CBL & ASSOCIATES PROPERTIES INC — Director's Dealing 2012

Dec 17, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CBL & ASSOCIATES PROPERTIES INC (CBL)
CIK: 0000910612
Period of Report: 2012-12-14

Reporting Person: LANDRESS BEN S (Exec VP - Management)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-12-14	Preferred Series D Depositary Shares	P	1000	$25.1819	Acquired	1000	Indirect
2012-12-14	Preferred Series E Depositary Shares	P	800	$25.00	Acquired	800	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	246951.31	Direct
Common Stock	74536	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Common Units	$	2043-11-03	Common Stock (120480)	120480	Direct

Footnotes

F1: Additionally, the Reporting Person owns a limited partnership interest in CBL & Associates Limited Partnership, a Delaware limited partnership, that may be exchanged at any time for 120,480 shares of the Issuer's Common Stock (on a one-for-one basis) or cash, at the Issuer's election.

F2: The Common Units are exerciseable on a 1 to 1 ratio with no exercise price.

F3: Immediately exercisable.