PEB

SEC source: 0001474098-25-000011 · wk-form4_1735943335.xml · nonDerivative · entry 1

Martz Raymond D · CIK 0001326594 · Co-President,CFO,Treasurer,Sec

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 249,490

F1 · shares: Represents Common Shares sold to the Issuer as payment of tax withholding upon vesting of 7,133 Common Shares.

SEC source: 0001474098-25-000014 · wk-form4_1735943682.xml · nonDerivative · entry 1

Simi Bonny W · CIK 0001703083 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 28,298

F1 · price: Payment of 50 percent of annual retainer fee for serving on the Board of Trustees of Pebblebrook Hotel Trust in 2024. Per-share value is the average of the closing prices for the Company's common shares on the New York Stock Exchange for the ten trading days preceding the date of payment.

SEC source: 0001474098-25-000010 · wk-form4_1735943300.xml · nonDerivative · entry 1

BORTZ JON E · CIK 0001229310 · Director · Chairman and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,386,572

F1 · shares: Represents Common Shares sold to the Issuer as payment of tax withholding upon vesting of 16,644 Common Shares.

SEC source: 0001474098-24-000145 · wk-form4_1732226293.xml · nonDerivative · entry 1

BORTZ JON E · CIK 0001229310 · Director · Chairman and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,395,284

F1 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $12.59 to $12.84, 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.

SEC source: 0001474098-24-000143 · wk-form4_1731965898.xml · nonDerivative · entry 2

BORTZ JON E · CIK 0001229310 · Director · Chairman and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,382,284

SEC source: 0001474098-24-000143 · wk-form4_1731965898.xml · nonDerivative · entry 1

BORTZ JON E · CIK 0001229310 · Director · Chairman and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,377,284

SEC source: 0001474098-24-000141 · wk-form4_1731706721.xml · nonDerivative · entry 1

BORTZ JON E · CIK 0001229310 · Director · Chairman and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,375,284

F1 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $12.38 to $12.62, 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.

SEC source: 0001474098-24-000139 · wk-form4_1731547793.xml · nonDerivative · entry 3

BORTZ JON E · CIK 0001229310 · Director · Chairman and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 18,000

SEC source: 0001474098-24-000139 · wk-form4_1731547793.xml · nonDerivative · entry 2

BORTZ JON E · CIK 0001229310 · Director · Chairman and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

SEC source: 0001474098-24-000139 · wk-form4_1731547793.xml · nonDerivative · entry 1

BORTZ JON E · CIK 0001229310 · Director · Chairman and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,900

SEC source: 0001474098-24-000106 · wk-form4_1723671005.xml · nonDerivative · entry 2

BORTZ JON E · CIK 0001229310 · Director · Chairman and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,349,284

F2 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $12.27 to $12.3971, 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.

SEC source: 0001474098-24-000106 · wk-form4_1723671005.xml · nonDerivative · entry 1

BORTZ JON E · CIK 0001229310 · Director · Chairman and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,341,284

F1 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $11.99 to $12.33, 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.

SEC source: 0001474098-24-000104 · wk-form4_1722977811.xml · nonDerivative · entry 1

BORTZ JON E · CIK 0001229310 · Director · Chairman and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,319,284

F1 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $11.75 to $12.21, 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.

SEC source: 0001474098-24-000093 · wk-form4_1719607171.xml · nonDerivative · entry 1

Miller Phillip M. · CIK 0001520301 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 13,098

SEC source: 0001474098-24-000089 · wk-form4_1718224473.xml · nonDerivative · entry 2

BORTZ JON E · CIK 0001229310 · Director · Chairman and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,253,284

F2 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $13.55 to $13.62, 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.

SEC source: 0001474098-24-000089 · wk-form4_1718224473.xml · nonDerivative · entry 1

BORTZ JON E · CIK 0001229310 · Director · Chairman and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,237,284

F1 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $13.48 to $13.72, 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.

