Sec Form 4 Filing - Hirons Michael L @ EPR PROPERTIES - 2017-12-21

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Hirons Michael L 2. Issuer Name and Ticker or Trading Symbol EPR PROPERTIES [ EPR] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) SVP - Strategy & Asset Mgmt. (Last) (First) (Middle) 909 WALNUT, SUITE 200 3. Date of Earliest Transaction (MM/DD/YY) 12/21/2017 (Street) KANSAS CITY, MO64106 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Shares 12/21/2017 M 328 A $ 47.2 52,868 D Common Shares 12/21/2017 M 494 A $ 47.2 53,362 D Common Shares 12/21/2017 F( 1 ) 245 ( 1 ) D $ 63.11 53,117 D Common Shares 12/21/2017 F( 1 ) 430 ( 1 ) D $ 63.11 52,687 D Common Shares 12/21/2017 J( 2 ) 147 ( 2 ) D $ 0 52,540 D Common Shares 12/21/2017 J( 2 ) 147 ( 2 ) A $ 0 12,481 I Julie and Michael Hirons Joint Revocable Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Pr ice of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Option to Purchase Common Shares $ 47.2 12/21/2017 M( 3 ) 328 ( 3 ) 01/01/2012 01/01/2018 Common Shares 328 $ 0 18,661 D Non-Qualified Stock Option $ 47.2 12/21/2017 M( 3 ) 494 ( 3 ) 01/01/2012 01/01/2018 Common Shares 494 $ 0 18,167 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Hirons Michael L 909 WALNUT SUITE 200 KANSAS CITY, MO64106 SVP - Strategy & Asset Mgmt. Signatures /s/ Felisha L. Parker, attorney-in-fact for Michael L. Hirons 12/22/2017 Signature of Reporting Person Date

Explanation of Responses:

( 1 )These shares were assigned to the Company in payment of exercise prices and associated taxes. ( 2 )These shares were transferred from direct ownership to indirect ownership. ( 3 )The transactions reported in this Form 4 were effected pursuant to Rule 10b5-1 trading plan previously adopted by the reporting person.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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