Elme Communities — Director's Dealing 2010

Mar 8, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WASHINGTON REAL ESTATE INVESTMENT TRUST (WRE)
CIK: 0000104894
Period of Report: 2010-03-05

Reporting Person: MCKENZIE GEORGE F (Director, President, CEO & Trustee)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-03-05	Common Stock	M	37553	$21.344	Acquired	153652.7	Direct
2010-03-05	Common Stock	S	37553	$28.7405	Disposed	116099.7	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-03-05	Non-Qualified Stock Option (right to buy)	$21.34	M	37553	Disposed	2010-12-15	Common Stock (37553)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	13464.41	Indirect

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $28.6100 to $28.9200. 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.