Pebblebrook Hotel Trust — Director's Dealing 2020

Mar 24, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Pebblebrook Hotel Trust (PEB)
CIK: 0001474098
Period of Report: 2020-03-22

Reporting Person: Martz Raymond D (Exec VP, CFO, Treasurer, Secre)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-22	LTIP Class B Units	$	D	138606	Disposed		Common Shares (138606.0)	Direct

Footnotes

F1: These 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, were awarded by the Board of Trustees of the Issuer (the "Board") to the reporting person on February 12, 2020. On March 22, 2020, the Board terminated the award and such LTIP Class B Units were forfeited. The LTIP Class B Units had no expiration date and were issued pursuant to the Issuer's 2009 Equity Incentive Plan as amended and restated.