Shawn G. Johnston - Jan 27, 2022 Form 4 Insider Report for HEALTHPEAK PROPERTIES, INC. (PEAK)

Role
EVP and CAO
Signature
Scott A. Graziano, SVP, Legal (Attorney-In-Fact)
Stock symbol
PEAK
Transactions as of
Jan 27, 2022
Transactions value $
-$231,070
Form type
4
Date filed
1/31/2022, 05:03 PM
Next filing
Feb 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PEAK Common Stock Award $0 +5.82K +20.15% $0.00 34.7K Jan 27, 2022 Direct F1, F2
transaction PEAK Common Stock Award $0 +10.4K +29.9% $0.00 45.1K Jan 27, 2022 Direct F2, F3
transaction PEAK Common Stock Award $0 +2.24K +4.98% $0.00 47.3K Jan 27, 2022 Direct F2, F3
transaction PEAK Common Stock Tax liability -$231K -6.66K -14.07% $34.69 40.7K Jan 27, 2022 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance-based restricted stock units previously granted to the reporting person by the Company on February 12, 2021. The performance conditions applicable to the award were determined to have been satisfied by the Company's Compensation and Human Capital Committee (the "Compensation Committee") on January 27, 2022 (the "Determination Date"), resulting in one-third (1/3) of the shares subject to the award vesting on each of the first, second and third anniversaries of the grant date, subject to the reporting person's continued employment with the Company through the applicable vesting date.
F2 Each restricted stock unit represents the right to receive one share of common stock, subject to the applicable vesting schedule.
F3 Represents the number of performance-based restricted stock units previously granted to the reporting person by the Company on February 15, 2019. The performance conditions applicable to the award were determined to have been satisfied by the Company's Compensation Committee on the Determination Date, resulting in the award vesting in full on the Determination Date.
F4 This forfeiture of shares to satisfy applicable tax withholding does not constitute a sale transaction. Pursuant to the award agreements, shares are required to be forfeited to satisfy applicable tax withholding in connection with the vesting of restricted stock units granted on February 15, 2019.