4//SEC Filing
Thomas John T 4
Accession 0001574540-24-000077
CIK 0001574540other
Filed
Feb 29, 7:00 PM ET
Accepted
Mar 1, 4:13 PM ET
Size
29.7 KB
Accession
0001574540-24-000077
Insider Transaction Report
Form 4
Thomas John T
DirectorPresident and CEO
Transactions
- Disposition to Issuer
Common shares, $0.01 par value
2024-03-01−5,217→ 0 total(indirect: By Children) - Exercise/Conversion
Common shares, $0.01 par value
2024-03-01+281,022→ 1,481,892 total - Exercise/Conversion
Common shares, $0.01 par value
2024-03-01+244,932→ 1,200,870 total - Exercise/Conversion
Common shares, $0.01 par value
2024-03-01+259,067→ 955,938 total - Tax Payment
Common shares, $0.01 par value
2024-03-01$11.23/sh−261,450$2,936,084→ 1,220,442 total - Disposition to Issuer
Common shares, $0.01 par value
2024-03-01−1,220,442→ 0 total - Disposition to Issuer
Common shares, $0.01 par value
2024-03-01−434→ 0 total(indirect: By Children) - Disposition to Issuer
Common shares, $0.01 par value
2024-03-01−217→ 0 total(indirect: By Children) - Disposition to Issuer
Common shares, $0.01 par value
2024-03-01−217→ 0 total(indirect: By Children) - Disposition to Issuer
Common shares, $0.01 par value
2024-03-01−87→ 0 total(indirect: By Children) - Disposition to Issuer
Common shares, $0.01 par value
2024-03-01−87→ 0 total(indirect: By Children) - Disposition to Issuer
Common shares, $0.01 par value
2024-03-01−87→ 0 total(indirect: By Children) - Exercise/Conversion
2020 Restricted Share Unit Grant
2024-03-01−259,067→ 0 total→ Common shares, $0.01 par value (259,067 underlying) - Exercise/Conversion
2022 Performance Based Restricted Share Unit Grant
2024-03-01−81,644→ 0 total→ Common shares, $0.01 par value (81,644 underlying) - Exercise/Conversion
2023 Performance Based Restricted Share Unit Grant
2024-03-01−93,674→ 0 total→ Common shares, $0.01 par value (93,674 underlying)
Footnotes (7)
- [F1]Each restricted stock unit represents the right to receive one share of the Issuer's common shares. Represents vesting of the time-based restricted stock units 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 Issuer merged with and into DOC DR Holdco, LLC on March 1, 2024.
- [F2]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 Merger Agreement dated October 29, 2023 among the Issuer, Physicians Realty L.P., Healthpeak, DOC DR Holdco, LLC and DOC DR LLC. Pursuant to the terms of the Merger Agreement, the Reporting Person received 244,932 common shares upon vesting, 300% of the target shares.
- [F3]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 281,022 common shares upon vesting, 300% of the target shares.
- [F4]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.
- [F5]On March 2, 2020, the Reporting Person was granted 259,067 restricted stock units, expected to vest in two equal installments on March 2, 2024 and March 2, 2025, subject to the terms of the grant. The grant vested on March 1, 2024 pursuant to the terms of the Merger Agreement.
- [F6]On March 1, 2022, the Reporting Person was granted 81,644 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 244,932 common shares upon vesting.
- [F7]On March 1, 2023, the Reporting Person was granted 93,674 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 281,022 common shares upon vesting.
Documents
Issuer
Physicians Realty Trust
CIK 0001574540
Entity typeother
Related Parties
1- filerCIK 0001454164
Filing Metadata
- Form type
- 4
- Filed
- Feb 29, 7:00 PM ET
- Accepted
- Mar 1, 4:13 PM ET
- Size
- 29.7 KB