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): May 3, 1999 HEALTH CARE PROPERTY INVESTORS, INC. ------------------------------------ (Exact name of registrant as specified in its charter) Maryland 1-8895 33-0091377 -------- ------ ---------- (State or Other (Commission File Number) (I.R.S. Employer Jurisdiction of Identification No.) Incorporation) 4675 MacArthur Court, 9th Floor, Newport Beach, California 92660 ----------------------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) (949) 221-0600 -------------- (Registrant's telephone number, including area code) Item 5. Other Events. ------------ COMMON STOCK OFFERING On June 18, 1998, Health Care Property Investors, Inc. (the "Company") filed with the Securities and Exchange Commission (the "Commission") a registration statement on Form S-3 (File No. 333-57163) (the "Registration Statement"), relating to the registration under the Securities Act of 1933, as amended, of up to $600,000,000 aggregate offering price of common stock, par value $1.00 per share, preferred stock, par value $1.00 per share, and/or unsecured debt securities of the Company, which Registration Statement was declared effective on June 30, 1998. On April 27, 1999, the Company entered into a purchase agreement (the "Purchase Agreement") with Merrill Lynch & Co., Merrill Lynch, Pierce, Fenner & Smith Incorporated, as underwriter, pursuant to which the Company agreed to issue and sell up to 1,000,000 shares of common stock, par value $1.00 per share, of the Company (the "Common Stock"). Each of the Purchase Agreement, an opinion with respect to the legality of the Common Stock and an opinion with respect to tax matters of the Common Stock is attached hereto as an Exhibit. Item 7. Financial Statements and Exhibits. --------------------------------- (c) Exhibits. 1.1 Purchase Agreement, dated April 27, 1999, between the Company and Merrill Lynch & Co., Merrill Lynch, Pierce, Fenner & Smith Incorporated. 5.1 Opinion of Ballard, Spahr, Andrews & Ingersoll, LLP regarding legality of the Common Stock. 8.1 Opinion regarding tax matters of the Common Stock. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereto duly authorized. Dated: May 13, 1999 HEALTH CARE PROPERTY INVESTORS, INC. By: /s/ Edward J. Henning ----------------------------------------- Name: Edward J. Henning Title: Senior Vice President, General Counsel and Corporate Secretary EXHIBIT INDEX 1.1 Purchase Agreement, dated April 27, 1999, between the Company and Merrill Lynch & Co., Merrill Lynch, Pierce, Fenner & Smith Incorporated. 5.1 Opinion of Ballard, Spahr, Andrews & Ingersoll, LLP regarding legality of the Common Stock. 8.1 Opinion regarding tax matters of the Common Stock.