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: Paukstitus Michael S (Senior V. P. of Real Estate)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-12-30	Common Stock	M	8700	—	Acquired	30879.1134	Direct
2011-12-30	Common Stock	A	1580	—	Acquired	32459.1134	Direct
2011-12-30	Common Stock	A	5160	—	Acquired	37619.1134	Direct
2011-12-30	Common Stock	F	3059	$27.35	Disposed	34560.1134	Direct
2012-01-03	Common Stock	F	179	$27.78	Disposed	34381.1134	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	5050	Indirect
Common Stock	350	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