LONG BEACH, CA — Flaherty James F Iii sold 417,620 shares of Hcp, Inc stock, or $16,786,222 worth, as noted in an SEC Filing today. As reported in the filing, the transactions occurred between February 16, 2012 - February 17, 2012.

After the transaction, Flaherty James F Iii's stake was reported as 1,077,480 shares of Hcp, Inc stock (a 27% decrease from before the transaction took place). In addition, Flaherty James F Iii performed several other transactions, including using transaction codes 'M' (exercise, usually of options). Flaherty James F Iii's title was listed as "Director President & CEO" at Hcp, Inc within the filing.

As noted on February 21, 2012, Flaherty James F Iii's sale was done directly over 4 transactions from February 16, 2012 to February 17, 2012. The share price ranged from $40.04 to $40.25 according to the regulatory filing detailing the transactions.

If we look over the past 12 months, Flaherty James F Iii has sold a total of 1,201,690 shares of Hcp, Inc, proceeds from the sale totaled $47,977,261. Over the same time period, Flaherty James F Iii has purchased no shares of Hcp, Inc stock. Flaherty James F Iii has also performed other transactions including grants or awards , payment of tax liabilites , gifts , and exercise of options .

Let's take a quick, high-level look at insider trading at Hcp, Inc over the past 12 months. A total of 2,253,224 shares of Hcp, Inc stock was sold by insiders, totaling $88,911,757. Over the same time 12 month time period, 3,300 shares of Hcp, Inc, for a total value of $97,738 were purchased by company insiders.

In addition to Flaherty James F Iii's role with Hcp, Inc, Flaherty James F Iii has affiliations with 1 other company. Flaherty James F Iii's affiliations include Hcp, Inc, Quest Diagnostics Inc .

To view the complete SEC Filing: Hcp, Inc 4 (Insider Trading) SEC Filing