EPR PROPERTIES — Director's Dealing 2012

Mar 20, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ENTERTAINMENT PROPERTIES TRUST (EPR)
CIK: 0001045450
Period of Report: 2012-03-19

Reporting Person: Hirons Michael L (VP- Strategic Planning)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-19	7.375 Series D Cumulative Redeemable Preferred Shares	J	0	—	Acquired	500	Direct
2012-03-19	Common Shares of Beneficial Interest	M	6745	$18.18	Acquired	33771	Direct
2012-03-19	Common Shares of Beneficial Interest	M	4474	$46.14	Disposed	29297	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-19	Option to Purchase Common Shares of Beneficial Interest	$18.18	M	6745	Disposed	2020-01-01	Common Shares of Beneficial Interest (6745)	Direct

Footnotes

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

F2: These shares were assigned to the Company in payment of exercise prices and associated taxes.