Jon E. Bortz - Jan 1, 2025 Form 4 Insider Report for Pebblebrook Hotel Trust (PEB)

Role
Chairman and CEO, Director
Signature
/s/ Andrew H. Dittamo, as attorney-in-fact for Jon E Bortz
Stock symbol
PEB
Transactions as of
Jan 1, 2025
Transactions value $
-$118,048
Form type
4
Date filed
1/3/2025, 05:28 PM
Previous filing
Nov 21, 2024
Next filing
Feb 11, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PEB Common Shares Tax liability -$118K -8.71K -0.62% $13.55 1.39M Jan 1, 2025 Direct F1
holding PEB Common Shares 200K Jan 1, 2025 By wife F2
holding PEB 5.70% Series H Preferred Shares 18K Jan 1, 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding PEB LTIP Class B Units 404K Jan 1, 2025 Common Shares 404K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Common Shares sold to the Issuer as payment of tax withholding upon vesting of 16,644 Common Shares.
F2 The reporting person disclaims beneficial ownership of these shares held by an immediate family member sharing his household, and this report should not be deemed an admission that the reporting person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.
F3 Represents restricted units of limited partnership interest ("LTIP Class B Units") in Pebblebrook Hotel, L.P. (the "Operating Partnership"), of which the Issuer is the general partner. Vested LTIP Class B Units, upon achieving parity with the Operating Partnership's common units pursuant to the terms of the partnership agreement, may be exchanged at any time, at the election of the holder, for Operating Partnership units on a one-for-one basis or, at the Operating Partnership's option, an equivalent amount of cash. The LTIP Class B Units were issued pursuant to the Issuer's 2009 Equity Incentive Plan as amended and restated.