EPR PROPERTIES — Director's Dealing 2013

May 22, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EPR PROPERTIES (EPR)
CIK: 0001045450
Period of Report: 2013-05-20

Reporting Person: Peterson Mark Alan (SVP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-05-20	Common Shares of Beneficial Interest	S	4822	$60.02	Disposed	41914	Indirect
2013-05-21	Common Shares of Beneficial Interest	S	11178	$60.33	Disposed	30736	Indirect
2013-05-20	Common Shares of Beneficial Interest	J	0	—	Acquired	48963	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-05-20	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.