PORTNOY BARRY M.

SEC source: 0001104659-17-068575 · a4.xml · nonDerivative · entry 1

PORTNOY BARRY M. · CIK 0001241559 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,500

F1 · price: Transaction reported is grant of shares pursuant to the Issuer's equity compensation plan.

SEC source: 0001209191-17-054172 · doc4.xml · derivative · entry 4

PORTNOY BARRY M. · CIK 0001241559 · Director · Director of Advisor

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 0

Underlying: Common Stock · 6,682 shares

Expires 2017-09-19

F1 · derivative.exercise_price: On August 11, 2017, RMR Real Estate Income Fund (the "Fund") announced the commencement of a pro rata offering (the "Rights Offering") of transferable rights (the "Rights") to holders of the Fund's common shares, as of the record date of August 21, 2017 ("Record Date Shareholder"), entitling the holders of such rights to subscribe for up to an aggregate of 2,550,502 of the Fund's common shares. Record Date Shareholders received one Right for each outstanding whole common share held on the record date. The Rights entitled their holders to purchase one new common share for every three Rights held. The subscription price per common share was $17.74 (the "basic subscription privilege"). The Rights Offering also included an oversubscription privilege, which entitled holders who fully exercised their basic subscription privilege the right to purchase, at a price of $17.74 per common share, additional common shares of the Fund, subject to availability and pro rata allocation (see footnote 2)

F2 · derivative.exercise_price: of shares among Record Date Shareholders exercising such oversubscription privilege. The subscription rights expired on September 19, 2017 at 5:00 p.m. Eastern time.

F1 · date: On August 11, 2017, RMR Real Estate Income Fund (the "Fund") announced the commencement of a pro rata offering (the "Rights Offering") of transferable rights (the "Rights") to holders of the Fund's common shares, as of the record date of August 21, 2017 ("Record Date Shareholder"), entitling the holders of such rights to subscribe for up to an aggregate of 2,550,502 of the Fund's common shares. Record Date Shareholders received one Right for each outstanding whole common share held on the record date. The Rights entitled their holders to purchase one new common share for every three Rights held. The subscription price per common share was $17.74 (the "basic subscription privilege"). The Rights Offering also included an oversubscription privilege, which entitled holders who fully exercised their basic subscription privilege the right to purchase, at a price of $17.74 per common share, additional common shares of the Fund, subject to availability and pro rata allocation (see footnote 2)

F2 · date: of shares among Record Date Shareholders exercising such oversubscription privilege. The subscription rights expired on September 19, 2017 at 5:00 p.m. Eastern time.

F3 · date: Following the conclusion of the Rights Offering, the common shares that were not purchased by other Record Date Shareholders were allocated pro rata among Rights holders exercising their oversubscription privileges based on the number of common shares of the Fund each of those Rights holders owned on the record date and subject to the amount of shares such holder subscribed for. On September 14, 2017, the reporting person and ABP Trust exercised their basic subscription rights and oversubscription privileges in full to purchase common shares of the Fund issued in the Rights Offering. The reporting person purchased 186,271 common shares of the Fund from the exercise of his basic subscription rights (previously reported in a Form 4 filed on September 18, 2017), plus an additional 96,026 common shares of the Fund pursuant to the oversubscription privileges associated with the reporting person's subscription rights on the basis of the Fund's allocation of common shares, (see footnote 4)

F4 · date: of the subscription period. ABP Trust purchased 12,960 common shares of the Fund from the exercise of its basic subscription rights, plus an additional 6,682 common shares of the Fund pursuant to the oversubscription privileges associated with ABP Trust's subscription rights on the basis of the Fund's allocation of common shares, as of the closing of the subscription period. On September 25, 2017, the third-party subscription agent for the Rights Offering determined the allocations to be made to the Record Date Shareholders who exercised their oversubscription privileges.

F1 · price: On August 11, 2017, RMR Real Estate Income Fund (the "Fund") announced the commencement of a pro rata offering (the "Rights Offering") of transferable rights (the "Rights") to holders of the Fund's common shares, as of the record date of August 21, 2017 ("Record Date Shareholder"), entitling the holders of such rights to subscribe for up to an aggregate of 2,550,502 of the Fund's common shares. Record Date Shareholders received one Right for each outstanding whole common share held on the record date. The Rights entitled their holders to purchase one new common share for every three Rights held. The subscription price per common share was $17.74 (the "basic subscription privilege"). The Rights Offering also included an oversubscription privilege, which entitled holders who fully exercised their basic subscription privilege the right to purchase, at a price of $17.74 per common share, additional common shares of the Fund, subject to availability and pro rata allocation (see footnote 2)

F2 · price: of shares among Record Date Shareholders exercising such oversubscription privilege. The subscription rights expired on September 19, 2017 at 5:00 p.m. Eastern time.

F3 · price: Following the conclusion of the Rights Offering, the common shares that were not purchased by other Record Date Shareholders were allocated pro rata among Rights holders exercising their oversubscription privileges based on the number of common shares of the Fund each of those Rights holders owned on the record date and subject to the amount of shares such holder subscribed for. On September 14, 2017, the reporting person and ABP Trust exercised their basic subscription rights and oversubscription privileges in full to purchase common shares of the Fund issued in the Rights Offering. The reporting person purchased 186,271 common shares of the Fund from the exercise of his basic subscription rights (previously reported in a Form 4 filed on September 18, 2017), plus an additional 96,026 common shares of the Fund pursuant to the oversubscription privileges associated with the reporting person's subscription rights on the basis of the Fund's allocation of common shares, (see footnote 4)

F4 · price: of the subscription period. ABP Trust purchased 12,960 common shares of the Fund from the exercise of its basic subscription rights, plus an additional 6,682 common shares of the Fund pursuant to the oversubscription privileges associated with ABP Trust's subscription rights on the basis of the Fund's allocation of common shares, as of the closing of the subscription period. On September 25, 2017, the third-party subscription agent for the Rights Offering determined the allocations to be made to the Record Date Shareholders who exercised their oversubscription privileges.

