SEC Form 4

FORM 4		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 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* GANS BRUCE M (Last) (First) (Middle) C/O REIT MANAGEMENT & RESEARCH LLC TWO NEWTON PL., 255 WASH. ST., STE. 300 (Street) NEWTON MA 02458 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol HOSPITALITY PROPERTIES TRUST [ NYSE: HPT ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 03/26/2012
	4. If Amendment, Date of 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

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	03/26/2012		P(1)		357	A	$25.9648	7,357	D
Common Shares of Beneficial Interest	04/23/2012		S(1)		17	D	$27.01	7,340	D
Common Shares of Beneficial Interest	05/09/2012		P(1)		20	A	$25.6573	7,360	D
Common Shares of Beneficial Interest	05/16/2012		P(1)		367	A	$25.0494	9,727(2)	D
Common Shares of Beneficial Interest	06/01/2012		P(1)		42	A	$23.254	9,769	D
Common Shares of Beneficial Interest	06/06/2012		P(1)		20	A	$22.9999	9,789	D
Common Shares of Beneficial Interest	06/15/2012		S(1)		589	D	$23.0813	9,200	D
Common Shares of Beneficial Interest	06/29/2012		S(1)		11	D	$24.5795	9,189	D
Common Shares of Beneficial Interest	07/26/2012		P(1)		2	A	$24.165	9,191	D
Common Shares of Beneficial Interest	10/09/2012		P(1)		16	A	$23.3886	9,207	D
Common Shares of Beneficial Interest	11/13/2012		P(1)		214	A	$22.4908	9,421	D
Common Shares of Beneficial Interest	03/26/2012		P(1)		118	A	$25.9648	118	I	By trust.
Common Shares of Beneficial Interest	04/23/2012		S(1)		6	D	$27.01	112	I	By trust.
Common Shares of Beneficial Interest	05/09/2012		P(1)		7	A	$25.6573	119	I	By trust.
Common Shares of Beneficial Interest	05/16/2012		P(1)		121	A	$25.0494	240	I	By trust.
Common Shares of Beneficial Interest	06/01/2012		P(1)		14	A	$23.254	254	I	By trust.
Common Shares of Beneficial Interest	06/06/2012		P(1)		7	A	$22.9999	261	I	By trust.
Common Shares of Beneficial Interest	06/15/2012		S(1)		195	D	$23.0813	66	I	By trust.
Common Shares of Beneficial Interest	06/29/2012		S(1)		3	D	$24.5795	63	I	By trust.
Common Shares of Beneficial Interest	10/09/2012		P(1)		5	A	$23.3886	68	I	By trust.
Common Shares of Beneficial Interest	11/13/2012		P(1)		71	A	$22.4908	139	I	By 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 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 Securities Underlying Derivative Security (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: 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

Explanation of Responses:

1. The trades reported were made in an investment account at the discretion and control of the reporting person's investment adviser. The reporting person had instructed his investment adviser to not trade in securities of the issuer. Upon discovering that trades in the issuer's securities had possibly been made despite this instruction, the reporting person promptly requested additional information from the investment adviser. Upon confirming that trades had in fact been made in securities of the issuer in which the reporting person had a pecuniary interest, the reporting person reported this matter to the issuer and made this Form 4 filing. The reporting person has submitted payment to the issuer to disgorge profits he realized from these trades ($281.83) in accordance with Section 16(b) of the Securities Exchange Act.

2. Reflects the acquisition of 2,000 Common Shares of Beneficial Ownership on May 9, 2012, as previously reported on the Form 4 filed with the Securities and Exchange Commission on May 10, 2012.

	/s/ Bruce M. Gans	12/03/2012
	** Signature of Reporting Person	Date
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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