Graham Reeve - Mar 11, 2022 Form 4 Insider Report for U S PHYSICAL THERAPY INC /NV (USPH)

Role: COO
Signature: Graham D Reeve
Stock symbol: USPH
Transactions as of: Mar 11, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/15/2022, 10:00 AM
Previous filing: Mar 2, 2022
Next filing: Aug 10, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	USPH	Common Stock	Award	$0	+10K	+97.04%	$0.00	20.3K	Mar 11, 2022	Direct	F1, F2
holding	USPH	Common Stock						7.64K	Mar 11, 2022	Reeve Trust

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The 10,000 shares of common stock were granted as restricted stock pursuant to the Company Amended and Restated 2003 Stock Incentive Plan. Restrictions lapse in 15 equal quarterly installments with the first 624 shares on April 1, 2022 and thereafter with 624 shares on April 1, July 1, October 1 and January 1 of each year with the final 640 shares lapsing on January 1, 2026, if he is employed by the Company on those dates.
F2	Includes the 10,000 shares in Footnote 1 and includes 10,305 shares which restrictions lapse as to 1,433 on each of April 1, July 1 and October 1, 2022; 1,448 shares on January 1, 2023; 788 shares on each of April 1, July 1 and October 1, 2023; 794 shares on January 1, 2024; and 350 shares on each of April 1, July 1 and October 1, 2024 and January 1, 2025, if he is employed by the Company on those dates. Also includes 7,639 shares held in a trust in which Mr. Reeve is trustee and beneficiary.

Content

The 10,000 shares of common stock were granted as restricted stock pursuant to the Company Amended and Restated 2003 Stock Incentive Plan. Restrictions lapse in 15 equal quarterly installments with the first 624 shares on April 1, 2022 and thereafter with 624 shares on April 1, July 1, October 1 and January 1 of each year with the final 640 shares lapsing on January 1, 2026, if he is employed by the Company on those dates.

Includes the 10,000 shares in Footnote 1 and includes 10,305 shares which restrictions lapse as to 1,433 on each of April 1, July 1 and October 1, 2022; 1,448 shares on January 1, 2023; 788 shares on each of April 1, July 1 and October 1, 2023; 794 shares on January 1, 2024; and 350 shares on each of April 1, July 1 and October 1, 2024 and January 1, 2025, if he is employed by the Company on those dates. Also includes 7,639 shares held in a trust in which Mr. Reeve is trustee and beneficiary.