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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
77281	Pennsylvania Real Estate Investment Trust	PEI	Real Estate Investment Trusts (6798)	236216339

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1203112	I Leonard Korman	C/O Penn. Real Estate Investment Trust 200 S. Broad St., The Bellevue Philadelphia PA 19102		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Shares Of Beneficial Interest, Par Value $1.00 Per Share	Disposition	2011-12-19	8,800	$10.18	10,528	No	4	S	Indirect	By Trusts

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By Trusts

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Shares Of Beneficial Interest, Par Value $1.00 Per Share	433,345	Direct
Shares Of Beneficial Interest, Par Value $1.00 Per Share	116,531	Indirect	By Trusts
Shares Of Beneficial Interest, Par Value $1.00 Per Share	420	Indirect	By Spouse

Footnotes

Held by trusts of which Mr. Korman is a co-trustee. Mr. Korman disclaims beneficial ownership of these shares.
The range of prices for the transactions reported was from $10.14 to $10.22. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
Held by trusts of which Mr. Korman is a co-trustee and sole beneficiary.
Held by Mr. Korman's spouse. Mr. Korman disclaims beneficial ownership of these shares.