F5 · ownership.nature: By ABP Trust, of which Mr. Portnoy is a Trustee and owner. ABP Trust exercised its basic subscription right and oversubscription privilege in full on September 14, 2017 and participated in the Fund's allocation of available shares at the close of the subscription period. Mr. Portnoy disclaims beneficial ownership of such securities, except to the extent that he may have a pecuniary interest therein.

SEC source: 0001209191-17-054172 · doc4.xml · derivative · entry 3

PORTNOY BARRY M. · CIK 0001241559 · Director · Director of Advisor

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 96,026 shares

Expires 2017-09-19

F1 · derivative.exercise_price: On August 11, 2017, RMR Real Estate Income Fund (the "Fund") announced the commencement of a pro rata offering (the "Rights Offering") of transferable rights (the "Rights") to holders of the Fund's common shares, as of the record date of August 21, 2017 ("Record Date Shareholder"), entitling the holders of such rights to subscribe for up to an aggregate of 2,550,502 of the Fund's common shares. Record Date Shareholders received one Right for each outstanding whole common share held on the record date. The Rights entitled their holders to purchase one new common share for every three Rights held. The subscription price per common share was $17.74 (the "basic subscription privilege"). The Rights Offering also included an oversubscription privilege, which entitled holders who fully exercised their basic subscription privilege the right to purchase, at a price of $17.74 per common share, additional common shares of the Fund, subject to availability and pro rata allocation (see footnote 2)

F2 · derivative.exercise_price: of shares among Record Date Shareholders exercising such oversubscription privilege. The subscription rights expired on September 19, 2017 at 5:00 p.m. Eastern time.

F1 · date: On August 11, 2017, RMR Real Estate Income Fund (the "Fund") announced the commencement of a pro rata offering (the "Rights Offering") of transferable rights (the "Rights") to holders of the Fund's common shares, as of the record date of August 21, 2017 ("Record Date Shareholder"), entitling the holders of such rights to subscribe for up to an aggregate of 2,550,502 of the Fund's common shares. Record Date Shareholders received one Right for each outstanding whole common share held on the record date. The Rights entitled their holders to purchase one new common share for every three Rights held. The subscription price per common share was $17.74 (the "basic subscription privilege"). The Rights Offering also included an oversubscription privilege, which entitled holders who fully exercised their basic subscription privilege the right to purchase, at a price of $17.74 per common share, additional common shares of the Fund, subject to availability and pro rata allocation (see footnote 2)

F2 · date: of shares among Record Date Shareholders exercising such oversubscription privilege. The subscription rights expired on September 19, 2017 at 5:00 p.m. Eastern time.

F3 · date: Following the conclusion of the Rights Offering, the common shares that were not purchased by other Record Date Shareholders were allocated pro rata among Rights holders exercising their oversubscription privileges based on the number of common shares of the Fund each of those Rights holders owned on the record date and subject to the amount of shares such holder subscribed for. On September 14, 2017, the reporting person and ABP Trust exercised their basic subscription rights and oversubscription privileges in full to purchase common shares of the Fund issued in the Rights Offering. The reporting person purchased 186,271 common shares of the Fund from the exercise of his basic subscription rights (previously reported in a Form 4 filed on September 18, 2017), plus an additional 96,026 common shares of the Fund pursuant to the oversubscription privileges associated with the reporting person's subscription rights on the basis of the Fund's allocation of common shares, (see footnote 4)

F4 · date: of the subscription period. ABP Trust purchased 12,960 common shares of the Fund from the exercise of its basic subscription rights, plus an additional 6,682 common shares of the Fund pursuant to the oversubscription privileges associated with ABP Trust's subscription rights on the basis of the Fund's allocation of common shares, as of the closing of the subscription period. On September 25, 2017, the third-party subscription agent for the Rights Offering determined the allocations to be made to the Record Date Shareholders who exercised their oversubscription privileges.

F1 · price: On August 11, 2017, RMR Real Estate Income Fund (the "Fund") announced the commencement of a pro rata offering (the "Rights Offering") of transferable rights (the "Rights") to holders of the Fund's common shares, as of the record date of August 21, 2017 ("Record Date Shareholder"), entitling the holders of such rights to subscribe for up to an aggregate of 2,550,502 of the Fund's common shares. Record Date Shareholders received one Right for each outstanding whole common share held on the record date. The Rights entitled their holders to purchase one new common share for every three Rights held. The subscription price per common share was $17.74 (the "basic subscription privilege"). The Rights Offering also included an oversubscription privilege, which entitled holders who fully exercised their basic subscription privilege the right to purchase, at a price of $17.74 per common share, additional common shares of the Fund, subject to availability and pro rata allocation (see footnote 2)

F2 · price: of shares among Record Date Shareholders exercising such oversubscription privilege. The subscription rights expired on September 19, 2017 at 5:00 p.m. Eastern time.

