Jeffrey Theiler - 18 Jan 2024 Form 4 Insider Report for Physicians Realty Trust

Role: EVP - CFO
Signature: /s/ Christopher M. Bartoli, as attorney-in-fact
Issuer symbol: N/A
Transactions as of: 18 Jan 2024
Net transactions value: -$409,090
Form type: 4
Filing time: 22 Jan 2024, 17:02:53 UTC
Previous filing: 03 Mar 2023
Next filing: 01 Mar 2024
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		+70,972	+21%		405,998	18 Jan 2024	Direct	F1, F2
transaction	DOC	Common shares, $0.01 par value	Tax liability	$409,090	-31,590	-7.8%	$12.95	374,408	18 Jan 2024	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	2021 Performance Based Restricted Share Unit Grant	Options Exercise	$0	-35,700	-100%	$0.000000^*	0	18 Jan 2024	Common shares, $0.01 par value	35,700		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 2021 Performance Based Restricted Share Units granted on March 1, 2021 under the Issuer's Equity Incentive Plan (the "Plan"). Subject to the terms of the grant, the Reporting Person received 70,972 common shares upon vesting.
F2	Includes 1,733 shares acquired under the Issuer's Employee Stock Purchase Plan (the "ESPP") on June 30, 2023.
F3	On March 1, 2021, the Reporting Person was granted 35,700 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 70,972 common shares upon vesting.