SEC source: 0001474098-24-000087 · wk-form4_1717187544.xml · nonDerivative · entry 2

BORTZ JON E · CIK 0001229310 · Director · Chairman and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,208,284

F1 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $13.61 to $13.72, 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.

SEC source: 0001474098-24-000087 · wk-form4_1717187544.xml · nonDerivative · entry 1

BORTZ JON E · CIK 0001229310 · Director · Chairman and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,191,284

SEC source: 0001474098-24-000051 · wk-form4_1709072931.xml · nonDerivative · entry 1

Fisher Thomas Charles · CIK 0001480818 · Co-President, C Investmt Ofcr

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 254,449

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.60 to $15.65, 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 sold at each separate price within the ranges set forth in this footnote to this Form 4.

SEC source: 0001474098-24-000050 · wk-form4_1709072915.xml · nonDerivative · entry 1

Martz Raymond D · CIK 0001326594 · Co-President,CFO,Treasurer,Sec

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 253,385

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.59 to $15.86, 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 sold at each separate price within the ranges set forth in this footnote to this Form 4.

SEC source: 0001474098-24-000035 · wk-form4_1708464820.xml · nonDerivative · entry 3

Fisher Thomas Charles · CIK 0001480818 · Co-President, C Investmt Ofcr

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 265,890

F3 · shares: Represents Common Shares sold to the Issuer as payment of tax withholding due upon vesting of 21,696 Common Shares.

SEC source: 0001474098-24-000035 · wk-form4_1708464820.xml · nonDerivative · entry 2

Fisher Thomas Charles · CIK 0001480818 · Co-President, C Investmt Ofcr

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 276,145

F2 · price: The Common Shares were issued to the reporting person upon certification by the Compensation Committee of the Board of the extent to which the performance objectives of the performance-based equity incentive award made in February 2021 to the reporting person had been achieved. The reporting person earned 65.5% of the target number of Common Shares issuable pursuant to the award. For more information on the performance-based equity incentive award, including the performance objectives and measurement period, see the Issuer's Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on March 31, 2022.

SEC source: 0001474098-24-000035 · wk-form4_1708464820.xml · nonDerivative · entry 1

Fisher Thomas Charles · CIK 0001480818 · Co-President, C Investmt Ofcr

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 254,449

F1 · shares: All of these shares are time-vesting restricted common shares that were granted to the reporting person by the Issuer's Board of Trustees (the "Board") under an RSU award agreement. 13,536, 13,535, and 13,535 of these shares shall become vested and nonforfeitable, subject to the reporting person's continued service as an employee of the Issuer or an affiliate, on January 1, 2025, January 1, 2026, and January 1, 2027, respectively.

SEC source: 0001474098-24-000034 · wk-form4_1708464795.xml · derivative · entry 3

Martz Raymond D · CIK 0001326594 · Co-President,CFO,Treasurer,Sec

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 330,553

Underlying: Common Shares · 40,606 shares

Expires not disclosed

F3 · derivative.exercise_price: 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 the Operating Partnership's common units on a one-for-one basis or, at the Operating Partnership's option, an equivalent amount of cash. 13,536, 13,535, and 13,535 LTIP Class B Units will vest on each of January 1, 2025, January 1, 2026, and January 1, 2027, respectively, subject to the reporting person's continued service as an employee of the Issuer. The LTIP Class B Units have no expiration date. The LTIP Class B Units were issued pursuant to the Issuer's 2009 Equity Incentive Plan as amended and restated.

F3 · price: 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 the Operating Partnership's common units on a one-for-one basis or, at the Operating Partnership's option, an equivalent amount of cash. 13,536, 13,535, and 13,535 LTIP Class B Units will vest on each of January 1, 2025, January 1, 2026, and January 1, 2027, respectively, subject to the reporting person's continued service as an employee of the Issuer. The LTIP Class B Units have no expiration date. The LTIP Class B Units were issued pursuant to the Issuer's 2009 Equity Incentive Plan as amended and restated.