F3 · price: Following the conclusion of the Rights Offering, the common shares that were not purchased by other Record Date Shareholders were allocated pro rata among Rights holders exercising their oversubscription privileges based on the number of common shares of the Fund each of those Rights holders owned on the record date and subject to the amount of shares such holder subscribed for. On September 14, 2017, the reporting person and ABP Trust exercised their basic subscription rights and oversubscription privileges in full to purchase common shares of the Fund issued in the Rights Offering. The reporting person purchased 186,271 common shares of the Fund from the exercise of his basic subscription rights (previously reported in a Form 4 filed on September 18, 2017), plus an additional 96,026 common shares of the Fund pursuant to the oversubscription privileges associated with the reporting person's subscription rights on the basis of the Fund's allocation of common shares, (see footnote 4)

F4 · price: of the subscription period. ABP Trust purchased 12,960 common shares of the Fund from the exercise of its basic subscription rights, plus an additional 6,682 common shares of the Fund pursuant to the oversubscription privileges associated with ABP Trust's subscription rights on the basis of the Fund's allocation of common shares, as of the closing of the subscription period. On September 25, 2017, the third-party subscription agent for the Rights Offering determined the allocations to be made to the Record Date Shareholders who exercised their oversubscription privileges.

SEC source: 0001209191-17-054172 · doc4.xml · nonDerivative · entry 2

PORTNOY BARRY M. · CIK 0001241559 · Director · Director of Advisor

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 58,522

F1 · date: On August 11, 2017, RMR Real Estate Income Fund (the "Fund") announced the commencement of a pro rata offering (the "Rights Offering") of transferable rights (the "Rights") to holders of the Fund's common shares, as of the record date of August 21, 2017 ("Record Date Shareholder"), entitling the holders of such rights to subscribe for up to an aggregate of 2,550,502 of the Fund's common shares. Record Date Shareholders received one Right for each outstanding whole common share held on the record date. The Rights entitled their holders to purchase one new common share for every three Rights held. The subscription price per common share was $17.74 (the "basic subscription privilege"). The Rights Offering also included an oversubscription privilege, which entitled holders who fully exercised their basic subscription privilege the right to purchase, at a price of $17.74 per common share, additional common shares of the Fund, subject to availability and pro rata allocation (see footnote 2)

F2 · date: of shares among Record Date Shareholders exercising such oversubscription privilege. The subscription rights expired on September 19, 2017 at 5:00 p.m. Eastern time.

F3 · date: Following the conclusion of the Rights Offering, the common shares that were not purchased by other Record Date Shareholders were allocated pro rata among Rights holders exercising their oversubscription privileges based on the number of common shares of the Fund each of those Rights holders owned on the record date and subject to the amount of shares such holder subscribed for. On September 14, 2017, the reporting person and ABP Trust exercised their basic subscription rights and oversubscription privileges in full to purchase common shares of the Fund issued in the Rights Offering. The reporting person purchased 186,271 common shares of the Fund from the exercise of his basic subscription rights (previously reported in a Form 4 filed on September 18, 2017), plus an additional 96,026 common shares of the Fund pursuant to the oversubscription privileges associated with the reporting person's subscription rights on the basis of the Fund's allocation of common shares, (see footnote 4)

F4 · date: of the subscription period. ABP Trust purchased 12,960 common shares of the Fund from the exercise of its basic subscription rights, plus an additional 6,682 common shares of the Fund pursuant to the oversubscription privileges associated with ABP Trust's subscription rights on the basis of the Fund's allocation of common shares, as of the closing of the subscription period. On September 25, 2017, the third-party subscription agent for the Rights Offering determined the allocations to be made to the Record Date Shareholders who exercised their oversubscription privileges.

F1 · price: On August 11, 2017, RMR Real Estate Income Fund (the "Fund") announced the commencement of a pro rata offering (the "Rights Offering") of transferable rights (the "Rights") to holders of the Fund's common shares, as of the record date of August 21, 2017 ("Record Date Shareholder"), entitling the holders of such rights to subscribe for up to an aggregate of 2,550,502 of the Fund's common shares. Record Date Shareholders received one Right for each outstanding whole common share held on the record date. The Rights entitled their holders to purchase one new common share for every three Rights held. The subscription price per common share was $17.74 (the "basic subscription privilege"). The Rights Offering also included an oversubscription privilege, which entitled holders who fully exercised their basic subscription privilege the right to purchase, at a price of $17.74 per common share, additional common shares of the Fund, subject to availability and pro rata allocation (see footnote 2)

F2 · price: of shares among Record Date Shareholders exercising such oversubscription privilege. The subscription rights expired on September 19, 2017 at 5:00 p.m. Eastern time.

F3 · price: Following the conclusion of the Rights Offering, the common shares that were not purchased by other Record Date Shareholders were allocated pro rata among Rights holders exercising their oversubscription privileges based on the number of common shares of the Fund each of those Rights holders owned on the record date and subject to the amount of shares such holder subscribed for. On September 14, 2017, the reporting person and ABP Trust exercised their basic subscription rights and oversubscription privileges in full to purchase common shares of the Fund issued in the Rights Offering. The reporting person purchased 186,271 common shares of the Fund from the exercise of his basic subscription rights (previously reported in a Form 4 filed on September 18, 2017), plus an additional 96,026 common shares of the Fund pursuant to the oversubscription privileges associated with the reporting person's subscription rights on the basis of the Fund's allocation of common shares, (see footnote 4)

F4 · price: of the subscription period. ABP Trust purchased 12,960 common shares of the Fund from the exercise of its basic subscription rights, plus an additional 6,682 common shares of the Fund pursuant to the oversubscription privileges associated with ABP Trust's subscription rights on the basis of the Fund's allocation of common shares, as of the closing of the subscription period. On September 25, 2017, the third-party subscription agent for the Rights Offering determined the allocations to be made to the Record Date Shareholders who exercised their oversubscription privileges.

