EPR PROPERTIES — Director's Dealing 2010

Feb 19, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ENTERTAINMENT PROPERTIES TRUST (epr)
CIK: 0001045450
Period of Report: 2010-02-17

Reporting Person: Hirons Michael L (Vice President - Finance)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-02-17	7.375 Series D Cumulative Redeemable Preferred Shares	J	0	—	Acquired	500	Direct
2010-02-17	Common Shares of Beneficial Interest	A	4272	—	Acquired	31519	Direct
2010-02-17	Common Shares of Beneficial Interest	A	4275	—	Acquired	35794	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-02-17	Option to Purchase Common Shares of Beneficial Interest	$36.56	A	248	Acquired	2020-01-01	Common Shares of Beneficial Interest (248)	Direct

Footnotes

F1: These shares have already been reported and do not reflect any change.

F2: At the election of the Reporting Person, the Common Shares of Beneficial Interest were issued in lieu of a cash bonus and vest in three annual installments beginning January 1, 2011.

F3: The Common Shares of Beneficial Interest were granted to the Reporting Person as long-term compensation and vest in four annual installments, beginning Janaury 1 2011.

F4: Options vest and become exercisable in four annual installments beginning Janaury 1, 2011.