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UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON , D.C. 20549 FORM 10 - K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31 , 2020 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from Maryland ( State or Other Jurisdiction of Incorporation or Organization ) 309 N. Water Street , Suite 500 Milwaukee , Wisconsin ( Address of Principal Executive Offices ) Title of each class Common Shares , $ 0.01 par value Commission file number : 001-36007 PHYSICIANS REALTY TRUST ( Exact Name of Registrant as Specified in Its Charter ) to ( 414 ) 367-5600 ( Registrant's telephone number , including area code ) DOC ( I.R.S. Employer Identification No. ) Securities registered under Section 12 ( b ) of the Act : Trading Symbol ( s ) 46-2519850 Securities registered under Section 12 ( g ) of the Act : None Name of each exchange on which registered New York Stock Exchange 53202 ( Zip Code ) Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Act . Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes > No Yes X No Yes No > Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( § 232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . Yes > No Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Act ) . Yes No Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company or an emerging growth company . See the definitions of " large accelerated filer , " " accelerated filer , " " smaller reporting company , " and " emerging growth company " in Rule 12b - 2 of the Exchange Act . Large accelerated filer > Accelerated filer Non - accelerated filer Smaller reporting company Emerging growth company If an emerging growth company , indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 ( a ) of the Exchange Act . Indicate by check mark whether the registrant has filed a report on and attestation to management's assessment of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C. 4262 ( b ) ) by the registered accounting firm that prepared or issues its audit report . Î The aggregate market value of Physicians Realty Trust's common shares held by non - affiliates as of June 30 , 2020 was approximately $ 3,623,042,043 based upon the closing price reported for such date on the New York Stock Exchange . As of February 22 , 2021 , there were 210,588,276 shares of Physicians Realty Trust's common shares outstanding . DOCUMENTS INCORPORATED BY REFERENCE The information required by Part III of this Annual Report on Form 10 - K , to the extent not set forth in this Form 10 - K , is incorporated herein by reference from Physicians Realty Trust's definitive proxy statement relating to the annual meeting of shareholders to be held on May 5 , 2021 , to be filed with the Securities and Exchange Commission within 120 days after the end of the Registrant's fiscal year ended December 31 , 2020 .