CAMDEN PROPERTY TRUST — Director's Dealing 2011

May 11, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CAMDEN PROPERTY TRUST (CPT)
CIK: 0000906345
Period of Report: 2011-05-09

Reporting Person: Simonette Kristy P. (Senior VP - Strategic Services)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-05-09	Common Shares of Beneficial Interest	A	4693	$48.02	Acquired	30700	Direct
2011-05-09	Common Shares of Beneficial Interest	S	4693	$61.72	Disposed	26007	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-05-09	Options	$48.02	M	4693	Disposed	2018-01-30	Common Shares (4693)	Direct