Prospectus Supplement

Filed Pursuant to Rule 424(b)(3)

Registration No. 333-123612

Prospectus Supplement

To Prospectus Dated April 8, 2005

CAMDEN PROPERTY TRUST

1,692,070.984 Common Shares of Beneficial Interest

This prospectus supplement updates the prospectus of Camden Property Trust, dated April 8, 2005, relating to the potential sale from time to time of up to 1,692,070.984 common shares of beneficial interest by the selling shareholders identified in this prospectus supplement.

The following table sets forth the number of units held by the selling shareholders as of February 1, 2012, and the maximum number of common shares that may be sold by the selling shareholders. The amounts set forth below are based on information provided to us by the selling shareholders, or on our records, and are accurate to the best of our knowledge. Since April 8, 2005, 564,570.232 units have been exchanged. Each unit may be exchanged for one common share, subject to adjustment. In lieu of issuing common shares upon the exchange of the units, we may, at our option, issue cash in an amount equal to the market value of an equivalent number of common shares.

 

Selling Shareholder

   Number of Units
Held
   Maximum
Number of
Common Shares
to be Sold

Bissell Ballantyne, LLC

   30,331.563    30,331.563

Eugene E. Brucker

   1,070.589    1,070.589

T. Carl Dedmon

   1,900.445    1,900.445

Robert W. Donaldson, Jr.

   2,016.799    2,016.799

B. D. Farmer, III

   2,563.127    2,563.127

John G. Golding

   3,191.036    3,191.036

Frances J. Intagliata

   1,070.589    1,070.589

Donald H. Jones

   3,191.036    3,191.036

Keith H. Kuhlman Revocable Trust of 1992(1)

   100,000.000    100,000.000

Duncan A. Killen

   2,141.177    2,141.177

Richard E. Killough

   3,191.036    3,191.036

Roger M. Lewis

   1,682.449    1,682.449

Michael G. Malone

   1,634.972    1,634.972

William B. McGuire, Jr.

   414,803.303    414,803.303

Mark L. Messerly

   1,899.777    1,899.777

Roy H. Michaux, Jr.

   807.121    807.121

Jack R. Miller

   1,900.445    1,900.445

John C. Moore Living Trust

   4,147.946    4,147.946

Kenneth M. Murphy

   2,141.177    2,141.177

Randy J. Pace

   5,509.419    5,509.419

Bailey Patrick, Jr.

   1,613.573    1,613.573

William F. Paulsen(2)

   388,575.292    388,575.292

Roberta K. Symonds Trust

   2,141.177    2,141.177

Nick Tacony

   2,141.177    2,141.177

David F. Tufaro(3)

   138,011.656    138,011.656

W.A. & C. D. Frank Living Trust

   2,141.177    2,141.177

Owen H. Whitfield Trust

   3,191.036    3,191.036

Gerald S. Workman

   2,016.799    2,016.799

Stephen C. Wylie

   879.341    879.341

Bernard A. Zimmer Revocable Trust

   1,595.518    1,595.518
  

 

  

 

Total

   1,127,500.752    1,127,500.752
  

 

  

 


 

(1) 

Pursuant to a Merrill Lynch Loan Management Account Agreement (the “Merrill Loan Agreement”) among such holder, Merrill Lynch Bank USA and Merrill Lynch, Pierce, Fenner & Smith Incorporated, all of the common shares that may be sold by such holder under this prospectus have been pledged by such holder to Merrill Lynch Bank USA as security for a loan or other extension of credit to such holder. Upon a default under the Merrill Loan Agreement with such holder, Merrill Lynch Bank USA or its parent, Merrill Lynch & Co. Inc., or any subsidiary thereof, may be a selling shareholder hereunder and may sell the applicable common shares offered by this prospectus.

 

(2) 

Pursuant to a Credit Agreement (the “Wells Credit Agreement”) between such holder and Wells Fargo Bank, National Association (“Wells Fargo”), all of the common shares that may be sold by such holder under this prospectus have been pledged by such holder to Wells Fargo as security for a loan or other extension of credit to such holder. Upon a default under the Wells Credit Agreement with such holder, Wells Fargo, or any affiliate thereof, may be a selling shareholder hereunder and may sell the applicable common shares offered by this prospectus.

 

(3) 

Pursuant to a Pledge Agreement and other documentation between such holder and Bank of America, N.A. (collectively, the “BoA Agreements”), all of the common shares that may be sold by such holder under this prospectus have been pledged by such holder to Bank of America, N.A. as security for a loan or other extension of credit to such holder. Upon a default under any of the BoA Agreements, Bank of America, N.A., and/or one or more of its affiliates, may be a selling shareholder hereunder and may sell the applicable common shares offered by this prospectus.

This prospectus supplement is not complete without, and may not be delivered or utilized except in connection with, the prospectus dated April 8, 2005, and we have not authorized anyone to deliver or use this prospectus supplement without the prospectus.

The date of this prospectus supplement is February 3, 2012

 

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