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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
885978	U S Physical Therapy Inc	USPH	Services-Health Services (8000)	760364866

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1270356	J Christopher Reading	1300 W. Sam Houston Pkwy S. Suite 300 Houston TX 77042	Chief Executive Officer	Yes	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2011-03-11	25,000	$20.43	40,000	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Footnotes

The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $20.30 - $20.50, inclusive. The reporting person undertakes to provide to U.S. Physical Therapy, Inc., any of its shareholders or the staff of the Securities & Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
Grant of 30,000 restricted shares under the 1999 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 (1875 shares) vesting quarterly, with the first 1/16 vesting on March 31, 2011 and thereafter equal 1/16 portions on June 30, September 30 and December 31 each year until all such shares shall have vested, which shall be December 31, 2014. Also includes 10,000 shares of common stock granted as restricted stock. Restrictions lapse as to 2,500 on March 31, 2011; 2,500 on June 30, 2011; 2,500 on September 30, 2011; and 2,500 on December 31, 2011.