Iii F James Flaherty

Insider Trading: Sales

Company	Symbol	Price	Amount	Relationship	Remaining Holdings	Date	Form 4
Hcp Inc.	HCP	$38.52	9,400	Officer, Director, Other	1,060,902	2011-12-13	Filing
Hcp Inc.	HCP	$38.08	9,400	Officer, Director, Other	1,075,302	2011-11-15	Filing
Hcp Inc.	HCP	$38.30	9,400	Officer, Director, Other	1,084,702	2011-11-14	Filing
Hcp Inc.	HCP	$35.19	9,400	Officer, Director, Other	1,094,102	2011-10-06	Filing
Hcp Inc.	HCP	$34.45	9,400	Officer, Director, Other	1,103,502	2011-10-05	Filing
Hcp Inc.	HCP	$36.59	9,400	Officer, Director, Other	1,112,902	2011-09-08	Filing
Hcp Inc.	HCP	$36.39	9,400	Officer, Director, Other	1,122,302	2011-09-07	Filing
Hcp Inc.	HCP	$34.40	9,400	Officer, Director, Other	1,131,702	2011-08-02	Filing
Hcp Inc.	HCP	$34.73	9,400	Officer, Director, Other	1,141,102	2011-08-01	Filing
Hcp Inc.	HCP	$37.60	9,400	Officer, Director, Other	1,150,502	2011-07-13	Filing
Hcp Inc.	HCP	$37.76	9,400	Officer, Director, Other	1,159,902	2011-07-12	Filing
Hcp Inc.	HCP	$37.70	2,400	Officer, Director, Other	0	2011-06-01	Filing
Hcp Inc.	HCP	$37.15	18,367	Officer, Director, Other	0	2011-06-01	Filing
Hcp Inc.	HCP	$37.15	32,413	Officer, Director, Other	0	2011-06-01	Filing
Hcp Inc.	HCP	$37.15	18,090	Officer, Director, Other	1,169,302	2011-06-01	Filing
Hcp Inc.	HCP	$31.80	300,000	Officer, Director	748,450	2009-12-02	Filing