F5 · ownership.nature: By ABP Trust, of which Mr. Portnoy is a Trustee and owner. ABP Trust exercised its basic subscription right and oversubscription privilege in full on September 14, 2017 and participated in the Fund's allocation of available shares at the close of the subscription period. Mr. Portnoy disclaims beneficial ownership of such securities, except to the extent that he may have a pecuniary interest therein.

SEC source: 0001209191-17-054172 · doc4.xml · nonDerivative · entry 1

PORTNOY BARRY M. · CIK 0001241559 · Director · Director of Advisor

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 841,110

F1 · date: On August 11, 2017, RMR Real Estate Income Fund (the "Fund") announced the commencement of a pro rata offering (the "Rights Offering") of transferable rights (the "Rights") to holders of the Fund's common shares, as of the record date of August 21, 2017 ("Record Date Shareholder"), entitling the holders of such rights to subscribe for up to an aggregate of 2,550,502 of the Fund's common shares. Record Date Shareholders received one Right for each outstanding whole common share held on the record date. The Rights entitled their holders to purchase one new common share for every three Rights held. The subscription price per common share was $17.74 (the "basic subscription privilege"). The Rights Offering also included an oversubscription privilege, which entitled holders who fully exercised their basic subscription privilege the right to purchase, at a price of $17.74 per common share, additional common shares of the Fund, subject to availability and pro rata allocation (see footnote 2)

F2 · date: of shares among Record Date Shareholders exercising such oversubscription privilege. The subscription rights expired on September 19, 2017 at 5:00 p.m. Eastern time.

F3 · date: Following the conclusion of the Rights Offering, the common shares that were not purchased by other Record Date Shareholders were allocated pro rata among Rights holders exercising their oversubscription privileges based on the number of common shares of the Fund each of those Rights holders owned on the record date and subject to the amount of shares such holder subscribed for. On September 14, 2017, the reporting person and ABP Trust exercised their basic subscription rights and oversubscription privileges in full to purchase common shares of the Fund issued in the Rights Offering. The reporting person purchased 186,271 common shares of the Fund from the exercise of his basic subscription rights (previously reported in a Form 4 filed on September 18, 2017), plus an additional 96,026 common shares of the Fund pursuant to the oversubscription privileges associated with the reporting person's subscription rights on the basis of the Fund's allocation of common shares, (see footnote 4)

F4 · date: of the subscription period. ABP Trust purchased 12,960 common shares of the Fund from the exercise of its basic subscription rights, plus an additional 6,682 common shares of the Fund pursuant to the oversubscription privileges associated with ABP Trust's subscription rights on the basis of the Fund's allocation of common shares, as of the closing of the subscription period. On September 25, 2017, the third-party subscription agent for the Rights Offering determined the allocations to be made to the Record Date Shareholders who exercised their oversubscription privileges.

F1 · price: On August 11, 2017, RMR Real Estate Income Fund (the "Fund") announced the commencement of a pro rata offering (the "Rights Offering") of transferable rights (the "Rights") to holders of the Fund's common shares, as of the record date of August 21, 2017 ("Record Date Shareholder"), entitling the holders of such rights to subscribe for up to an aggregate of 2,550,502 of the Fund's common shares. Record Date Shareholders received one Right for each outstanding whole common share held on the record date. The Rights entitled their holders to purchase one new common share for every three Rights held. The subscription price per common share was $17.74 (the "basic subscription privilege"). The Rights Offering also included an oversubscription privilege, which entitled holders who fully exercised their basic subscription privilege the right to purchase, at a price of $17.74 per common share, additional common shares of the Fund, subject to availability and pro rata allocation (see footnote 2)

F2 · price: of shares among Record Date Shareholders exercising such oversubscription privilege. The subscription rights expired on September 19, 2017 at 5:00 p.m. Eastern time.

F3 · price: Following the conclusion of the Rights Offering, the common shares that were not purchased by other Record Date Shareholders were allocated pro rata among Rights holders exercising their oversubscription privileges based on the number of common shares of the Fund each of those Rights holders owned on the record date and subject to the amount of shares such holder subscribed for. On September 14, 2017, the reporting person and ABP Trust exercised their basic subscription rights and oversubscription privileges in full to purchase common shares of the Fund issued in the Rights Offering. The reporting person purchased 186,271 common shares of the Fund from the exercise of his basic subscription rights (previously reported in a Form 4 filed on September 18, 2017), plus an additional 96,026 common shares of the Fund pursuant to the oversubscription privileges associated with the reporting person's subscription rights on the basis of the Fund's allocation of common shares, (see footnote 4)

F4 · price: of the subscription period. ABP Trust purchased 12,960 common shares of the Fund from the exercise of its basic subscription rights, plus an additional 6,682 common shares of the Fund pursuant to the oversubscription privileges associated with ABP Trust's subscription rights on the basis of the Fund's allocation of common shares, as of the closing of the subscription period. On September 25, 2017, the third-party subscription agent for the Rights Offering determined the allocations to be made to the Record Date Shareholders who exercised their oversubscription privileges.

