X0306 4 2019-12-23 0 0000921112 LIBERTY PROPERTY TRUST LPT 0001248371 HANKOWSKY WILLIAM P C/O LIBERTY PROPERTY TRUST 650 EAST SWEDESFORD ROAD, SUITE 400 WAYNE PA 19087 1 1 0 0 Chairman, President & CEO Common Shares of Beneficial Interest ($0.001 par value) 2019-12-23 4 M 0 3057 32.71 A 407863 D Common Shares of Beneficial Interest ($0.001 par value) 2019-12-23 4 M 0 2961 33.77 A 410824 D Common Shares of Beneficial Interest ($0.001 par value) 2019-12-23 4 M 0 2893 34.56 A 413717 D Common Shares of Beneficial Interest ($0.001 par value) 2019-12-23 4 M 0 4293 39.59 A 418010 D Common Shares of Beneficial Interest ($0.001 par value) 2019-12-23 4 M 0 2683 37.26 A 420693 D Common Shares of Beneficial Interest ($0.001 par value) 2019-12-23 4 M 0 2843 35.18 A 423536 D Common Shares of Beneficial Interest ($0.001 par value) 2019-12-23 5 G 0 E 25000 0.00 D 398536 D Common Shares of Beneficial Interest ($0.001 par value) 12 I Owned by Wife Common Shares of Beneficial Interest ($0.001 par value) 37998 I By Family Trusts Common Shares of Beneficial Interest ($0.001 par value) 24000 I By Grantor Retained Annuity Trust Employee Stock Option (right to buy) 32.71 2019-12-23 4 M 0 3057 D 2020-03-16 Common Shares 3057 103334 D Employee Stock Option (right to buy) 33.77 2019-12-23 4 M 0 2961 D 2021-02-28 Common Shares 2961 65707 D Employee Stock Option (right to buy) 34.56 2019-12-23 4 M 0 2893 D 2022-03-16 Common Shares 2893 67229 D Employee Stock Option (right to buy) 39.59 2019-12-23 4 M 0 4293 D 2023-03-18 Common Shares 4293 60246 D Employee Stock Option (right to buy) 37.26 2019-12-23 4 M 0 2683 D 2024-03-17 Common Shares 2683 127951 D Employee Stock Option (right to buy) 35.18 2019-12-23 4 M 0 2843 D 2025-03-16 Common Shares 2843 134383 D Shares that the reporting person donated as a gift to the Hankowsky Donor Advised Fund, a donor advised fund. Became exercisable 20% after the first anniversary of the date of grant, 50% after the second anniversary and fully after the third anniversary. Options received as employment compensation. William P. Hankowsky by Herman C. Fala as Attorney-in-Fact 2019-12-26