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 OF SECURITIES 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 * STEWART H MALCOLM   2. Issuer Name and Ticker or Trading Symbol CAMDEN PROPERTY TRUST [CPT] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Chief Operating Officer (Last) (First) (Middle) 3 GREENWAY PLAZA, SUITE 1300 3. Date of Earliest Transaction (Month/Day/Year) 01/07/2014 (Street) HOUSTON, TX 77046 4. If Amendment, Date Original Filed(Month/Day/Year) 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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 of Beneficial Interest 01/07/2014 01/07/2014 M   4,215 A $ 10.5125 281,471 D   Common Shares of Beneficial Interest 01/07/2014 01/07/2014 M   8,053 A $ 10.975 289,524 D   Common Shares of Beneficial Interest 01/07/2014 01/07/2014 M   961 A $ 11.38 290,485 D   Common Shares of Beneficial Interest 01/07/2014 01/07/2014 M   1,603 A $ 10.725 292,088 D   Common Shares of Beneficial Interest 01/07/2014 01/07/2014 S   29,135 D $ 59.065 262,953 D

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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 Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

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 (Month/Day/Year)

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

Deferred RT Shares

(1)

01/07/2014

01/07/2014

M

4,215

(2)

(2)

Common Shares

4,215

$ 10.5125

141,783

D

Deferred RT Shares

(1)

01/07/2014

01/07/2014

M

8,053

(2)

(2)

Common Shares

8,053

$ 10.975

133,730

D

Deferred RT Shares

(1)

01/07/2014

01/07/2014

M

1,603

(2)

(2)

Common Shares

1,603

$ 10.725

132,127

D

Deferred RT Shares

(1)

01/07/2014

01/07/2014

M

961

(2)

(2)

Common Shares

961

$ 11.38

131,166

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
STEWART H MALCOLM 3 GREENWAY PLAZA SUITE 1300 HOUSTON, TX 77046			Chief Operating Officer

Signatures

/s/: H. Malcolm Stewart		01/09/2014
**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	Granted by the committee appointed in accordance with the provisions of the Company's Rabbi Trust, options represent the right to purchase shares at a price equal to 25% of the market value of the shares at date of grant.
(2)	Options to repurchase vest in up to five equal installments and expire thirty years from date of grant. Includes 14,832 options that vested on February 15, 2007.

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