Company: HPP
Filing Date: 2025-06-18
Form Type: 8-K
Source: 0001482512-25-000106
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Company: Hudson Pacific Properties, Inc.
Filing Date: 2025-06-18
Form: 8-K
Item: Item 5.02
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 17, 2025, as previously announced, the Company’s Chief Executive Officer, Victor Coleman, President, Mark Lammas and Chief Financial Officer, Harout Diramerian, forfeited their 2024 performance unit equity awards. This will result in $14.3 million of total general and administrative savings, approximately $4.9 million of which will be realized in 2025, with the remaining savings occurring over the next three years.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized.

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  HUDSON PACIFIC PROPERTIES, INC.                                                             
  By:                                   /s/ Mark T. Lammas                                    
                                        Mark T. Lammas                                        
                                        President                                             
  HUDSON PACIFIC PROPERTIES, L. P.                                                            
  By:                                   Hudson Pacific Properties, Inc., Its General Partner  
  By:                                   /s/ Mark T. Lammas                                    
                                        Mark T. Lammas                                        
                                        President