LXP Industrial Trust — Director's Dealing 2014

Mar 7, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LEXINGTON REALTY TRUST (LXP)
CIK: 0000910108
Period of Report: 2014-03-05

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-03-05	Common Shares	M	144000	$6.39	Acquired	707576	Direct
2014-03-05	Common Shares	F	78848	$11.67	Disposed	628728	Direct
2014-03-05	Common Shares	F	30224	$11.67	Disposed	598504	Direct
2014-03-05	Common Shares	M	79000	$7.95	Acquired	677504	Direct
2014-03-05	Common Shares	F	53817	$11.67	Disposed	623687	Direct
2014-03-05	Common Shares	F	12986	$11.67	Disposed	610701	Direct
2014-03-05	Common Shares	S	53866	$11.628	Disposed	556835	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-03-05	2010 Non-qualified Share Option	$6.39	M	144000	Acquired	2019-12-31	Common Shares (144000)	Direct
2014-03-05	December 2010 Non-qualified Share Option	$7.95	M	79000	Acquired	2020-12-31	Common Shares (79000)	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 $11.61 to $11.685, 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: Vest and become exercisable ratably over first five anniversaries of grant date.