HCP's Chief Technology Officer just disposed of 3,166 shares

Armon Dadgar, HCP's Chief Technology Officer and a director of the company, recently disposed of 3,166 shares of the company. The disposals took place at prices ranging from $0.00 to $30.32 per share, on dates ranging from September 20 to September 22, 2022. Dadgar still owns 8,384 shares of the company. Dadgar operates out of San Francisco, CA. Some additional info was provided as follows:


Each restricted stock unit, or RSU, represents a contingent right to receive one share of Issuer Class A Common Stock.
Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
The reported shares were sold to satisfy the reporting person's tax obligations in connection with the vesting of RSUs.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.19 to $30.15, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (4), (5) and (7) through (9) to this Form 4.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.22 to $30.44, inclusive.
The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 21, 2022.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.87 to $27.79, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.87 to $28.34, inclusive.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.93 to $28.98, inclusive.
The remaining RSUs vest in fourteen equal quarterly installments beginning on December 20, 2022.
Each RSU represents a contingent right to receive one share of Issuer Class B Common Stock.
The remaining RSUs vest in nine equal quarterly installments beginning on December 20, 2022.
The remaining RSUs vest in five quarterly installments beginning on September 20, 2022.
The shares are held of record by the Armon Dadgar 2020 Charitable Trust.
The shares are held of record by the Armon Memaran-Dadgar Living Trust for which the reporting person serves as trustee.
The shares are held of record by Black Swan III, LLC which the reporting person controls.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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