SEC Form 4 · accession 0001209191-16-119404
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
May 10, 2016
Accepted (ET)
May 12, 2016 · 11:33 am EDT
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 | May 10, 2016 | S | 15,000 | $57.82 | D | 101,877 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $57.75- $57.97, both inclusive. The reporting person undertakes to provide to U.S. Physical Therapy, Inc., any of its shareholders or the staff of the Securities & Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
- F2Includes 68,825 shares of restricted stock granted under the Company's equity plans. Restrictions lapse as to 8095 shares on July 1, 2016, October 1, 2016, January 1, 2017; 5795 on each of April 1, 2017, July 1, 2017, October 1, 2017 and January 1, 2018; 3920 on each of April 1, 2018, July 1, 2018, October 1, 2018 and January 1, 2019; and 1420 on each of April 1, 2019, July 1, 2019, October 1, 2019 and January 1, 2020.