Company: HPP
Filing Date: 2025-05-16
Form Type: 8-K
Source: 0001482512-25-000046
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Company: Hudson Pacific Properties, Inc.
Filing Date: 2025-05-16
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 May 14, 2025, Hudson Pacific Properties, Inc. (the “ Company”) held its 2025 annual meeting of stockholders (the “ Annual Meeting”). At the Annual Meeting, the Company’s stockholders approved the Amended and Restated Hudson Pacific Properties, Inc. and Hudson Pacific Properties, L. P. 2010 Incentive Award Plan (the “ Amended and Restated 2010 Plan”). The Amended and Restated 2010 Plan was adopted by the Company’s Board of Directors (the “ Board”) on April 22, 2025, subject to approval by the Company’s stockholders, and became effective on the date of the Annual Meeting.

The Amended and Restated 2010 Plan makes the following material changes to the Amended and Restated Hudson Pacific Properties, Inc. and Hudson Pacific Properties, L. P. 2010 Incentive Award Plan, as amended and restated on February 15, 2024:

(i) Increases the number of shares of common stock available for issuance under the Amended and Restated 2010 Plan by 7,259,450 shares, and increases the number of shares which may be granted as incentive stock options under the Amended and Restated 2010 Plan by 7,259,450 shares; and

(ii) Extends the right to grant awards under the Amended and Restated 2010 Plan through April 22, 2035.

The terms and conditions of the Amended and Restated 2010 Plan are described in the section entitled “ Proposal No. 2 - Approval of Amended and Restated 2010 Incentive Award Plan” in the Company’s Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on April 23, 2025. The foregoing description of the Amended and Restated 2010 Plan does not purport to be complete and is qualified in its entirety by reference to the complete text of the Amended and Restated 2010 Plan, which is filed as Exhibit 10.1 hereto and is incorporated herein by reference.

Item 5.07 Submission of Matters to a Vote of Security Holders.