William F. Paulsen - Aug 13, 2021 Form 4 Insider Report for CAMDEN PROPERTY TRUST (CPT)

Role: Director
Signature: /s/: William F. Paulsen
Stock symbol: CPT
Transactions as of: Aug 13, 2021
Transactions value $: $0
Form type: 4
Date filed: 8/17/2021, 05:25 PM
Previous filing: May 17, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CPT	Common Shares	Options Exercise		+71.1K	+1711.14%		75.3K	Aug 13, 2021	Direct	F1
transaction	CPT	Common Shares	Sale		-23.3K	-30.91%		52K	Aug 17, 2021	Direct	F2
transaction	CPT	Common Shares	Sale		-47.8K	-92.01%		4.16K	Aug 17, 2021	Direct	F3
holding	CPT	Common Shares						10.7K	Aug 13, 2021	By Spouse
holding	CPT	Common Shares						24.2K	Aug 13, 2021	By Charitable Foundation

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	CPT	Limited Partnership Units in Camden Summit Partnership, LP	Options Exercise		-71.1K	-20.03%		284K	Aug 13, 2021	Common Shares	71.1K		Direct	F1, F4

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

Explanation of Responses:

Id	Content
F1	Units are redeemable for an equal number of shares of the issuer's Common Stock or, at the election of the issuer, cash equal to the fair market value of such shares. The issuer elected to redeem the reporting person's Units with Common Stock.
F2	The price represents an average of prices ranging from $144.92 to $145.90 per share. The Reporting Person, upon request by the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, will provide full information regarding the number of shares sold at each separate price for this transaction.
F3	The price represents an average of prices ranging from $145.92 to $146.89 per share. The Reporting Person, upon request by the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, will provide full information regarding the number of shares sold at each separate price for this transaction.
F4	There is no exercise date or expiration date for these securities. Each security is redeemable for cash equal to the fair market value of common shares or, at the option of Camden Summit Partnership, L.P., one common share.