CAMDEN PROPERTY TRUST — Director's Dealing 2014

May 14, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CAMDEN PROPERTY TRUST (CPT)
CIK: 0000906345
Period of Report: 2014-05-12

Reporting Person: Scharringhausen Cynthia B. (SVP - Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-05-12	Common Shares of Beneficial Interest	M	3922	$30.06	Acquired	77793	Direct
2014-05-12	Common Shares of Beneficial Interest	S	1754	$71.35	Disposed	72138	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-05-12	Options	$30.06	M	3922	Disposed	2019-01-28	Common Shares (3922)	Direct

Footnotes

F1: Excludes 3,901 shares mistakenly shown as owned by the reporting person on her Form 3 and subsequent Forms 4, which the reporting person did not in fact own as of the date of such Form 3.