William Mark Dukes - Feb 23, 2023 Form 4 Insider Report for Physicians Realty Trust (DOC)

Role: SVP-Asset Management
Signature: /s/ Christopher M. Bartoli, as attorney-in-fact
Stock symbol: DOC
Transactions as of: Feb 23, 2023
Transactions value $: -$35,038
Form type: 4
Date filed: 2/27/2023, 03:14 PM
Previous filing: Mar 2, 2022
Next filing: Mar 3, 2023

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		+4.61K	+18.47%		29.6K	Feb 23, 2023	Direct	F1, F2
transaction	DOC	Common shares, $0.01 par value	Tax liability	-$35K	-2.33K	-7.87%	$15.07	27.2K	Feb 23, 2023	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	2020 Performance Based Restricted Share Unit Grant	Options Exercise	$0	-1.58K	-100%	$0.00^*	0	Feb 23, 2023	Common shares, $0.01 par value	1.58K		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 2020 Performance Based Restricted Share Units granted on March 2, 2020 under the Issuer's Equity Incentive Plan (the "Plan"). Subject to the terms of the grant, the Reporting Person received 4,608 common shares upon vesting.
F2	Includes 452 shares and 545 shares acquired under the Issuer's Employee Stock Purchase Plan (the "ESPP") on June 30, 2022 and December 31, 2022, respectively.
F3	On March 2, 2020, the Reporting Person was granted 1,578 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 4,608 common shares upon vesting.