SEC source: 0001104659-17-057922 · a4.xml · nonDerivative · entry 1

PORTNOY BARRY M. · CIK 0001241559 · Director · 10% owner

ABP Trust · CIK 0001613450 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: Not disclosed

Ownership: Indirect · BY LLC

Disclosed balance after: 600,100

F1 · shares: Shares were acquired directly by Tremont Realty Advisors LLC ("TRA") in a private placement transaction at $20.00 per share. All shares reported are held directly by TRA. TRA is a direct wholly owned subsidiary of The RMR Group LLC ("RMR LLC"), which is a direct majority owned operating subsidiary of The RMR Group Inc. ("RMR INC"), of which Mr. Portnoy is a managing director and controlling shareholder through ABP Trust. Mr. Portnoy is holder of a majority of the shares of beneficial interest in, and a trustee of, ABP Trust. Mr. Portnoy is also a beneficial owner and director of TRA. ABP Trust, RMR INC, RMR LLC and Mr. Portnoy may be deemed to beneficially own the shares owned directly by TRA. Each of ABP Trust and Mr. Portnoy disclaims beneficial ownership of the shares owned by TRA except to the extent of its or his pecuniary interest therein.

F1 · price: Shares were acquired directly by Tremont Realty Advisors LLC ("TRA") in a private placement transaction at $20.00 per share. All shares reported are held directly by TRA. TRA is a direct wholly owned subsidiary of The RMR Group LLC ("RMR LLC"), which is a direct majority owned operating subsidiary of The RMR Group Inc. ("RMR INC"), of which Mr. Portnoy is a managing director and controlling shareholder through ABP Trust. Mr. Portnoy is holder of a majority of the shares of beneficial interest in, and a trustee of, ABP Trust. Mr. Portnoy is also a beneficial owner and director of TRA. ABP Trust, RMR INC, RMR LLC and Mr. Portnoy may be deemed to beneficially own the shares owned directly by TRA. Each of ABP Trust and Mr. Portnoy disclaims beneficial ownership of the shares owned by TRA except to the extent of its or his pecuniary interest therein.

F1 · balance_after: Shares were acquired directly by Tremont Realty Advisors LLC ("TRA") in a private placement transaction at $20.00 per share. All shares reported are held directly by TRA. TRA is a direct wholly owned subsidiary of The RMR Group LLC ("RMR LLC"), which is a direct majority owned operating subsidiary of The RMR Group Inc. ("RMR INC"), of which Mr. Portnoy is a managing director and controlling shareholder through ABP Trust. Mr. Portnoy is holder of a majority of the shares of beneficial interest in, and a trustee of, ABP Trust. Mr. Portnoy is also a beneficial owner and director of TRA. ABP Trust, RMR INC, RMR LLC and Mr. Portnoy may be deemed to beneficially own the shares owned directly by TRA. Each of ABP Trust and Mr. Portnoy disclaims beneficial ownership of the shares owned by TRA except to the extent of its or his pecuniary interest therein.

F1 · ownership.direct: Shares were acquired directly by Tremont Realty Advisors LLC ("TRA") in a private placement transaction at $20.00 per share. All shares reported are held directly by TRA. TRA is a direct wholly owned subsidiary of The RMR Group LLC ("RMR LLC"), which is a direct majority owned operating subsidiary of The RMR Group Inc. ("RMR INC"), of which Mr. Portnoy is a managing director and controlling shareholder through ABP Trust. Mr. Portnoy is holder of a majority of the shares of beneficial interest in, and a trustee of, ABP Trust. Mr. Portnoy is also a beneficial owner and director of TRA. ABP Trust, RMR INC, RMR LLC and Mr. Portnoy may be deemed to beneficially own the shares owned directly by TRA. Each of ABP Trust and Mr. Portnoy disclaims beneficial ownership of the shares owned by TRA except to the extent of its or his pecuniary interest therein.

F1 · ownership.nature: Shares were acquired directly by Tremont Realty Advisors LLC ("TRA") in a private placement transaction at $20.00 per share. All shares reported are held directly by TRA. TRA is a direct wholly owned subsidiary of The RMR Group LLC ("RMR LLC"), which is a direct majority owned operating subsidiary of The RMR Group Inc. ("RMR INC"), of which Mr. Portnoy is a managing director and controlling shareholder through ABP Trust. Mr. Portnoy is holder of a majority of the shares of beneficial interest in, and a trustee of, ABP Trust. Mr. Portnoy is also a beneficial owner and director of TRA. ABP Trust, RMR INC, RMR LLC and Mr. Portnoy may be deemed to beneficially own the shares owned directly by TRA. Each of ABP Trust and Mr. Portnoy disclaims beneficial ownership of the shares owned by TRA except to the extent of its or his pecuniary interest therein.

SEC source: 0001209191-17-053172 · doc4.xml · derivative · entry 4

PORTNOY BARRY M. · CIK 0001241559 · Director · Director of Advisor

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 0

Underlying: Common Stock · 12,960 shares

Expires 2017-09-19

F1 · security: On August 11, 2017, RMR Real Estate Income Fund (the "Fund") announced the commencement of a pro rata offering (the "Rights Offering") of transferable rights (the "Rights") to holders of the Fund's common shares, as of the record date of August 21, 2017 ("Record Date Shareholder"), entitling the holders of such rights to subscribe for up to an aggregate of 2,550,502 of the Fund's common shares. Record Date Shareholders received one Right for each outstanding whole common share held on the record date. The Rights entitle their holders to purchase one new common share for every three Rights held. The subscription price per common share is an estimated $18.64 (the "basic subscription privilege"). The Rights Offering also includes an oversubscription privilege, which will entitle holders who fully exercise their basic subscription privilege the right to purchase, at an estimated price of $18.64 per common share, additional common shares of the Fund, (continued in footnote 2)

F2 · security: subject to availability and pro rata allocation of shares among Record Date Shareholders exercising such oversubscription privilege. The reporting person and ABP Trust exercised their basic subscription right and oversubscription privilege in full and expect to participate in the Fund's allocation of available shares at the close of the subscription period. The subscription rights will expire if they are not exercised by 5:00 p.m. Eastern time on September 19, 2017 (unless otherwise extended).

