Elme Communities — Director's Dealing 2010

Mar 22, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WASHINGTON REAL ESTATE INVESTMENT TRUST (WRE)
CIK: 0000104894
Period of Report: 2010-03-18

Reporting Person: CRONIN EDMUND B JR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-03-18	Common Stock	M	45431	$25.61	Acquired	219923.1048	Direct
2010-03-18	Common Stock	M	68805	$24.845	Acquired	288728.1048	Direct
2010-03-19	Common Stock	S	47000	$30.0719	Disposed	241728.1048	Direct
2010-03-22	Common Stock	S	67236	$30.047	Disposed	174492.1048	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-03-18	Non-Qualified Stock Option (right to buy)	$24.845	M	68805	Disposed	2011-12-17	Common Stock (68805)	Direct
2010-03-18	Non-Qualified Stock Option (right to buy)	$25.61	M	45431	Disposed	2012-12-16	Common Stock (45431)	Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $30.0400 to $30.1119. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F2: This transaction was executed in multiple trades at prices ranging from $29.8500 to $30.1900. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.