Elme Communities — Director's Dealing 2012

Jan 5, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WASHINGTON REAL ESTATE INVESTMENT TRUST (WRE)
CIK: 0000104894
Period of Report: 2011-12-30

Reporting Person: REGNELL THOMAS L (Sr. V.P. - Acquisitions)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-12-30	Common Stock	M	8700	—	Acquired	56842.11	Direct
2011-12-30	Common Stock	A	1580	—	Acquired	58422.11	Direct
2011-12-30	Common Stock	A	5365	—	Acquired	63787.11	Direct
2011-12-30	Common Stock	F	2802	$27.35	Disposed	60985.11	Direct
2012-01-03	Common Stock	F	165	$27.78	Disposed	60820.11	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-12-30	Restricted Stock Unit	$0	M	8700	Disposed	2011-12-30	Common Stock (8700)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1150	Indirect

Footnotes

F1: Restricted Share Award that vests ratably over 3 years on 12/31/12, 12/31/13 and 12/31/14.

F2: one for one