Company: PEB
Filing Date: 2025-04-07
Form Type: DEF 14A
Source: 0001474098-25-000062
Chunk: 59

Company: Pebblebrook Hotel Trust
Filing Date: 2025-04-07
Form: DEF 14A
Chunk 59
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 | -4 |
| Thomas C. Fisher         |     |                   |     |                                                                     |         |     |               |     |           |     |                                                                 |     |               |     |         |     |         |     |                                                    |        |     |    |     |                       |           |     |    |
| Cash Incentive Bonus     |     | February 15, 2024 |     |                                                                     | 285,000 |     |       570,000 |     | 1,140,000 |     |                                                                 |     |               |     |         |     |         |     |                                                    |        |     |    |     |                       |           |     |    |
| Time-Based Equity        |     | February 15, 2024 |     |                                                                     |         |     |               |     |           |     |                                                                 |     |               |     |         |     |         |     |                                                    | 40,606 |     | -3 |     |                       |   654,975 |     |    |
| Performance-Based Equity |     | February 15, 2024 |     |                                                                     |         |     |               |     |           |     |                                                          30,454 |     |               |     |  60,908 |     | 121,816 |     |                                                    |        |     |    |     |                       | 1,238,260 |     | -4 |

(1) In February 2025, the Board approved, as recommended by the Compensation Committee, actual cash incentive and discretionary bonuses for Messrs. Bortz, Martz, and Fisher of $2,017,500, $855,000, and $855,000, respectively, for 2024 performance. For more information about these awards, see “—Compensation Discussion and Analysis—Compensation Program Components—Cash Incentive Bonus – At-Risk / Performance-Based Compensation—Annual Objectives - Performance Achieved.”

(2) For each executive, the actual amount of Common Shares that will be issued upon the applicable vesting date pursuant to the performance-based award will depend on our performance against the long-term objectives defined in the agreements and requires that the recipient remain employed by the Company through the vesting date. For more information regarding the performance criteria for these awards, see “—Compensation Discussion and Analysis—Compensation Program Components—Long-Term Equity Incentive Awards—Performance-Based Vesting.”

(3) The