---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-112567"
form_type: "8-K"
ticker: null
cik: "0001574540"
company_name: "Physicians Realty Trust"
filed_at: "2023-10-30T23:59:59+00:00"
generated_at: "2026-06-09T05:56:45.948180+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Physicians Realty Trust enters into merger agreement with Healthpeak; all-stock exchange ratio 0.674 per DOC share

## Summary
- Each DOC common share converts to 0.674 Healthpeak common shares; closing expected in first half of 2024.
- Termination fees: DOC pays $111M; Healthpeak pays $365M under certain circumstances.
- Five DOC board members to join Healthpeak board upon closing.
- Merger subject to shareholder approvals, regulatory conditions, and tax opinions; both boards unanimously approved.

## SEC filing metadata
- accession: 0001104659-23-112567
- form_type: 8-K
- cik: 0001574540
- company_name: Physicians Realty Trust
- filed_at: 2023-10-30T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.01, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1574540/000110465923112567/0001104659-23-112567-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1574540/000110465923112567/tm2329142d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-112567
- JSON: https://secwatch.observer/filing/0001104659-23-112567.json
- Plain text: https://secwatch.observer/filing/0001104659-23-112567.txt

## Key facts
- Governance Changes
  Physicians Realty Trust: Amended Bylaws to adopt a forum selection bylaw designating exclusive forums for internal corporate claims and Securities Act claims (effective 2023-10-28).
  - Change: bylaw amendment
  - Effective: 2023-10-28
  source text: On October 28, 2023, the Company’s Board of Trustees approved an amendment and restatement of the Company’s Bylaws to implement a forum selection bylaw (the “Bylaw Amendment”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1574540/000110465923112567/0001104659-23-112567-index.htm
- Material Agreements
  Physicians Realty Trust entered into Agreement and Plan of Merger with Healthpeak Properties, Inc., Alpine Sub, LLC, Alpine OP Sub, LLC (effective 2023-10-29).
  - Action: entry
  - Agreement: merger
  - Counterparty: Healthpeak Properties, Inc., Alpine Sub, LLC, Alpine OP Sub, LLC
  - Effective: 2023-10-29
  source text: On October 29, 2023, Physicians Realty Trust (the “Company” or “Physicians Realty Trust”) and its operating partnership, Physicians Realty L.P. (the “Partnership”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) among the Company, the Partnership, Healthpeak Properties, Inc. (“Healthpeak”), Alpine Sub, LLC, a Maryland limited liability company and a wholly owned subsidiary of Healthpeak (“Alpine Sub”), Alpine OP Sub, LLC, a Maryland limited liability company and a wholly owned subsidiary of Parent OP (as defined below) (“Alpine OP Sub”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1574540/000110465923112567/0001104659-23-112567-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.