EPR PROPERTIES — Director's Dealing 2012

Feb 7, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: Peterson Mark Alan (VP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-02	Common Shares of Beneficial Interest	J	0	—	Acquired	34551	Indirect
2012-02-02	Common Shares of Beneficial Interest	A	7060	$45.2	Acquired	34736	Direct
2012-02-02	Common Shares of Beneficial Interest	A	14198	$45.2	Acquired	48934	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-02	Option to Purchase Common Shares of Beneficial Interest	$	J	0	Acquired		Common Shares of Beneficial Interest ()	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, 2013.

F3: The Common Shares of Beneficial Interest were granted to the Reporting Person as long-term compensation and vest in four annual installments, beginning January 1, 2013.