Mark D. Theine - Feb 22, 2022 Form 4 Insider Report for Physicians Realty Trust (DOC)

Role: EVP - Asset Management
Signature: /s/ Christopher M. Bartoli, as attorney-in-fact
Stock symbol: DOC
Transactions as of: Feb 22, 2022
Transactions value $: -$342,936
Form type: 4
Date filed: 2/23/2022, 03:27 PM
Next filing: Mar 3, 2022

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	$0	+42.4K	+32.52%	$0.00	173K	Feb 22, 2022	Direct	F1, F2
transaction	DOC	Common shares, $0.01 par value	Tax liability	-$343K	-20.1K	-11.62%	$17.07	153K	Feb 22, 2022	Direct

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	2019 Performance Based Restricted Share Unit Grant	Options Exercise	$0	-26.8K	-100%	$0.00^*	0	Feb 22, 2022	Common shares, $0.01 par value	26.8K		Direct	F3

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

Explanation of Responses:

Id	Content
F1	Represents vesting of the 2019 Performance Based Restricted Share Units granted on March 1, 2019 under the Issuer's Equity Incentive Plan (the "Plan"). Subject to the terms of the grant, the Reporting Person received 42,441 common shares upon vesting.
F2	Includes 1,445 shares and 42 shares acquired under the Issuer's Employee Stock Purchase Plan (the "ESPP") on June 30, 2021 and December 31, 2021, respectively.
F3	March 1, 2019, the Reporting Person was granted 26,831 performance share units under the Issuer's Plan, which represent the "target" number of shares underlying the performance share units. Subject to the terms of the grant, the Reporting Person received 42,441 common shares upon vesting.