Jeffrey Theiler - Feb 22, 2022 Form 4 Insider Report for Physicians Realty Trust (DOC)

Role: EVP - CFO
Signature: /s/ Christopher M. Bartoli, as attorney-in-fact
Stock symbol: DOC
Transactions as of: Feb 22, 2022
Transactions value $: -$397,168
Form type: 4
Date filed: 2/23/2022, 03:31 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	+52.7K	+26.23%	$0.00	254K	Feb 22, 2022	Direct	F1, F2
transaction	DOC	Common shares, $0.01 par value	Tax liability	-$397K	-23.3K	-9.17%	$17.07	230K	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	-33.3K	-100%	$0.00^*	0	Feb 22, 2022	Common shares, $0.01 par value	33.3K		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 52,734 common shares upon vesting.
F2	Includes 1,491 shares acquired under the Issuer's Employee Stock Purchase Plan (the "ESPP") on June 30, 2021.
F3	March 1, 2019, the Reporting Person was granted 33,337 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 52,734 common shares upon vesting.