K'\R,P_@,](_X(N_\B1XX_P"PA;_^BC7VU7Q+_P $7O\
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05-)1204445Z!04444 ?_V0$!

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