X0306 4 2014-03-03 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 2014-03-03 4 A 0 30000 0.00 A 134011 D Grant of 30,000 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 (1,875 shares) vesting quarterly, with the next 1/16 vesting on April 1, 2014 and thereafter equal 1/16 portions on April 1, July 1, October 1 and January 1, each year until all such shares shall have vested, which shall be January 1,2018. Includes 27,600 restricted shares with a four year quarterly vesting schedule as to the lapse of restrictions thereof with 1/16 equal portions (2,300 shares) vesting quarterly with the next 1/16 vesting on April 1, 2014 and thereafter equal 1/16 portions on April 1, July 1, October 1 and January 1 each year until all such shares shall have vested, which shall be January 1, 2017. Also includes 7,500 restricted shares in which restrictions lapse in equal quarterly installments of 1,875 shares with the next installment on March 31, 2014 and the last on December 31, 2014. also includes 11,556 shares of common stock granted as restricted stock. Restrictions lapse in equal quarterly installments of 1,443 shares with the next installment on March 31, 2014, and the final installment of 1,455 shares on December 31, 2015. /s/ Christopher J. Reading 2014-03-05