X0306 4 2018-03-05 0 0000885978 U S PHYSICAL THERAPY INC /NV USPH 0001519948 REEVE GRAHAM D. 1300 W SAM HOUSTON PKWY S SUITE 300 HOUSTON TX 77042 0 1 0 0 COO Common Stock 2018-03-05 4 A 0 7619 0.00 A 7619 D The 7,619 shares of common stock were granted as restricted stock pursuant to the Company's Amended and Restated 2003 Stock Incentive Plan. Restrictions lapse in 16 quarterly installment with the first 15 installments of 476 shares each beginning on April 1, 2018 and thereafter with 476 shares on April 1, July 1, October 1 and January 1 of each year with the final 479 shares lapsing on January 1, 2022. See Note (1). /s/ Graham D Reeve 2018-03-07