EPR PROPERTIES — Director's Dealing 2016

May 13, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EPR PROPERTIES (EPR)
CIK: 0001045450
Period of Report: 2016-05-11

Reporting Person: NEWMAN JACK A JR (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-05-11	Restricted Share Units	$	A	1457	Acquired		Common Shares (1457)	Direct
2016-05-11	Restricted Share Units	$	A	1121	Acquired		Common Shares (1121)	Direct

Footnotes

F1: Restricted Share Units were issued to Reporting Person in lieu of the Reporting Person's Annual Trustee Retainer Fee. Each Restricted Share Unit represents a contingent right to receive one share of the Issuer's common shares.

F2: All shares are payable upon termination of service.

F3: Restricted Share Units were issued to the Reporting Person pursuant to Company's Equity Incentive Plan. Each Restricted Share Unit represents a contingent right to receive one share of the Issuer's common shares.