UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) September 18, 2007
Health Care REIT, Inc.
(Exact name of registrant as specified in its charter)
| | | | | |
Delaware
(State or other jurisdiction
of incorporation) | | 1-8923
(Commission
File Number) | | 34-1096634
(IRS Employer
Identification No.) |
| | | | | |
One SeaGate, Suite 1500, Toledo, Ohio
(Address of principal executive offices) | | | | 43604
(Zip Code) |
Registrant’s telephone number, including area code (419) 247-2800
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01Other Events.
Effective October 23, 2000, the Securities and Exchange Commission (the “SEC”) adopted new rules related to insider trading. One of these rules, Rule 10b5-1 of the Securities Exchange Act of 1934, as amended (the “1934 Act”), provides an exemption to the insider trading rules in the form of an affirmative defense. Rule 10b5-1 recognizes the creation of formal programs under which executives and other insiders may sell the securities of publicly traded companies on a regular basis pursuant to written plans that are entered into at a time when the plan participants are not aware of material non-public information and that otherwise comply with the requirements of Rule 10b5-1.
On January 28, 2003, the Board of Directors of Health Care REIT, Inc. (the “Company”) adopted a resolution modifying its insider trading policy to allow insiders to sell securities of the Company pursuant to pre-arranged trading plans.
On June 20, 2007, Fred S. Klipsch, Vice Chairman of the Company, entered into a plan pursuant to which he instructed his broker to sell up to 24,000 shares of the Company’s common stock during the period between July 11, 2007 and December 31, 2007. Under Mr. Klipsch’s plan, 8,000 shares were to be sold on the eleventh calendar day of each month, not including any unsold shares that might be carried over from a previous month. Effective September 19, 2007, Mr. Klipsch modified his plan to allow the 24,000 shares to be sold at any time during the remaining period of the plan.
Reports of the details of actual sales under the plan will be filed by Mr. Klipsch on Form 4 in accordance with SEC regulations.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant had duly caused this Report to be signed on its behalf by the undersigned thereunto duly authorized.
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| | | HEALTH CARE REIT, INC. |
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| | | By: | | /s/ GEORGE L. CHAPMAN |
| | | | | |
| | | George L. Chapman |
| | | Its: | | Chairman of the Board and
Chief Executive Officer |
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| Dated: September 19, 2007 | | | | |
