Healthpeak (DOC) CDO granted 30,596 performance-based LTIP units
Rhea-AI Filing Summary
Healthpeak Properties, Inc. reported that officer Scott R. Bohn, CDO and Head of Lab, was granted a total of 30,596 LTIP Units on January 28, 2026. The grants consist of 2,396 earned performance-based LTIP Units from an award granted on February 15, 2023 and 28,200 earned performance-based LTIP Units from an award granted on February 7, 2025.
These LTIP Units are designed as profits interests in Healthpeak OP, LLC and have no expiration date. Once capital account and vesting conditions are met, they can convert into OP Units, which are redeemable for cash equal to one share of Common Stock or convertible into Common Stock on a one-for-one basis. The 2023-related units vested in full on January 28, 2026, while the 2025-related units vest in three equal annual installments, subject to continued employment.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | LTIP Units | 2,396 | $0.00 | -- |
| Grant/Award | LTIP Units | 28,200 | $0.00 | -- |
Footnotes (1)
- Represents a class of units of membership interests in Healthpeak OP, LLC, a Maryland limited liability company ("Healthpeak OP"), the operating subsidiary of the Issuer, designated as LTIP Units ("LTIP Units") intended to qualify as profits interests for U.S. federal income tax purposes. LTIP Units do not have an expiration date. Upon achieving equivalent capital account balance per unit and any applicable vesting conditions, the LTIP Units are convertible at the election of the holder into common unit membership interests in Healthpeak OP (the "OP Units"). The OP Units are redeemable, at the election of the holder, for cash equal to the fair market value of one share of the Issuer's Common Stock or, at the option of Healthpeak OP, convertible to shares of the Issuer's Common Stock on a one-for-one basis, and have no expiration date. Represents earned performance-based LTIP Units previously granted to the reporting person on February 15, 2023. The performance conditions applicable to the performance-based LTIP Units were determined to have been satisfied by the Issuer's Compensation and Human Capital Committee (the "Committee") on January 28, 2026 (the "Determination Date"), resulting in the earned LTIP Units shown vesting in full on the Determination Date. Represents earned performance-based LTIP Units previously granted to the reporting person on February 7, 2025. The performance condition applicable to this award was determined to have been satisfied by the Committee on the Determination Date, resulting in the LTIP Units shown being earned. These LTIP Units vest in one-third (1/3) increments on each of the first, second and third anniversaries of the grant date, subject to the reporting person's continued employment through the applicable vesting date.