4//SEC Filing
Taylor Del Mar Deeni 4
Accession 0001574540-24-000075
CIK 0001574540other
Filed
Feb 29, 7:00 PM ET
Accepted
Mar 1, 4:12 PM ET
Size
14.8 KB
Accession
0001574540-24-000075
Insider Transaction Report
Form 4
Taylor Del Mar Deeni
EVP - Investments
Transactions
- Exercise/Conversion
Common shares, $0.01 par value
2024-03-01+116,115→ 314,689 total - Disposition to Issuer
Common shares, $0.01 par value
2024-03-01−337,210→ 0 total - Exercise/Conversion
2022 Performance Based Restricted Share Unit Grant
2024-03-01−38,705→ 0 total→ Common shares, $0.01 par value (38,705 underlying) - Exercise/Conversion
Common shares, $0.01 par value
2024-03-01+135,675→ 450,364 total - Tax Payment
Common shares, $0.01 par value
2024-03-01$11.23/sh−113,154$1,270,719→ 337,210 total - Exercise/Conversion
2023 Performance Based Restricted Share Unit Grant
2024-03-01−45,225→ 0 total→ Common shares, $0.01 par value (45,225 underlying)
Footnotes (5)
- [F1]Represents vesting of the 2022 Performance Based Restricted Share Units granted on March 1, 2022 under the Issuer's Equity Incentive Plan (the "Plan"). The grant vested on March 1, 2024 pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement") dated October 29, 2023 among the Issuer, Physicians Realty L.P., Healthpeak Properties, Inc. ("Healthpeak"), DOC DR Holdco, LLC and DOC DR LLC. The Company merged with and into DOC DR Holdco, LLC on March 1, 2024. Pursuant to the terms of the Merger Agreement, the Reporting Person received 116,115 common shares upon vesting, 300% of the target shares.
- [F2]Represents vesting of the 2023 Performance Based Restricted Share Units granted on March 1, 2023 under the the Plan. Pursuant to the terms of the Merger Agreement, the Reporting Person received 135,675 common shares upon vesting, 300% of the target shares.
- [F3]Represents securities disposed of pursuant to the terms of the the Merger Agreement and each issued and outstanding common shares of the Issuer, held by the reporting person was automatically converted into the right to receive 0.674 of a share of Healthpeak common stock, subject to any adjustment, without interest.
- [F4]On March 1, 2022, the Reporting Person was granted 38,705 performance share units under the Issuer's Plan, which represent the "target" number of shares underlying the performance share units. Pursuant to the terms of the merger, the Reporting Person received 116,115 common shares upon vesting.
- [F5]On March 1, 2023, the Reporting Person was granted 45,225 performance share units under the Issuer's Plan, which represent the "target" number of shares underlying the performance share units. Pursuant to the terms of the merger, the Reporting Person received 135,675 common shares upon vesting.
Documents
Issuer
Physicians Realty Trust
CIK 0001574540
Entity typeother
Related Parties
1- filerCIK 0001655225
Filing Metadata
- Form type
- 4
- Filed
- Feb 29, 7:00 PM ET
- Accepted
- Mar 1, 4:12 PM ET
- Size
- 14.8 KB