F3 · derivative.exercise_date: 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 the Operating Partnership's common units on a one-for-one basis or, at the Operating Partnership's option, an equivalent amount of cash. 13,536, 13,535, and 13,535 LTIP Class B Units will vest on each of January 1, 2025, January 1, 2026, and January 1, 2027, respectively, subject to the reporting person's continued service as an employee of the Issuer. The LTIP Class B Units have no expiration date. The LTIP Class B Units were issued pursuant to the Issuer's 2009 Equity Incentive Plan as amended and restated.

F3 · derivative.expiration_date: 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 the Operating Partnership's common units on a one-for-one basis or, at the Operating Partnership's option, an equivalent amount of cash. 13,536, 13,535, and 13,535 LTIP Class B Units will vest on each of January 1, 2025, January 1, 2026, and January 1, 2027, respectively, subject to the reporting person's continued service as an employee of the Issuer. The LTIP Class B Units have no expiration date. The LTIP Class B Units were issued pursuant to the Issuer's 2009 Equity Incentive Plan as amended and restated.

SEC source: 0001474098-24-000034 · wk-form4_1708464795.xml · nonDerivative · entry 2

Martz Raymond D · CIK 0001326594 · Co-President,CFO,Treasurer,Sec

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 264,826

F2 · shares: Represents Common Shares sold to the Issuer as payment of tax withholding due upon vesting of 21,696 Common Shares.

SEC source: 0001474098-24-000034 · wk-form4_1708464795.xml · nonDerivative · entry 1

Martz Raymond D · CIK 0001326594 · Co-President,CFO,Treasurer,Sec

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 275,430

F1 · price: The Common Shares were issued to the reporting person upon certification by the Compensation Committee of the Board of the extent to which the performance objectives of the performance-based equity incentive award made in February 2021 to the reporting person had been achieved. The reporting person earned 65.5% of the target number of Common Shares issuable pursuant to the award. For more information on the performance-based equity incentive award, including the performance objectives and measurement period, see the Issuer's Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on March 31, 2022.

SEC source: 0001474098-24-000033 · wk-form4_1708464769.xml · derivative · entry 4

BORTZ JON E · CIK 0001229310 · Director · Chairman and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 403,963

Underlying: Common Shares · 95,747 shares

Expires not disclosed

F4 · derivative.exercise_price: 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. 31,916, 31,916, and 31,915 LTIP Class B Units will vest on each of January 1, 2025, January 1, 2026, and January 1, 2027, respectively, subject to the reporting person's continued service as an employee of the Issuer. The LTIP Class B Units have no expiration date. The LTIP Class B Units were issued pursuant to the Issuer's 2009 Equity Incentive Plan as amended and restated.

F4 · price: 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. 31,916, 31,916, and 31,915 LTIP Class B Units will vest on each of January 1, 2025, January 1, 2026, and January 1, 2027, respectively, subject to the reporting person's continued service as an employee of the Issuer. The LTIP Class B Units have no expiration date. The LTIP Class B Units were issued pursuant to the Issuer's 2009 Equity Incentive Plan as amended and restated.

F4 · derivative.exercise_date: 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. 31,916, 31,916, and 31,915 LTIP Class B Units will vest on each of January 1, 2025, January 1, 2026, and January 1, 2027, respectively, subject to the reporting person's continued service as an employee of the Issuer. The LTIP Class B Units have no expiration date. The LTIP Class B Units were issued pursuant to the Issuer's 2009 Equity Incentive Plan as amended and restated.

F4 · derivative.expiration_date: 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. 31,916, 31,916, and 31,915 LTIP Class B Units will vest on each of January 1, 2025, January 1, 2026, and January 1, 2027, respectively, subject to the reporting person's continued service as an employee of the Issuer. The LTIP Class B Units have no expiration date. The LTIP Class B Units were issued pursuant to the Issuer's 2009 Equity Incentive Plan as amended and restated.

