Albert Black Jr. - 31 Dec 2021 Form 4 Insider Report for Physicians Realty Trust

Role: Director
Signature: /s/ Christopher M. Bartoli, as attorney-in-fact
Issuer symbol: N/A
Transactions as of: 31 Dec 2021
Net transactions value: $0
Form type: 4
Filing time: 03 Jan 2022, 16:25:17 UTC
Next filing: 03 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DOC	Common shares, $0.01 par value	Options Exercise		+5,618	+9%		68,221	31 Dec 2021	Direct	F1
holding	DOC	Common shares, $0.01 par value						1,267	31 Dec 2021	Represents shares held by the Black Family Capital Trust
holding	DOC	Common shares, $0.01 par value						14,948	31 Dec 2021	Represents shares held by the Reporting Person's spouse.

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	DOC	2021 Restricted Share Unit Grant	Options Exercise	$0	-5,618	-100%	$0.000000^*	0	31 Dec 2021	Common shares, $0.01 par value	5,618		Direct	F2
transaction	DOC	2022 Restricted Share Unit Retainer Grant	Award	$0	+5,643		$0.000000	5,643	01 Jan 2022	Common shares, $0.01 par value	5,643		Direct	F3

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

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents the right to receive one share of the Issuer's common shares.
F2	On January 1, 2021, the Reporting Person was granted 5,618 restricted stock units in lieu of his annual cash retainer, which vested on December 31, 2021, subject to the terms of the grant. Each restricted stock unit represents the right to receive one share of the Issuer's common shares.
F3	On January 1, 2022, the Reporting Person was granted 5,643 restricted stock units in lieu of his annual cash retainer. These units vest on December 31, 2022, subject to the terms of the grant. Each restricted stock unit represents the right to receive one share of the Issuer's common shares.