EPR PROPERTIES — Director's Dealing 2012

Mar 1, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ENTERTAINMENT PROPERTIES TRUST (EPR)
CIK: 0001045450
Period of Report: 2012-02-27

Reporting Person: Silvers Gregory K (VP and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-27	Common Shares of Beneficial Interest	J	5129	$45.36	Acquired	25129	Indirect
2012-02-27	Common Shares of Beneficial Interest	M	15410	$18.18	Acquired	213701	Direct
2012-02-27	Common Shares of Beneficial Interest	M	10281	$45.2	Disposed	203420	Direct
2012-02-27	Common Shares of Beneficial Interest	J	5129	$45.36	Disposed	198291	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-27	Option to Purchase Common Shares of Beneficial Interest	$18.18	M	15410	Disposed	2021-01-01	Common Shares of Beneficial Interest (15410)	Direct

Footnotes

F1: These shares were assigned to the Company in payment of exercise prices and associated taxes.