Jon E. Bortz - Nov 12, 2024 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: Nov 12, 2024
Transactions value $: -$235,099
Form type: 4
Date filed: 11/13/2024, 08:29 PM
Previous filing: Aug 14, 2024
Next filing: Nov 15, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PEB	6.375% Series G Preferred Shares	Sale	-$46.5K	-2.1K	-30%	$22.15	4.9K	Nov 12, 2024	Direct
transaction	PEB	6.375% Series G Preferred Shares	Sale	-$109K	-4.9K	-100%	$22.16	0	Nov 12, 2024	Direct
transaction	PEB	5.70% Series H Preferred Shares	Sale	-$80K	-4K	-18.18%	$20.00	18K	Nov 12, 2024	Direct
holding	PEB	Common Shares						200K	Nov 12, 2024	By wife	F1
holding	PEB	Common Shares						1.35M	Nov 12, 2024	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	Nov 12, 2024	Common Shares	404K		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.
F2	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.

Content

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.

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.