SEC source: 0001474098-24-000033 · wk-form4_1708464769.xml · nonDerivative · entry 2

BORTZ JON E · CIK 0001229310 · Director · Chairman and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,188,284

F2 · shares: Represents Common Shares sold to the Issuer as payment of tax upon vesting of 52,827 Common Shares.

SEC source: 0001474098-24-000033 · wk-form4_1708464769.xml · nonDerivative · entry 1

BORTZ JON E · CIK 0001229310 · Director · Chairman and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,205,876

F1 · price: The Common Shares were issued to the reporting person upon certification by the Compensation Committee of the Board of the extent to which the performance objectives of the performance-based equity incentive award made in February 2021 to the reporting person had been achieved. The reporting person earned 65.5% of the target number of Common Shares issuable pursuant to the award. For more information on the performance-based equity incentive award, including the performance objectives and measurement period, see the Issuer's Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on March 31, 2022.

SEC source: 0001474098-24-000018 · wk-form4_1704321398.xml · nonDerivative · entry 1

WEBB EARL E · CIK 0001042560 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 43,082

F1 · price: Payment of 60 percent of annual retainer fee for serving on the Board of Trustees of Pebblebrook Hotel Trust in 2023. Per-share value is the average of the closing prices for the Company's common shares on the New York Stock Exchange for the ten trading days preceding the date of payment.

SEC source: 0001474098-24-000015 · wk-form4_1704321015.xml · nonDerivative · entry 1

Fisher Thomas Charles · CIK 0001480818 · Co-President, C Investmt Ofcr

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 213,843

F1 · shares: Represents Common Shares sold to the Issuer as payment of tax withholding upon vesting of 27,526 Common Shares.

SEC source: 0001474098-24-000020 · wk-form4_1704321450.xml · nonDerivative · entry 1

Jackson Ron E. · CIK 0001478013 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 84,473

F1 · price: Payment of 100 percent of annual retainer fee for serving on the Board of Trustees of Pebblebrook Hotel Trust in 2023. Per-share value is the average of the closing prices for the Company's common shares on the New York Stock Exchange for the ten trading days preceding the date of payment.

SEC source: 0001474098-24-000022 · wk-form4_1704321505.xml · nonDerivative · entry 1

Miller Phillip M. · CIK 0001520301 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 16,598

F1 · price: Payment of 50 percent of annual retainer fee for serving on the Board of Trustees of Pebblebrook Hotel Trust in 2023. Per-share value is the average of the closing prices for the Company's common shares on the New York Stock Exchange for the ten trading days preceding the date of payment.

SEC source: 0001474098-24-000021 · wk-form4_1704321472.xml · nonDerivative · entry 1

Simi Bonny W · CIK 0001703083 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 22,268

F1 · price: Payment of 50 percent of annual retainer fee for serving on the Board of Trustees of Pebblebrook Hotel Trust in 2023. Per-share value is the average of the closing prices for the Company's common shares on the New York Stock Exchange for the ten trading days preceding the date of payment.

SEC source: 0001474098-24-000019 · wk-form4_1704321428.xml · nonDerivative · entry 1

Donnell Cydney · CIK 0001299104 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 75,005

F1 · price: Payment of 100 percent of annual retainer fee for serving on the Board of Trustees of Pebblebrook Hotel Trust in 2023. Per-share value is the average of the closing prices for the Company's common shares on the New York Stock Exchange for the ten trading days preceding the date of payment.

SEC source: 0001474098-24-000017 · wk-form4_1704321373.xml · nonDerivative · entry 1

SCHALL MICHAEL J · CIK 0001198212 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 78,364

F1 · price: Payment of 100 percent of annual retainer fee for serving on the Board of Trustees of Pebblebrook Hotel Trust in 2023. Per-share value is the average of the closing prices for the Company's common shares on the New York Stock Exchange for the ten trading days preceding the date of payment.