F1 · derivative.exercise_price: On August 11, 2017, RMR Real Estate Income Fund (the "Fund") announced the commencement of a pro rata offering (the "Rights Offering") of transferable rights (the "Rights") to holders of the Fund's common shares, as of the record date of August 21, 2017 ("Record Date Shareholder"), entitling the holders of such rights to subscribe for up to an aggregate of 2,550,502 of the Fund's common shares. Record Date Shareholders received one Right for each outstanding whole common share held on the record date. The Rights entitle their holders to purchase one new common share for every three Rights held. The subscription price per common share is an estimated $18.64 (the "basic subscription privilege"). The Rights Offering also includes an oversubscription privilege, which will entitle holders who fully exercise their basic subscription privilege the right to purchase, at an estimated price of $18.64 per common share, additional common shares of the Fund, (continued in footnote 2)

F2 · derivative.exercise_price: subject to availability and pro rata allocation of shares among Record Date Shareholders exercising such oversubscription privilege. The reporting person and ABP Trust exercised their basic subscription right and oversubscription privilege in full and expect to participate in the Fund's allocation of available shares at the close of the subscription period. The subscription rights will expire if they are not exercised by 5:00 p.m. Eastern time on September 19, 2017 (unless otherwise extended).

F1 · price: On August 11, 2017, RMR Real Estate Income Fund (the "Fund") announced the commencement of a pro rata offering (the "Rights Offering") of transferable rights (the "Rights") to holders of the Fund's common shares, as of the record date of August 21, 2017 ("Record Date Shareholder"), entitling the holders of such rights to subscribe for up to an aggregate of 2,550,502 of the Fund's common shares. Record Date Shareholders received one Right for each outstanding whole common share held on the record date. The Rights entitle their holders to purchase one new common share for every three Rights held. The subscription price per common share is an estimated $18.64 (the "basic subscription privilege"). The Rights Offering also includes an oversubscription privilege, which will entitle holders who fully exercise their basic subscription privilege the right to purchase, at an estimated price of $18.64 per common share, additional common shares of the Fund, (continued in footnote 2)

F2 · price: subject to availability and pro rata allocation of shares among Record Date Shareholders exercising such oversubscription privilege. The reporting person and ABP Trust exercised their basic subscription right and oversubscription privilege in full and expect to participate in the Fund's allocation of available shares at the close of the subscription period. The subscription rights will expire if they are not exercised by 5:00 p.m. Eastern time on September 19, 2017 (unless otherwise extended).

F1 · derivative.expiration_date: On August 11, 2017, RMR Real Estate Income Fund (the "Fund") announced the commencement of a pro rata offering (the "Rights Offering") of transferable rights (the "Rights") to holders of the Fund's common shares, as of the record date of August 21, 2017 ("Record Date Shareholder"), entitling the holders of such rights to subscribe for up to an aggregate of 2,550,502 of the Fund's common shares. Record Date Shareholders received one Right for each outstanding whole common share held on the record date. The Rights entitle their holders to purchase one new common share for every three Rights held. The subscription price per common share is an estimated $18.64 (the "basic subscription privilege"). The Rights Offering also includes an oversubscription privilege, which will entitle holders who fully exercise their basic subscription privilege the right to purchase, at an estimated price of $18.64 per common share, additional common shares of the Fund, (continued in footnote 2)

F2 · derivative.expiration_date: subject to availability and pro rata allocation of shares among Record Date Shareholders exercising such oversubscription privilege. The reporting person and ABP Trust exercised their basic subscription right and oversubscription privilege in full and expect to participate in the Fund's allocation of available shares at the close of the subscription period. The subscription rights will expire if they are not exercised by 5:00 p.m. Eastern time on September 19, 2017 (unless otherwise extended).

F3 · ownership.nature: By ABP Trust, of which Mr. Portnoy is a Trustee and owner. ABP Trust exercised its basic subscription right and oversubscription privilege in full on September 14, 2017, and expects to participate in the Fund's allocation of available shares at the close of the subscription period. Mr. Portnoy disclaims beneficial ownership of such securities, except to the extent that he may have a pecuniary interest therein.

SEC source: 0001209191-17-053172 · doc4.xml · derivative · entry 3

PORTNOY BARRY M. · CIK 0001241559 · Director · Director of Advisor

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 186,271 shares

Expires 2017-09-19

F1 · security: On August 11, 2017, RMR Real Estate Income Fund (the "Fund") announced the commencement of a pro rata offering (the "Rights Offering") of transferable rights (the "Rights") to holders of the Fund's common shares, as of the record date of August 21, 2017 ("Record Date Shareholder"), entitling the holders of such rights to subscribe for up to an aggregate of 2,550,502 of the Fund's common shares. Record Date Shareholders received one Right for each outstanding whole common share held on the record date. The Rights entitle their holders to purchase one new common share for every three Rights held. The subscription price per common share is an estimated $18.64 (the "basic subscription privilege"). The Rights Offering also includes an oversubscription privilege, which will entitle holders who fully exercise their basic subscription privilege the right to purchase, at an estimated price of $18.64 per common share, additional common shares of the Fund, (continued in footnote 2)

F2 · security: subject to availability and pro rata allocation of shares among Record Date Shareholders exercising such oversubscription privilege. The reporting person and ABP Trust exercised their basic subscription right and oversubscription privilege in full and expect to participate in the Fund's allocation of available shares at the close of the subscription period. The subscription rights will expire if they are not exercised by 5:00 p.m. Eastern time on September 19, 2017 (unless otherwise extended).

