SEC Form 4 · accession 0001574540-18-000034
Physicians Realty Trust · DOC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Del Mar Deeni Taylor
Officer — EVP - Investments
Period of report
Mar 2, 2018
Accepted (ET)
Mar 6, 2018 · 4:31 pm 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,F2 | Mar 2, 2018 | A | 28,802 | $14.78 | A | 99,164 | D | |
| Common shares, $0.01 par value | Mar 5, 2018 | F | 7,646 | $14.94 | D | 91,518 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2018 Performance Based Restricted Share Unit GrantF3 | — | Mar 2, 2018 | A | 38,403 | A | — | — | Common shares, $0.01 par value | 38,403 | 38,403 | D |
Explanation of responses
- F1Represents restricted common shares granted under the Issuer's 2013 Equity Incentive Plan (the "Plan"), which will vest on March 2, 2019, subject to the terms of the grant.
- F2Reduced by 26,869 previously reported common shares, $0.01 par value reported on March 7, 2017. Shares issued upon vesting depends upon, among other things, the Issuer's financial performance. Subject to continued service, the shares, if any, will be issued following the performance period end date of December 31, 2019 and reported in a subsequent Form 4. Further, this amount includes 1,334 shares acquired under the Issuer's Employee Stock Purchase Plan on June 30, 2017.
- F3March 2, 2018 grant of performance share units under the Plan, which represents the "target" number of shares underlying the performance share units. The exact number of shares to be issued upon vesting depends upon, among other things, the Issuer's financial performance. Subject to continued service, the shares, if any, will be issued following the performance period end date of December 31, 2020.