X0206 3 2020-11-09 0 0000885978 U S PHYSICAL THERAPY INC /NV USPH 0001482760 HENDRICKSON CAREY P 1300 W SAM HOUSTON PKWY S SUITE 300 HOUSTON TX 77042-2453 0 1 0 1 Chief Financial Officer Effective 11/9/2020 Common Stock 3688 D On November 16, 2020, the 3,688 shares of common stock was granted as restricted stock pursuant to the Company Amended and Restated 2003 Stock Incentive Plan. Restrictions lapse in 15 equal quarterly installment with the first 230 shares on January 1, 2021 and thereafter with 230 shares on April 1, July 1, October 1 and January 1 of each year with the final 238 shares lapsing on October 1, 2024, if he is employed by the Company on those dates. /s/ Carey Hendrickson 2020-11-17