F1 · derivative.exercise_price: On August 11, 2017, RMR Real Estate Income Fund (the "Fund") announced the commencement of a pro rata offering (the "Rights Offering") of transferable rights (the "Rights") to holders of the Fund's common shares, as of the record date of August 21, 2017 ("Record Date Shareholder"), entitling the holders of such rights to subscribe for up to an aggregate of 2,550,502 of the Fund's common shares. Record Date Shareholders received one Right for each outstanding whole common share held on the record date. The Rights entitle their holders to purchase one new common share for every three Rights held. The subscription price per common share is an estimated $18.64 (the "basic subscription privilege"). The Rights Offering also includes an oversubscription privilege, which will entitle holders who fully exercise their basic subscription privilege the right to purchase, at an estimated price of $18.64 per common share, additional common shares of the Fund, (continued in footnote 2)

F2 · derivative.exercise_price: subject to availability and pro rata allocation of shares among Record Date Shareholders exercising such oversubscription privilege. The reporting person and ABP Trust exercised their basic subscription right and oversubscription privilege in full and expect to participate in the Fund's allocation of available shares at the close of the subscription period. The subscription rights will expire if they are not exercised by 5:00 p.m. Eastern time on September 19, 2017 (unless otherwise extended).

F1 · price: On August 11, 2017, RMR Real Estate Income Fund (the "Fund") announced the commencement of a pro rata offering (the "Rights Offering") of transferable rights (the "Rights") to holders of the Fund's common shares, as of the record date of August 21, 2017 ("Record Date Shareholder"), entitling the holders of such rights to subscribe for up to an aggregate of 2,550,502 of the Fund's common shares. Record Date Shareholders received one Right for each outstanding whole common share held on the record date. The Rights entitle their holders to purchase one new common share for every three Rights held. The subscription price per common share is an estimated $18.64 (the "basic subscription privilege"). The Rights Offering also includes an oversubscription privilege, which will entitle holders who fully exercise their basic subscription privilege the right to purchase, at an estimated price of $18.64 per common share, additional common shares of the Fund, (continued in footnote 2)

F2 · price: subject to availability and pro rata allocation of shares among Record Date Shareholders exercising such oversubscription privilege. The reporting person and ABP Trust exercised their basic subscription right and oversubscription privilege in full and expect to participate in the Fund's allocation of available shares at the close of the subscription period. The subscription rights will expire if they are not exercised by 5:00 p.m. Eastern time on September 19, 2017 (unless otherwise extended).

F1 · derivative.expiration_date: On August 11, 2017, RMR Real Estate Income Fund (the "Fund") announced the commencement of a pro rata offering (the "Rights Offering") of transferable rights (the "Rights") to holders of the Fund's common shares, as of the record date of August 21, 2017 ("Record Date Shareholder"), entitling the holders of such rights to subscribe for up to an aggregate of 2,550,502 of the Fund's common shares. Record Date Shareholders received one Right for each outstanding whole common share held on the record date. The Rights entitle their holders to purchase one new common share for every three Rights held. The subscription price per common share is an estimated $18.64 (the "basic subscription privilege"). The Rights Offering also includes an oversubscription privilege, which will entitle holders who fully exercise their basic subscription privilege the right to purchase, at an estimated price of $18.64 per common share, additional common shares of the Fund, (continued in footnote 2)

F2 · derivative.expiration_date: subject to availability and pro rata allocation of shares among Record Date Shareholders exercising such oversubscription privilege. The reporting person and ABP Trust exercised their basic subscription right and oversubscription privilege in full and expect to participate in the Fund's allocation of available shares at the close of the subscription period. The subscription rights will expire if they are not exercised by 5:00 p.m. Eastern time on September 19, 2017 (unless otherwise extended).

SEC source: 0001209191-17-053172 · doc4.xml · nonDerivative · entry 2

PORTNOY BARRY M. · CIK 0001241559 · Director · Director of Advisor

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnote

Disclosed balance after: 51,840

F1 · price: On August 11, 2017, RMR Real Estate Income Fund (the "Fund") announced the commencement of a pro rata offering (the "Rights Offering") of transferable rights (the "Rights") to holders of the Fund's common shares, as of the record date of August 21, 2017 ("Record Date Shareholder"), entitling the holders of such rights to subscribe for up to an aggregate of 2,550,502 of the Fund's common shares. Record Date Shareholders received one Right for each outstanding whole common share held on the record date. The Rights entitle their holders to purchase one new common share for every three Rights held. The subscription price per common share is an estimated $18.64 (the "basic subscription privilege"). The Rights Offering also includes an oversubscription privilege, which will entitle holders who fully exercise their basic subscription privilege the right to purchase, at an estimated price of $18.64 per common share, additional common shares of the Fund, (continued in footnote 2)

F2 · price: subject to availability and pro rata allocation of shares among Record Date Shareholders exercising such oversubscription privilege. The reporting person and ABP Trust exercised their basic subscription right and oversubscription privilege in full and expect to participate in the Fund's allocation of available shares at the close of the subscription period. The subscription rights will expire if they are not exercised by 5:00 p.m. Eastern time on September 19, 2017 (unless otherwise extended).

F3 · ownership.nature: By ABP Trust, of which Mr. Portnoy is a Trustee and owner. ABP Trust exercised its basic subscription right and oversubscription privilege in full on September 14, 2017, and expects to participate in the Fund's allocation of available shares at the close of the subscription period. Mr. Portnoy disclaims beneficial ownership of such securities, except to the extent that he may have a pecuniary interest therein.

