COPT DEFENSE PROPERTIES — Director's Dealing 2011

Jul 11, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CORPORATE OFFICE PROPERTIES TRUST (OFC)
CIK: 0000860546
Period of Report: 2011-07-07

Reporting Person: SHIDLER JAY H (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-07-07	COPLP Units	C	20985	—	Disposed	1827232	Direct
2011-07-07	Common Shares	M	20985	—	Acquired	24985	Direct
2011-07-07	Common Shares	S	20985	$31.96	Disposed	4000	Direct

Footnotes

F1: These units were converted into common shares of COPT.

F2: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Jay H. Shidler on May 12, 2011.

F3: Acquired through conversion of COPLP Units.

F4: These units are owned as follows: 431,883 by Jay H. Shidler and 1,395,439 by Shidler Equities, L.P.