LXP Industrial Trust — Director's Dealing 2012

Dec 18, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LEXINGTON REALTY TRUST (LXP)
CIK: 0000910108
Period of Report: 2012-12-14

Reporting Person: ROSKIND E ROBERT (Director, Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-12-14	Common Shares	M	99561	$4.97	Acquired	832316	Direct
2012-12-14	Common Shares	F	50440	$9.81	Disposed	781876	Direct
2012-12-14	Common Shares	F	17717	$9.81	Disposed	764159	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-12-14	2008 Non-qualified Share Option	$4.97	M	99561	Disposed	2018-12-31	Common Shares (99561)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Shares	60729	Indirect
Common Shares	60807	Indirect

Footnotes

F1: Payment of option exercise price by withholding securities incident to exercise of options issued in accordance with Rule 16b-3.

F2: Payment of tax liability by withholding securities incident to exercise of options issued in accordance with Rule 16b-3.

F3: Reporting person disclaims ownership of the reported securities except to the extent of his pecuniary interest therein.

F4: 289,900 share options originally granted on 12/31/08 but adjusted to 326,427 pursuant to shareholder approved plan and in connection with stock dividends paid in 2009. 50% vested upon the 20-day trading average closing price exceding $8.00 per share and the remaining 50% vest upon the 20-day trading average closing price exceding $10.00 per share.