SEC Form 4 · accession 0001209191-15-001839
Physicians Realty Trust · DOC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Sweet
Officer — Executive Vice President & CIO
Period of report
Jan 2, 2015
Accepted (ET)
Jan 6, 2015 · 11:55 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001574540
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common shares, $0.01 par valueF1 | Jan 2, 2015 | M | 2,770 | — | A | 76,456 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common units of partnership interestF1,F2 | — | Jan 2, 2015 | M | 2,770 | D | — | — | Common Shares | 2,770 | 0 | D |
Explanation of responses
- F1Pursuant to the terms of the First Amended and Restated Agreement of Limited Partnership of Physicians Realty L.P., a Delaware limited partnership (the "Operating Partnership"), dated July 24, 2013, the reporting person exercised his redemption right and in connection therewith, the issuer purchased 2,770 common units of partnership interest in the Operating Partnership ("OP Units") in exchange for 2,770 common shares.
- F2Pursuant to the Partnership Agreement, the limited partners, other than the issuer, have redemption rights, to cause the Operating Partnership to redeem their OP Units in exchange for cash or, at the issuer's option, for common shares on a one-for-one basis, generally commencing one year from the date of issuance of such OP units. The OP Units had no expiration date.