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EPR PROPERTIES Director's Dealing 2010

May 14, 2010

31121_dirs_2010-05-14_f492d02e-ffa5-48ca-8065-4057ecc26419.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: ENTERTAINMENT PROPERTIES TRUST (epr)
CIK: 0001045450
Period of Report: 2010-05-12

Reporting Person: BROWN PETER C (Director)

Holdings (Non-Derivative)

Security Shares Ownership
Common Shares of Beneficial Interest 1250 Indirect
Common Shares of Beneficial Interest 1250 Indirect
Common Shares of Beneficial Interest 1250 Indirect
Common Shares of Beneficial Interest 1250 Indirect
Common Shares of Beneficial Interest 6500 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Restricted Share Units $ Common Shares of Beneficial Interest (1000) Direct
Restricted Share Units $ Common Shares of Beneficial Interest (834) Direct
Option to Purchase Common Shares of Beneficial Interest $44.98 2020-05-12 Common Shares of Beneficial Interest (1410) Direct

Footnotes

F1: All shares are payable one year from date of grant.

F2: Restricted Share Units were issued to Reporting Person in lieu of the Reporting Person's Annual Trustee Retainer fee. Each Restricted Share Unit represents a contingent right to receive one common share of beneficial interest.

F3: Restricted Share Units were issued to Reporting Person pursuant to Company's Equity Incentive Plan. Each Restricted Share Unit represents a contingent right to receive one common share of beneficial interest.

F4: Option to Purchase Shares were issued to the Reporting Person pursuant to Company's Equity Incentive Plan.