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EPR PROPERTIES Director's Dealing 2013

May 20, 2013

31121_dirs_2013-05-20_095dca33-3263-40be-ac3f-96c82243536c.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EPR PROPERTIES (EPR)
CIK: 0001045450
Period of Report: 2013-05-16

Reporting Person: Earnest Morgan G II (SVP and CIO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-05-16	Common Shares of Beneficial Interest	S	2000	$59.15	Disposed	65965	Direct
2013-05-16	Common Shares of Beneficial Interest	P	2750	$59.239	Acquired	69715	Direct
2013-05-16	Common Shares of Beneficial Interest	P	250	$59.24	Acquired	68965	Direct
2013-05-16	Common Shares of Beneficial Interest	S	2000	$59.25	Disposed	66965	Direct
2013-05-16	Common Shares of Beneficial Interest	S	2000	$59.35	Disposed	64965	Direct
2013-05-17	Common Shares of Beneficial Interest	S	3000	$59.85	Disposed	61965	Direct
2013-05-17	Common Shares of Beneficial Interest	S	2885	$60.11	Disposed	59080	Direct
2013-05-17	Common Shares of Beneficial Interest	S	115	$60.11	Disposed	58965	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-05-17	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.