Adam G. Mabry - Feb 2, 2023 Form 4 Insider Report for HEALTHPEAK PROPERTIES, INC. (PEAK)

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PEAK	Common Stock	Award	$0	+10.9K	+59.89%	$0.00	29K	Feb 2, 2023	Direct	F1, F2
transaction	PEAK	Common Stock	Award	$0	+32.6K	+112.36%	$0.00	61.6K	Feb 2, 2023	Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	Represents performance-based restricted stock units previously granted to the reporting person by the Company on October 26, 2022. 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 February 2, 2023 (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 performance-based restricted stock units previously granted to the reporting person by the Company on October 26, 2022. The performance conditions applicable to the award were determined to have been satisfied by the Compensation Committee on the Determination Date, resulting in one-fifth (1/5) of the shares subject to the award vesting on each of the second, third, fourth, fifth and sixth anniversaries of the grant date, subject to the reporting person's continued employment with the Company through the applicable vesting date.