SEC source: 0001209191-17-053172 · doc4.xml · nonDerivative · entry 1

PORTNOY BARRY M. · CIK 0001241559 · Director · Director of Advisor

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 745,084

F1 · price: On August 11, 2017, RMR Real Estate Income Fund (the "Fund") announced the commencement of a pro rata offering (the "Rights Offering") of transferable rights (the "Rights") to holders of the Fund's common shares, as of the record date of August 21, 2017 ("Record Date Shareholder"), entitling the holders of such rights to subscribe for up to an aggregate of 2,550,502 of the Fund's common shares. Record Date Shareholders received one Right for each outstanding whole common share held on the record date. The Rights entitle their holders to purchase one new common share for every three Rights held. The subscription price per common share is an estimated $18.64 (the "basic subscription privilege"). The Rights Offering also includes an oversubscription privilege, which will entitle holders who fully exercise their basic subscription privilege the right to purchase, at an estimated price of $18.64 per common share, additional common shares of the Fund, (continued in footnote 2)

F2 · price: subject to availability and pro rata allocation of shares among Record Date Shareholders exercising such oversubscription privilege. The reporting person and ABP Trust exercised their basic subscription right and oversubscription privilege in full and expect to participate in the Fund's allocation of available shares at the close of the subscription period. The subscription rights will expire if they are not exercised by 5:00 p.m. Eastern time on September 19, 2017 (unless otherwise extended).

SEC source: 0001104659-17-057662 · a4.xml · nonDerivative · entry 1

PORTNOY BARRY M. · CIK 0001241559 · Director · Managing Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 40,883.48

F1 · balance_after: Includes 337.76 shares acquired under The RMR Group Inc. Dividend Reinvestment Plan since March 29, 2017.

SEC source: 0001104659-17-039633 · a4.xml · nonDerivative · entry 1

PORTNOY BARRY M. · CIK 0001241559 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 547,102.943

F1 · price: Transaction reported is grant of shares pursuant to Issuer's equity compensation plan.

F2 · balance_after: Includes 35,762.182 shares acquired under the Hospitality Properties Trust Dividend Reinvestment Plan.

SEC source: 0001104659-17-034658 · a4.xml · nonDerivative · entry 1

PORTNOY BARRY M. · CIK 0001241559 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 141,866.436

F1 · price: Transaction reported is grant of shares pursuant to the Issuer's equity compensation plan.

F2 · balance_after: Includes 10,660.165 shares acquired under the Select Income REIT Dividend Reinvestment Plan.

SEC source: 0001378453-17-000029 · wf-form4_149522474261553.xml · nonDerivative · entry 1

PORTNOY BARRY M. · CIK 0001241559 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 106,911.6

F1 · price: Transaction reported is grant of shares pursuant to issuer's equity compensation plan.

SEC source: 0001104659-17-034039 · a4.xml · nonDerivative · entry 1

PORTNOY BARRY M. · CIK 0001241559 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 337,918.251

F1 · price: Transaction reported is grant of shares pursuant to the Issuer's equity compensation plan.

F2 · balance_after: Includes 31,268.613 shares acquired under the Senior Housing Properties Trust Dividend Reinvestment Plan since the last Section 16 filing by Mr. Portnoy.

SEC source: 0001104659-17-033613 · a4.xml · nonDerivative · entry 1

PORTNOY BARRY M. · CIK 0001241559 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 611,856.579

F1 · price: Transaction reported is grant of shares pursuant to the Issuer's equity compensation plan.

F2 · balance_after: Includes 48,997.379 shares acquired under the Government Properties Income Trust Dividend Reinvestment Plan by Mr. Portnoy.

SEC source: 0001104659-17-032866 · a4.xml · nonDerivative · entry 1

PORTNOY BARRY M. · CIK 0001241559 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 244,122

F1 · price: Transaction reported is grant of shares pursuant to the issuer's equity compensation plan.

SEC source: 0001104659-17-020436 · a4.xml · nonDerivative · entry 1

PORTNOY BARRY M. · CIK 0001241559 · Director · Managing Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 32,545.72

F1 · price: Transaction reported is grant of shares pursuant to the issuer's equity compensation plan.

F2 · balance_after: Includes 262.72 shares acquired under The RMR Group Inc. Dividend Reinvestment Plan since September 19, 2016.

SEC source: 0001104659-16-156975 · a4.xml · nonDerivative · entry 2

PORTNOY BARRY M. · CIK 0001241559 · Director · 10% owner

10b5-1 filing: Not disclosed

Ownership: Indirect · See footnote

Disclosed balance after: 17,999,999

F1 · balance_after: These shares are held by ABP Acquisition LLC. ABP Acquisition LLC is a wholly owned subsidiary of ABP Trust; Mr. Portnoy, as a trustee and beneficial owner of ABP Trust, may be deemed to be a beneficial owner of these shares, but Mr. Portnoy disclaims such beneficial ownership except to the extent of his pecuniary interest therein.

F1 · ownership.nature: These shares are held by ABP Acquisition LLC. ABP Acquisition LLC is a wholly owned subsidiary of ABP Trust; Mr. Portnoy, as a trustee and beneficial owner of ABP Trust, may be deemed to be a beneficial owner of these shares, but Mr. Portnoy disclaims such beneficial ownership except to the extent of his pecuniary interest therein.

SEC source: 0001104659-16-145517 · a4.xml · nonDerivative · entry 1

PORTNOY BARRY M. · CIK 0001241559 · Director · Managing Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 29,783