Richard Binstein - 20 Feb 2023 Form 4 Insider Report for U S PHYSICAL THERAPY INC /NV (USPH)

Role: EVP Gen'l Counsel & Secretary
Signature: /s/ Richard S Binstein
Issuer symbol: USPH
Transactions as of: 20 Feb 2023
Net transactions value: $0
Form type: 4
Filing time: 23 Feb 2023, 15:31:55 UTC
Previous filing: 08 Nov 2022
Next filing: 03 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	USPH	Common Stock	Award	$0	+3,750	+53%	$0.000000	10,817	20 Feb 2023	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	The 3,750 shares of common stock were granted as restricted stock pursuant to the Company's Amended and Restated 2003 Stock Incentive Plan. Restrictions lapse in 16 quarterly installments with 234 shares vesting on the first day of each of the succeeding fifteen quarters beginning on April 1, 2023, and with the final 240 shares vesting on January 1, 2027, if he is employed by the Company on those dates.
F2	Includes 9,906 shares which were granted as restricted stock pursuant to the Company's Amended and Restated 2003 Stock Incentive Plan. Restrictions lapse as to 968 shares on each of April 1, 2023, July 1, 2023, October 1, 2023, and January 1, 2024; 733 shares on each of April 1, 2024, July 1, 2024, and October 1, 2024; 734 shares on January 1, 2025; 539 shares on each of April 1, 2025, July 1, 2025 and October 1, 2025; 542 shares on January 1, 2026; and 234 shares on each of April 1, 2026, July 1, 2026 and October 1, 2026; with the final 240 shares on January 1, 2027, if he is an employee of the Company on those dates.

Content

The 3,750 shares of common stock were granted as restricted stock pursuant to the Company's Amended and Restated 2003 Stock Incentive Plan. Restrictions lapse in 16 quarterly installments with 234 shares vesting on the first day of each of the succeeding fifteen quarters beginning on April 1, 2023, and with the final 240 shares vesting on January 1, 2027, if he is employed by the Company on those dates.

Includes 9,906 shares which were granted as restricted stock pursuant to the Company's Amended and Restated 2003 Stock Incentive Plan. Restrictions lapse as to 968 shares on each of April 1, 2023, July 1, 2023, October 1, 2023, and January 1, 2024; 733 shares on each of April 1, 2024, July 1, 2024, and October 1, 2024; 734 shares on January 1, 2025; 539 shares on each of April 1, 2025, July 1, 2025 and October 1, 2025; 542 shares on January 1, 2026; and 234 shares on each of April 1, 2026, July 1, 2026 and October 1, 2026; with the final 240 shares on January 1, 2027, if he is an employee of the Company on those dates.