EPR PROPERTIES — Director's Dealing 2013

Feb 25, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EPR PROPERTIES (EPR)
CIK: 0001045450
Period of Report: 2013-02-21

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-02-21	Common Shares of Beneficial Interest	A	10000	$47.21	Acquired	57961	Direct
2013-02-21	Common Shares of Beneficial Interest	A	16004	$47.21	Acquired	73965	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-02-21	Option to Purchase Common Shares of Beneficial Interest	$47.21	A	13076	Acquired	2024-01-01	Common Shares of Beneficial Interest (13076)	Direct

Footnotes

F1: 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, 2014.

F2: 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, 2014.

F3: Options vest and become exercisable in four annual installments beginning January 1, 2014.