Company: HPP
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001482512-25-000043
Chunk: 121

Company: Hudson Pacific Properties, Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 8
Chunk 121
---
.

(c)    Purchases of Equity Securities by the Issuer and Affiliated Purchasers: None.

The following table summarizes the repurchases of the Company equity securities during the first quarter of 2025:

PeriodTotal Number of Shares PurchasedAverage Price Paid Per ShareTotal Shares Purchased as Part of Publicly Announced Plans or Programs(1)Maximum That May Yet Be Purchased Under The Plans or Programs(2)January 1 - January 31, 202564,672 (3)$3.00 (4)— $35,250,164 February 1 - February 28, 2025— $— — $35,250,164 March 1 - March 31, 2025— $— — $35,250,164 TOTAL64,672 $3.00 — 

__________________ 

1.Our board of directors authorized a share repurchase program to buy up to $250.0 million of the outstanding common stock of Hudson Pacific Properties, Inc. The program does not have a termination date, and repurchases may commence or be discontinued at any time. A cumulative total of $214.7 million had been repurchased under the program as of March 31, 2025.

2.The maximum that may yet be purchased under the plans or programs is shown net of repurchases.

3.Includes shares of common stock remitted to Hudson Pacific Properties, Inc. to satisfy tax withholding obligations in connection with the vesting of restricted stock units.

4.The price paid per share is based on the closing price of our common stock, as reported by the NYSE, as of the date of vesting of the restricted stock units.

ITEM 3.    DEFAULTS UPON SENIOR SECURITIES

None.

58

ITEM 4.    MINE SAFETY DISCLOSURES

None. 

ITEM 5.    OTHER INFORMATION

During the three months ended March 31, 2025, none of our officers or directors adopted or terminated any contract, instruction or written plan for the purchase or sale of our securities that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) or any “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of Regulation S-K.

59

ITEM 6.    EXHIBITS

Incorporated by ReferenceExhibit No.DescriptionForm