CAMDEN PROPERTY TRUST — Director's Dealing 2014

Feb 10, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CAMDEN PROPERTY TRUST (CPT)
CIK: 0000906345
Period of Report: 2014-02-06

Reporting Person: ODEN D KEITH (Director, President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-06	Common Shares of Beneficial Interest	M	52029	$45.53	Acquired	442473	Direct
2014-02-06	Common Shares of Beneficial Interest	F	36585	$64.75	Disposed	405888	Direct
2014-02-06	Common Shares of Beneficial Interest	A	965	$0.00	Acquired	406853	Direct
2014-02-06	Common Shares of Beneficial Interest	A	4054	$0.00	Acquired	411269	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-02-06	Options	$64.75	A	36585	Acquired	2015-02-02	Common Shares (36585)	Direct
2014-02-06	Options	$45.53	M	52029	Disposed	2015-02-02	Common Shares (52029)	Direct

Footnotes

F1: The shares vest 10% on each of February 6, 2015 and 2016 and 80% on February 6, 2017.

F2: The shares vest 10% on each of February 6, 2015, 2016, 2017 and 2018 and 60% on February 6, 2019.

F3: Includes 362 shares acquired through the issuer's Employee Share Purchase Plan.