X0304 4 2012-02-28 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 2012-02-28 4 A 0 23100 0.00 A 63323 D Grant of 23,100 restricted shares under the 2003 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 (1,443 shares) vesting quarterly, with the first 1/16 vesting on March 31, 2012 and thereafter equal 1/16 portions on June 30, September 30 and December 31 with the final 1455 on December 31, 2015. Includes 23,100 restricted shares as detailed in Footnote 1. Also includes 22,500 shares of common stock granted as restricted stock. Restrictions lapse in equal quarterly installments of 1,875 shares with the next installment on on March 31, 2012, and the final installment on December 31, 2014. /s/Christopher J. Reading 2012-03-02