X0303 4 2011-05-11 0 0001045450 ENTERTAINMENT PROPERTIES TRUST EPR 0001113486 DRUTEN ROBERT J CROWN MEDIA HOLDINGS INC 6430 S FIDDLERS GREEN CIR STE 500 ENGLEWOOD CO 80111 1 0 0 0 Common Shares of Beneficial Interest 2011-05-12 4 M 0 723 A 4056 D Common Shares of Beneficial Interest 2011-05-11 4 J 0 0 A 3000 I IRA Restricted Share Units 2011-05-11 4 A 0 1256 0 A Common Shares of Beneficial Interest 1256 7828 D Restricted Share Units 2011-05-11 4 A 0 785 0 A Common Shares of Beneficial Interest 785 8613 D Option to Purchase Common Shares of Beneficial Interest 47.77 2011-05-11 4 A 0 1355 47.77 A 2011-05-11 2021-05-11 Common Shares of Beneficial Interest 1355 36463 D These shares have already been reported and do not reflect any change. 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 common share of beneficial interest. 33% of shares are payable on 5/12/2012; 33% of shares are payable on 5/12/2013; 34% of shares are payable on 5/12/2014. Restricted Share Units were issued to the Reporting Person pursuant to Company's Equity Incentive Plan. Each Restricted Share Unit represents a contingent right to receive one common share of beneficial interest. Option to Purchase Shares were issued to the Reporting Person pursuant to Company's Equity Incentive Plan. Represents the vesting of a portion of the Restricted Share Units issued on 5/12/2010, which vesting constitutes an exercise or conversion of a derivative security exempt under Rules 16b-3 and 16b-6(b). /s/ Robert J. Druten 2011-05-12