Thomas C. Fisher - 01 Jan 2024 Form 4 Insider Report for Pebblebrook Hotel Trust (PEB)

Role
Co-President, C Investmt Ofcr
Signature
/s/ Andrew H. Dittamo, as attorney-in-fact, for Thomas C. Fisher
Issuer symbol
PEB
Transactions as of
01 Jan 2024
Net transactions value
-$221,115
Form type
4
Filing time
03 Jan 2024, 17:30:59 UTC
Previous filing
22 Feb 2023
Next filing
20 Feb 2024
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 $221,115 -13,837 -6.1% $15.98 213,843 01 Jan 2024 Direct F1

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 A Units 9,469 01 Jan 2024 Common Shares 9,469 Direct F2
holding PEB LTIP Class B Units 250,852 01 Jan 2024 Common Shares 250,852 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 27,526 Common Shares.
F2 Represents units of limited partnership interest ("LTIP Class A Units") in Pebblebrook Hotel L.P. (the "Operating Partnership"), of which the Issuer is the general partner. All LTIP Class A Units upon achieving parity with the Operating Partnership units pursuant to the terms of the partnership agreement and 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 A Units were issued pursuant to the Issuer's 2009 Equity Incentive Plan as amended and restated.
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 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.