KILROY REALTY CORP — Director's Dealing 2012

Feb 14, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KILROY REALTY CORP (NYSE: KRC)
CIK: 0001025996
Period of Report: 2012-02-10

Reporting Person: KINSELLA DALE F (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-10	Common stock, par value $0.01 per share	M	5000	$25.77	Acquired	29436.3641	Direct
2012-02-10	Common stock, par value $0.01 per share	S	5000	$43.007	Disposed	24436.3641	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-10	Stock Option for Common Stock	$25.77	M	5000	Disposed	2012-02-19	Common Stock (5000)	Direct

Footnotes

F1: Represents the weighted average sale price. The highest price at which shares were sold was $43.03, and the lowest price at which shares were sold was $43.00. The reporting person undertakes to provide, upon request by staff of the SEC, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each price.

F2: The initial option grant vested in three equal installments on February 19, 2003, 2004 and 2005.