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Hudson Pacific Properties, Inc. Director's Dealing 2016

May 20, 2016

31648_dirs_2016-05-20_ebb15dd3-8d5d-4c1a-a9c1-9c716d5149cb.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Hudson Pacific Properties, Inc. (HPP)
CIK: 0001482512
Period of Report: 2016-05-18

Reporting Person: FRIED RICHARD B (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2016-05-18 Common Stock, par value $0.01 per share A 3256 Acquired 20559 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock, par value $0.01 per share 3136467 Indirect

Footnotes

F1: On May 18, 2016, Richard B. Fried ("Fried") was awarded 3,256 shares of the Issuer's restricted stock that will vest in three equal installments on the first, second and third anniversaries of the date of grant.

F2: The amount of securities shown in this row is owned directly by Farallon Capital Partners, L.P., Farallon Capital Institutional Partners, L.P. and Farallon Capital Institutional Partners III, L.P. (collectively, the "Farallon Funds"). All of such securities were previously reported by Fried on a Form 4 filed on May 18, 2016.

F3: Farallon Partners, L.L.C. ("FPLLC") is the general partner of each of the Farallon Funds. FPLLC disclaims any beneficial ownership of any of the Issuer's securities reported or referred to herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "'34 Act"), or otherwise, except as to securities representing its pro rata interest in, and interest in the profits of, the Farallon Funds.

F4: Fried is a managing member of FPLLC. Fried disclaims any beneficial ownership of any of the Issuer's securities owned by the Farallon Funds for purposes of Section 16 of the '34 Act or otherwise, except to the extent of his pecuniary interest, if any.

F5: Fried, the Farallon Funds and FPLLC may be deemed members of a group holding equity securities of the Issuer. The filing of this Form 4 and any statements included herein shall not be deemed to be an admission that such persons are members of such a group.