X0303 4 2011-02-28 0 0000885978 U S PHYSICAL THERAPY INC /NV USPH 0001270356 READING CHRISTOPHER J 1300 W. SAM HOUSTON PKWY S. SUITE 300 HOUSTON TX 77042 1 1 0 0 Chief Executive Officer Common Stock 2011-02-28 4 A 0 30000 0.00 A 65000 D Grant of 30,000 restricted shares under the 1999 Plan as amended, restated and adopted, with a four year quarterly vesting schedule as to the lapse of restrictions thereof with 1/16 equal portions (1875 shares) vesting quarterly, with the first 1/16 vesting on March 31, 2011 and thereafter equal 1/16 portions on June 30, September 30 and December 31 each year until all such shares shall have vested, which shall be December 31, 2014. Includes 30,000 restricted shares as detailed in Footnote 1. Also, includes 10,000 shares of common stock granted as restricted stock. Restrictions lapsed as to 2500 shares on March 31, 2011, 2500 on June 30, 2011, 2500 on Septemer 30, 2011 and 2500 will lapse on December 31, 2011. /s/ Christopher J. Reading 2011-03-04