X0201 4 2004-03-18 0 0000077281 PENNSYLVANIA REAL ESTATE INVESTMENT TRUST PEI 0001203110 WELLER JONATHAN B C/O PENN. REAL ESTATE INVESTMENT TRUST 200 S. BROAD ST., THE BELLEVUE PHILADEPHIA PA 19102 1 1 0 0 President and COO Shares of Beneficial Interest, par value $1.00 per share 2004-03-18 4 F 0 3602 36.1 D 106606 D Shares of Beneficial Interest, par value $1.00 per share 2004-03-18 4 F 0 1070 36.1 D 105536 D Shares of Beneficial Interest, par value $1.00 per share 2004-03-18 4 M 0 7225 18 A 112761 D Employee Stock Option (right to buy) 18 2004-03-18 4 M 0 7225 18 D 1999-01-01 2004-12-14 Beneficial Interests 7225 12775 D Does not include 200 shares held by Mr. Weller indirectly as custodian for his children under the New York Uniform Gifts to Minors Act. Jonathan B. Weller 2004-03-19