Company: PEB
Filing Date: 2025-04-07
Form Type: DEF 14A
Source: 0001474098-25-000062
Chunk: 77

Company: Pebblebrook Hotel Trust
Filing Date: 2025-04-07
Form: DEF 14A
Chunk 77
---
 | *                                  |
| All trustees and executive officers as a group (9 persons) |     |                                                              | 3,757,463 |     | -4,5,6,7 |     | 3.2%                     |     | 3.1%                               |

* Represents less than one percent of class.

(1) The number of Common Shares and LTIP units beneficially owned is reported on the basis of regulations of the SEC governing the determination of beneficial ownership of securities. Amounts do not include securities that have been authorized for grant under the Equity Incentive Plan to executive officers and employees subject to shareholder approval of the Amendment as described above under “Proposal 4—Background to the Proposal.”

(2) Percentages are based on 118,685,166 Common Shares outstanding as of March 28, 2025. In addition, percentages shown for individuals assume that all LTIP units held by such person are exchanged for Common Shares on a one-for-one basis. The total number of Common Shares outstanding used in calculating such percentages assumes that none of the LTIP units held by other persons are exchanged for Common Shares.

(3) Percentages are based on an aggregate of 119,855,888 Common Shares, LTIP units and OP units outstanding as of March 28, 2025.

(4) This amount includes 255,397 vested LTIP units and 260,734 unvested LTIP units. Mr. Bortz disclaims beneficial ownership with respect to 200,000 of these shares. See “Outstanding Equity Awards at Fiscal Year-End” table for details regarding vesting schedules of the restricted Common Shares.

(5) This amount includes 87,527 shares of unvested restricted Common Shares in the case of Mr. Fisher, granted under, or subject to the same terms and conditions as under, the Equity Incentive Plan and 242,445 vested LTIP units and 135,534 unvested LTIP units in the case of Mr. Martz and 212,314 vested LTIP units and 48,007 unvested LTIP units in the case of Mr. Fisher. See “Outstanding Equity Awards at Fiscal Year-End” table for details regarding vesting schedules of the restricted Common Shares.

(6) Mr. Schall disclaims beneficial ownership with respect to 49,082 of these shares.

(7) 6,500 of these shares, which, as of March 28, 2025,