Filing Details

Accession Number:
0001474098-23-000160
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-11-07 16:35:17
Reporting Period:
2023-11-07
Accepted Time:
2023-11-07 16:35:17
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1474098 Pebblebrook Hotel Trust PEB () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1229310 E Jon Bortz 4747 Bethesda Ave
Suite 1100
Bethesda MD 20814
Chairman And Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Shares Disposition 2023-11-07 8,000 $12.32 1,165,102 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Shares 200,000 Indirect By wife
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Shares LTIP Class B Units $0.00 308,216 308,216 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
308,216 308,216 Direct
Footnotes
  1. This is the weighted average price. These shares were purchased in multiple transactions at prices ranging from $12.30 to $12.34, inclusive. The reporting person undertakes to provide to Pebblebrook Hotel Trust, any security holder of Pebblebrook Hotel Trust or the staff of the United States Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote to this Form 4.
  2. 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.
  3. 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.