SEC Form 4 · accession 0001209191-15-022161
U S PHYSICAL THERAPY INC /NV · USPH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrance W McAfee
Officer — Chief Financial Officer · Director
Period of report
Mar 2, 2015
Accepted (ET)
Mar 4, 2015 · 3:28 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000885978
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| common stockF1,F2 | Mar 2, 2015 | A | 20,000 | $0.00 | A | 65,852 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Grant of 20000 restricted shares under the 2003 Plan as amended, restated and adopted with a four year quarterly vesting schedule as to the lapses of restrictions thereof with 1/16 equal portions (1250 shares) vesting quarterly with the next 1/16 vesting on April 1, 2015 and thereafter equal 1/16 portions on April 1, July 1, October 1 and January 1 each year with the final 1250 shares on January 1, 2019.
- F2Includes 20000 restricted shares above and includes 24,208 restricted shares granted under the Company's equity plans for which restrictions have not lapsed. Restrictions lapse as to 962 on each of March 31, 2015, June 30, 2015, September 30, 2015; 970 on December 31, 2015; 2087 on each of April 1, 2015, July 1, 2015, October 1, 2015, January 1, 2016, April 1, 2016, July 1, 2016, October 1, 2016, January 1, 2017; 937 on each of April 1, 2017, July 1, 2017, October 1, 2017; and 945 shares on January 1, 2018.