CAMDEN PROPERTY TRUST — Director's Dealing 2012

Feb 21, 2012

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: CAMDEN PROPERTY TRUST (CPT)
CIK: 0000906345
Period of Report: 2012-02-17

Reporting Person: Baker Laurie (SVP, Fund & Asset Management)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares of Beneficial Interest	38265	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Deferred RT Shares	$		Common Shares (17078)		Direct
Employee Stock Options	$48.02	2018-01-30	Common Shares (9990)		Direct
Employee Stock Options	$43.94	2020-03-22	Common Shares (12529)		Direct

Footnotes

F1: Granted by the committee appointed in accordance with the provisions of the Company's Rabbi Trust, options represent the right to purchase shares at a price equal to 25% of the market value of the shares at date of grant. Options vested in five equal installments between 1998 and 2004 and expire 30 years from the date of vesting.