CAMDEN PROPERTY TRUST — Director's Dealing 2017

Jan 6, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CAMDEN PROPERTY TRUST (CPT)
CIK: 0000906345
Period of Report: 2017-01-04

Reporting Person: LEVEY LEWIS A (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-01-04	Common Shares	M	2931	$10.5125	Acquired	9721	Direct
2017-01-04	Common Shares	S	2931	$85.46	Disposed	6790	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-01-04	Options to Repurchase	$10.5125	M	2931	Disposed		Common Shares (13668)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	120000	Indirect

Footnotes

F1: The reporting person's shares are held by the issuer's executive deferred compensation plan for the benefit of the reporting person who, in prior years, elected to receive payment in 2017, pursuant to Internal Revenue Code Section 409A.

F2: Options to repurchase vest in four or five annual installments and expire thirty years from date of grant. Includes 1,777 options, 1,332 options, and 822 options that vested on February 15, 2005, 2006 and 2007, respectively.