X0202 4 2006-09-08 0 0000077281 PENNSYLVANIA REAL ESTATE INVESTMENT TRUST PEI 0001203113 RUBIN GEORGE F C/O PENN. REAL ESTATE INVESTMENT TRUST THE BELLEVUE, 200 S. BROAD ST. PHILADELPHIA PA 19102 1 1 0 0 Vice Chairman Shares of Beneficial Interest, par value $1.00 per share 2006-09-08 4 S 0 300 41 D 107100 I By Marital Trust Under Will of Richard I. Rubin Shares of Beneficial Interest, par value $1.00 per share 2006-09-08 4 S 0 200 40.8 D 106900 I By Marital Trust Under Will of Richard I. Rubin Shares of Beneficial Interest, par value $1.00 per share 2006-09-08 4 S 0 300 41.2 D 106600 I By Marital Trust Under Will of Richard I. Rubin Shares of Beneficial Interest, par value $1.00 per share 2006-09-08 4 S 0 600 41.3 D 106000 I By Marital Trust Under Will of Richard I. Rubin Shares of Beneficial Interest, par value $1.00 per share 2006-09-08 4 S 0 700 40.81 D 105300 I By Marital Trust Under Will of Richard I. Rubin Shares of Beneficial Interest, par value $1.00 per share 2006-09-08 4 S 0 100 40.91 D 105200 I By Marital Trust Under Will of Richard I. Rubin Shares of Beneficial Interest, par value $1.00 per share 2006-09-08 4 S 0 100 41.01 D 105100 I By Marital Trust Under Will of Richard I. Rubin Shares of Beneficial Interest, par value $1.00 per share 2006-09-08 4 S 0 300 41.21 D 104800 I By Marital Trust Under Will of Richard I. Rubin Shares of Beneficial Interest, par value $1.00 per share 2006-09-08 4 S 0 200 41.31 D 104600 I By Marital Trust Under Will of Richard I. Rubin Shares of Beneficial Interest, par value $1.00 per share 2006-09-08 4 S 0 500 40.82 D 104100 I By Marital Trust Under Will of Richard I. Rubin Shares of Beneficial Interest, par value $1.00 per share 2006-09-08 4 S 0 200 40.92 D 103900 I By Marital Trust Under Will of Richard I. Rubin Shares of Beneficial Interest, par value $1.00 per share 2006-09-08 4 S 0 200 41.02 D 103700 I By Marital Trust Under Will of Richard I. Rubin Shares of Beneficial Interest, par value $1.00 per share 2006-09-08 4 S 0 300 41.22 D 103400 I By Marital Trust Under Will of Richard I. Rubin Shares of Beneficial Interest, par value $1.00 per share 2006-09-08 4 S 0 300 41.32 D 103100 I By Marital Trust Under Will of Richard I. Rubin Shares of Beneficial Interest, par value $1.00 per share 2006-09-08 4 S 0 300 41.13 D 102800 I By Marital Trust Under Will of Richard I. Rubin Shares of Beneficial Interest, par value $1.00 per share 2006-09-08 4 S 0 400 40.83 D 102400 I By Marital Trust Under Will of Richard I. Rubin Shares of Beneficial Interest, par value $1.00 per share 2006-09-08 4 S 0 200 41.03 D 102200 I By Marital Trust Under Will of Richard I. Rubin Shares of Beneficial Interest, par value $1.00 per share 2006-09-08 4 S 0 300 41.23 D 101900 I By Marital Trust Under Will of Richard I. Rubin Shares of Beneficial Interest, par value $1.00 per share 2006-09-08 4 S 0 500 41.33 D 101400 I By Marital Trust Under Will of Richard I. Rubin Shares of Beneficial Interest, par value $1.00 per share 2006-09-08 4 S 0 1100 40.84 D 100300 I By Marital Trust Under Will of Richard I. Rubin Shares of Beneficial Interest, par value $1.00 per share 2006-09-08 4 S 0 100 41.04 D 100200 I By Marital Trust Under Will of Richard I. Rubin Shares of Beneficial Interest, par value $1.00 per share 2006-09-08 4 S 0 300 41.14 D 99900 I By Marital Trust Under Will of Richard I. Rubin Shares of Beneficial Interest, par value $1.00 per share 2006-09-08 4 S 0 200 41.24 D 99700 I By Marital Trust Under Will of Richard I. Rubin Shares of Beneficial Interest, par value $1.00 per share 2006-09-08 4 S 0 300 41.34 D 99400 I By Marital Trust Under Will of Richard I. Rubin Shares of Beneficial Interest, par value $1.00 per share 2006-09-08 4 S 0 200 41.25 D 99200 I By Marital Trust Under Will of Richard I. Rubin Shares of Beneficial Interest, par value $1.00 per share 81885 D Shares of Beneficial Interest, par value $1.00 per share 7835 I By Trust Shares of Beneficial Interest, par value $1.00 per share 900 I By Trust Shares of Beneficial Interest, par value $1.00 per share 500 I By Spouse Held by the Non-QTIP Marital Trust Under Will of Richard I. Rubin, of which Mr. Rubin is among the beneficiaries and trustees. See the Current Report on Form 8-K filed by the issuer on September 1, 2006. Held by Mr. Rubin indirectly through a trust of which he is a trustee. Held by a trust the beneficiary of which is Mr. Rubin's daughter. Mr. Rubin disclaims beneficial ownership of these shares. Held by Mr. Rubin's spouse. Mr. Rubin disclaims beneficial ownership of these shares. George F. Rubin 2006-09-12