0001474098-23-000063.txt : 20230314 0001474098-23-000063.hdr.sgml : 20230314 20230314163036 ACCESSION NUMBER: 0001474098-23-000063 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230310 FILED AS OF DATE: 20230314 DATE AS OF CHANGE: 20230314 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BORTZ JON E CENTRAL INDEX KEY: 0001229310 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-34571 FILM NUMBER: 23731469 MAIL ADDRESS: STREET 1: 4747 BETHESDA AVENUE STREET 2: SUITE 1100 CITY: BETHESDA STATE: MD ZIP: 20814 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Pebblebrook Hotel Trust CENTRAL INDEX KEY: 0001474098 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 271055421 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 4747 BETHESDA AVENUE STREET 2: SUITE 1100 CITY: BETHESDA STATE: MD ZIP: 20814 BUSINESS PHONE: 240-507-1300 MAIL ADDRESS: STREET 1: 4747 BETHESDA AVENUE STREET 2: SUITE 1100 CITY: BETHESDA STATE: MD ZIP: 20814 4 1 wf-form4_167882580569858.xml FORM 4 X0306 4 2023-03-10 0 0001474098 Pebblebrook Hotel Trust PEB 0001229310 BORTZ JON E 4747 BETHESDA AVE SUITE 1100 BETHESDA MD 20814 1 1 0 0 Chairman and CEO Common Shares 2023-03-10 4 P 0 10000 13.893 A 1078102 D Common Shares 2023-03-13 4 P 0 10000 13.778 A 1088102 D Common Shares 2023-03-14 4 P 0 6000 13.678 A 1094102 D Common Shares 200000 I By wife LTIP Class B Units Common Shares 308216.0 308216 D This is the weighted-average price. These shares were purchased in multiple transactions at prices ranging from $13.83 to $13.97, 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. This is the weighted-average price. These shares were purchased in multiple transactions at prices ranging from $13.72 to $13.81, 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. This is the weighted-average price. These shares were purchased in multiple transactions at prices ranging from $13.58 to $13.77, 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. 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. /s/ Andrew H. Dittamo, as attorney-in-fact, for Jon E Bortz 2023-03-14