F2 · balance_after: The reporting person disclaims beneficial ownership with respect to one-half of all but 1,906 of these shares.

SEC source: 0001474098-24-000014 · wk-form4_1704320969.xml · nonDerivative · entry 1

Martz Raymond D · CIK 0001326594 · Co-President,CFO,Treasurer,Sec

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 253,734

F1 · shares: Represents Common Shares sold to the Issuer as payment of tax withholding upon vesting of 14,494 Common Shares.

SEC source: 0001474098-24-000013 · wk-form4_1704320942.xml · nonDerivative · entry 1

BORTZ JON E · CIK 0001229310 · Director · Chairman and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,153,049

F1 · shares: Represents Common Shares sold to the Issuer as payment of tax withholding upon vesting of 34,567 Common Shares.

SEC source: 0001474098-23-000164 · wk-form4_1699970972.xml · nonDerivative · entry 4

BORTZ JON E · CIK 0001229310 · Director · Chairman and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 22,000

F2 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $15.98 to $16.00, 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.

SEC source: 0001474098-23-000164 · wk-form4_1699970972.xml · nonDerivative · entry 3

BORTZ JON E · CIK 0001229310 · Director · Chairman and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,000

SEC source: 0001474098-23-000162 · wk-form4_1699887269.xml · nonDerivative · entry 4

BORTZ JON E · CIK 0001229310 · Director · Chairman and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,000

F3 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $15.90 to $16.00, 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.

SEC source: 0001474098-23-000162 · wk-form4_1699887269.xml · nonDerivative · entry 3

BORTZ JON E · CIK 0001229310 · Director · Chairman and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 4,000

F2 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $17.75 to $17.81, 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.

SEC source: 0001474098-23-000160 · wk-form4_1699392905.xml · nonDerivative · entry 1

BORTZ JON E · CIK 0001229310 · Director · Chairman and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,165,102

F1 · price: 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.

SEC source: 0001474098-23-000139 · wk-form4_1692649893.xml · nonDerivative · entry 1

Miller Phillip M. · CIK 0001520301 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 11,657

SEC source: 0001474098-23-000125 · wf-form4_168789838463480.xml · nonDerivative · entry 1

BORTZ JON E · CIK 0001229310 · Director · Chairman and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,173,102

F1 · price: This is the weighted average price. These shares were purchased in multiple transactions at prices ranging from $12.58 to $12.72, 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.

SEC source: 0001474098-23-000123 · wf-form4_168755222715053.xml · nonDerivative · entry 2

BORTZ JON E · CIK 0001229310 · Director · Chairman and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,165,102

SEC source: 0001474098-23-000123 · wf-form4_168755222715053.xml · nonDerivative · entry 1

BORTZ JON E · CIK 0001229310 · Director · Chairman and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,164,470

SEC source: 0001474098-23-000120 · wf-form4_168746582757581.xml · nonDerivative · entry 2

BORTZ JON E · CIK 0001229310 · Director · Chairman and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,161,470

F2 · price: This is the weighted average price. These shares were purchased in multiple transactions at prices ranging from $12.55 to $12.67, 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.

SEC source: 0001474098-23-000120 · wf-form4_168746582757581.xml · nonDerivative · entry 1

BORTZ JON E · CIK 0001229310 · Director · Chairman and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,150,102

F1 · price: This is the weighted average price. These shares were purchased in multiple transactions at prices ranging from $12.828 to $12.85, 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.

SEC source: 0001474098-23-000075 · wf-form4_167952229109976.xml · nonDerivative · entry 1

BORTZ JON E · CIK 0001229310 · Director · Chairman and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,122,102

F1 · price: This is the weighted average price. These shares were purchased in multiple transactions at prices ranging from $12.82 to $13.14, 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.