EPR PROPERTIES — Director's Dealing 2015

Feb 24, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EPR PROPERTIES (EPR)
CIK: 0001045450
Period of Report: 2015-02-20

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-02-20	Common Shares of Beneficial Interest	A	4806	—	Acquired	68773	Direct
2015-02-20	Common Shares of Beneficial Interest	A	16491	—	Acquired	85264	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-02-20	Option to Purchase Common Shares of Beneficial Interest	$61.79	A	20857	Acquired	2026-01-01	Common Shares of Beneficial Interest (20857)	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, 2016.

F2: The Common Shares of Beneficial Interest were granted to the Reporting Person as long-term incentive compensation and vest in four annual installments, beginning January 1, 2016.

F3: Options vest and become exercisable in four annual installments beginning January 1, 2016.