LXP Industrial Trust — Director's Dealing 2013

Mar 4, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LEXINGTON REALTY TRUST (LXP)
CIK: 0000910108
Period of Report: 2013-02-28

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-02-28	Common Shares	M	131629	$4.97	Acquired	743538	Direct
2013-02-28	Common Shares	F	57235	$11.43	Disposed	686303	Direct
2013-02-28	Common Shares	F	27577	$11.43	Disposed	658726	Direct
2013-02-28	Common Shares	S	45000	$11.4276	Disposed	613726	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	131629	Disposed	2018-12-31	Common Shares (131629)	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 an average price. These shares were sold in multiple transactions at prices ranging from $11.41 to $11.47, 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 with the range 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 vested upon the 20-day trading average closing price exceeding $10.00 per share.