X0306 4 2015-01-02 0 0001574540 Physicians Realty Trust DOC 0001317491 Sweet John 735 N. WATER STREET SUITE 1000 MILWAUKEE WI 53202 0 1 0 0 Executive Vice President & CIO Common shares, $0.01 par value 2015-01-02 4 M 0 2770 A 76456 D Common units of partnership interest 2015-01-02 4 M 0 2770 D Common Shares 2770 0 D Pursuant to the terms of the First Amended and Restated Agreement of Limited Partnership of Physicians Realty L.P., a Delaware limited partnership (the "Operating Partnership"), dated July 24, 2013, the reporting person exercised his redemption right and in connection therewith, the issuer purchased 2,770 common units of partnership interest in the Operating Partnership ("OP Units") in exchange for 2,770 common shares. Pursuant to the Partnership Agreement, the limited partners, other than the issuer, have redemption rights, to cause the Operating Partnership to redeem their OP Units in exchange for cash or, at the issuer's option, for common shares on a one-for-one basis, generally commencing one year from the date of issuance of such OP units. The OP Units had no expiration date. /s/ Aaron Rice, as attorney-in-fact 2015-01-06