LXP Industrial Trust — Director's Dealing 2012

Dec 12, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LEXINGTON REALTY TRUST (LXP)
CIK: 0000910108
Period of Report: 2012-12-11

Reporting Person: ROUSE RICHARD J (Vice Chairman and CIO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-12-11	Common Shares	M	50295	$4.97	Acquired	634184	Direct
2012-12-11	Common Shares	F	25690	$9.73	Disposed	608494	Direct
2012-12-11	Common Shares	F	8874	$9.73	Disposed	599620	Direct
2012-12-12	Common Shares	S	40000	$9.7564	Disposed	559620	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-12-11	2008 Non-qualified Share Option	$4.97	M	50295	Disposed	2018-12-31	Common Shares (50295)	Direct

Footnotes

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

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

F3: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.73 to $9.78, inclusive. The reporting person undertakes to provide to Lexington Realty Trust, any security holder of Lexington Realty Trust, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

F4: 50% of grant vested upon the 20-day trading average closing price exceeding $8.00 per share and the remaining 50% of grant vest upon the 20-day trading average closing price exceeding $10.00 per share.