SEC Form 4 · accession 0001209191-15-022301
U S PHYSICAL THERAPY INC /NV · USPH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher J Reading
Officer — Chief Executive Officer · Director
Period of report
Mar 2, 2015
Accepted (ET)
Mar 4, 2015 · 4:52 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 | 40,000 | $0.00 | A | 144,157 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Grant of 40,000 restricted shares under the 2003 Plan as amended, restated and adopted with a four year quarterly vesting schedule as to the lapse of restrictions thereof with 1/16 equal portions (2,500 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 until all such shares shall have vested, which shall be January 1, 2019.
- F2Includes above 40000 restricted shares and includes 46, 684 shares of common stock which were granted as restricted stock under the company's equity plans for which restrictions have not lapsed. Restrictions lapse as to 1,443 shares on each of March 31, 2015, June 30, 2015, September 30, 2015 and 1455 on December 31, 2015; 4175 shares on each of January 1, April 1, July 1, and October 1, of each year beginning April 1, 2015 and ending January 1, 2017; and 1875 shares on each of April 1, 2017, July 1, 2017, October 1, 2017 and January 1, 2018.