Mark D. Theine - 23 Feb 2023 Form 4 Insider Report for Physicians Realty Trust

Role: EVP - Asset Management
Signature: /s/ Christopher M. Bartoli, as attorney-in-fact
Issuer symbol: N/A
Transactions as of: 23 Feb 2023
Net transactions value: -$534,081
Form type: 4
Filing time: 27 Feb 2023, 15:25:37 UTC
Previous filing: 09 Jan 2023
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	DOC	Common shares, $0.01 par value	Options Exercise		+74,802	+41%		256,933	23 Feb 2023	Direct	F1
transaction	DOC	Common shares, $0.01 par value	Tax liability	$534,081	-35,440	-14%	$15.07	221,493	23 Feb 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	-25,617	-100%	$0.000000^*	0	23 Feb 2023	Common shares, $0.01 par value	25,617		Direct	F2

* 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 74,802 common shares upon vesting.
F2	On March 2, 2020, the Reporting Person was granted 25,617 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 74,802 common shares upon vesting.