Virginia E. Shanks - May 28, 2021 Form 4 Insider Report for EPR PROPERTIES (EPR)

Role: Director
Signature: /s/ Angela M. Whittaker, Attorney-in-Fact for Virginia E. Shanks
Stock symbol: EPR
Transactions as of: May 28, 2021
Transactions value $: $0
Form type: 4
Date filed: 6/1/2021, 03:27 PM
Previous filing: May 24, 2021
Next filing: Jun 15, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EPR	Common Shares	Options Exercise	$0	+3.93K	+151.02%	$0.00	6.54K	May 28, 2021	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	EPR	Restricted Share Units	Options Exercise	$0	-3.93K	-36.44%	$0.00	6.86K	May 28, 2021	Common Shares	3.93K		Direct	F1
transaction	EPR	Restricted Share Units	Award	$0	+2.2K	+32.05%	$0.00	9.06K	May 28, 2021	Common Shares	2.2K		Direct	F2, F3
transaction	EPR	Restricted Share Units	Award	$0	+2.72K	+30.06%	$0.00	11.8K	May 28, 2021	Common Shares	2.72K		Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Restricted Share Unit represents a contingent right to receive one share of the Issuer's common shares.
F2	Restricted Share Units were issued to Reporting Person in lieu of the Reporting Person's Annual Trustee Retainer fee. Each Restricted Share Unit represents a contingent right to receive one share of the Issuer's common shares.
F3	Subject to certain exceptions, the vesting date for the Restricted Share Units is the earlier of (a) the close of business on the day preceding the first annual meeting of shareholders after the date of grant, or (b) a Change of Control (as defined in the 2016 Equity Incentive Plan). Settlement and delivery of common shares subject to vested Restricted Share Units are made pursuant to instructions provided to the Company by Reporting Person prior to the date of grant.
F4	Restricted Share Units were issued to Reporting Person pursuant to Company's Equity Incentive Plan. Each Restricted Share Unit represents a contingent right to receive one share of the Issuer's common shares.