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

Role: Co-Chief Operations Officer
Signature: /s/ Eric Joseph Williams
Stock symbol: USPH
Transactions as of: Mar 11, 2022
Transactions value $: $0
Form type: 4
Date filed: 3/15/2022, 10:04 AM
Previous filing: Aug 18, 2021
Next filing: Mar 16, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	USPH	Common Stock	Award	$0	+5K	+100.93%	$0.00	9.95K	Mar 11, 2022	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	The 5,000 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 312 shares on April 1, 2022 and thereafter with 312 shares on April 1, July 1, October 1 and January 1 of each year with the final 320 shares lapsing on January 1, 2026, if he is employed by the Company on those dates.
F2	Includes the 5,000 shares in Footnote 1 and includes 3,898 shares which restrictions lapse as to 278 shares on April 1, 2022 and thereafter on January 1, April 1, July 1 and October 1 of each year with the final 284 shares restrictions lapsing on July 1, 2025.

Content

The 5,000 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 312 shares on April 1, 2022 and thereafter with 312 shares on April 1, July 1, October 1 and January 1 of each year with the final 320 shares lapsing on January 1, 2026, if he is employed by the Company on those dates.

Includes the 5,000 shares in Footnote 1 and includes 3,898 shares which restrictions lapse as to 278 shares on April 1, 2022 and thereafter on January 1, April 1, July 1 and October 1 of each year with the final 284 shares restrictions lapsing on July 1, 2025.