PEB

SEC source: 0001474098-23-000071 · wf-form4_167943063184446.xml · nonDerivative · entry 1

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

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,111,102

F1 · price: This is the weighted average price. These shares were purchased in multiple transactions at prices ranging from $13.12 to $13.37, 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: 0001474098-23-000067 · wf-form4_167908950367566.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,108,102

F1 · price: This is the weighted-average price. These shares were purchased in multiple transactions at prices ranging from $13.45 to $13.75, 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: 0001474098-23-000063 · wf-form4_167882580569858.xml · nonDerivative · entry 3

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,094,102

F3 · price: 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.

SEC source: 0001474098-23-000063 · wf-form4_167882580569858.xml · nonDerivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,088,102

F2 · price: 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.

SEC source: 0001474098-23-000063 · wf-form4_167882580569858.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,078,102

F1 · price: 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.

SEC source: 0001474098-23-000061 · wf-form4_167848384055064.xml · nonDerivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,068,102

F2 · price: This is the a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $14.13 to $14.71, 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: 0001474098-23-000061 · wf-form4_167848384055064.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,039,967

F1 · price: This is the a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $14.89 to $14.98, 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: 0001474098-23-000059 · wf-form4_167779230245676.xml · nonDerivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,025,102

F2 · price: This is the a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $14.27 to $14.39, 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: 0001474098-23-000059 · wf-form4_167779230245676.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,018,102

F1 · price: This is the a weighted-average price. These shares were purchased in multiple transactions at prices ranging from $14.42 to $14.64, 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: 0001474098-23-000048 · wf-form4_167710200926135.xml · nonDerivative · entry 3

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 227,680

F3 · shares: Represents Common Shares sold to the Issuer as payment of tax withholding due upon vesting of 17,327 Common Shares.

SEC source: 0001474098-23-000048 · wf-form4_167710200926135.xml · nonDerivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 235,821

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 2020 to the reporting person had been achieved. The reporting person earned 61.6% 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 April 1, 2021.

SEC source: 0001474098-23-000048 · wf-form4_167710200926135.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 218,494

F1 · shares: All of these shares are restricted common shares that were granted to the reporting person by the Issuer's Board of Trustees (the "Board"). 13,032, 13,032, and 13,031 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, 2024, January 1, 2025, and January 1, 2026, respectively.

SEC source: 0001474098-23-000049 · wf-form4_167710204210828.xml · derivative · entry 3

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 289,947

Underlying: Common Shares · 39,095 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. 13,032, 13,032, and 13,031 LTIP Class B Units will vest on each of January 1, 2024, January 1, 2025, and January 1, 2026, 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. 13,032, 13,032, and 13,031 LTIP Class B Units will vest on each of January 1, 2024, January 1, 2025, and January 1, 2026, 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. 13,032, 13,032, and 13,031 LTIP Class B Units will vest on each of January 1, 2024, January 1, 2025, and January 1, 2026, 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. 13,032, 13,032, and 13,031 LTIP Class B Units will vest on each of January 1, 2024, January 1, 2025, and January 1, 2026, 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: 0001474098-23-000049 · wf-form4_167710204210828.xml · nonDerivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 261,284

F2 · shares: Represents Common Shares sold to the Issuer as payment of tax withholding due upon vesting of 17,327 Common Shares.

SEC source: 0001474098-23-000049 · wf-form4_167710204210828.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 269,440

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 2020 to the reporting person had been achieved. The reporting person earned 61.6% 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 April 1, 2021.

SEC source: 0001474098-23-000047 · wf-form4_167710198394364.xml · derivative · entry 4

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 308,216

Underlying: Common Shares · 92,181 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 the Operating Partnership's common units on a one-for-one basis or, at the Operating Partnership's option, an equivalent amount of cash. 30,727, 30,727 and 30,727 LTIP Class B Units will vest on each of January 1, 2024, January 1, 2025, and January 1, 2026, 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 the Operating Partnership's common units on a one-for-one basis or, at the Operating Partnership's option, an equivalent amount of cash. 30,727, 30,727 and 30,727 LTIP Class B Units will vest on each of January 1, 2024, January 1, 2025, and January 1, 2026, 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 the Operating Partnership's common units on a one-for-one basis or, at the Operating Partnership's option, an equivalent amount of cash. 30,727, 30,727 and 30,727 LTIP Class B Units will vest on each of January 1, 2024, January 1, 2025, and January 1, 2026, 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 the Operating Partnership's common units on a one-for-one basis or, at the Operating Partnership's option, an equivalent amount of cash. 30,727, 30,727 and 30,727 LTIP Class B Units will vest on each of January 1, 2024, January 1, 2025, and January 1, 2026, 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: 0001474098-23-000047 · wf-form4_167710198394364.xml · nonDerivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,004,102

F2 · shares: Represents Common Shares sold to the Issuer as payment of tax upon vesting of 42,188 Common Shares.

SEC source: 0001474098-23-000047 · wf-form4_167710198394364.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,024,363

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 2020 to the reporting person had been achieved. The reporting person earned 61.6% 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 April 1, 2021.

SEC source: 0001474098-23-000020 · wf-form4_167286917883988.xml · nonDerivative · entry 1

WEBB EARL E · CIK 0001042560 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 36,388

F1 · price: Payment of 65 percent of annual retainer fee for serving on the Board of Trustees of Pebblebrook Hotel Trust in 2022. 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: 0001474098-23-000014 · wf-form4_167286899767671.xml · nonDerivative · entry 1

Fisher Thomas Charles · CIK 0001480818 · EVP, Chief Investment Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 179,399

F1 · shares: Represents Common Shares sold to the Issuer as payment of tax withholding upon vesting of 20,745 Common Shares.

SEC source: 0001474098-23-000015 · wf-form4_167286903655414.xml · nonDerivative · entry 1

Jackson Ron E. · CIK 0001478013 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 73,635

F1 · price: Payment of 100 percent of annual retainer fee for serving on the Board of Trustees of Pebblebrook Hotel Trust in 2022. 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: 0001474098-23-000019 · wf-form4_167286914138050.xml · nonDerivative · entry 1

Simi Bonny W · CIK 0001703083 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,008

F1 · price: Payment of 50 percent of annual retainer fee for serving on the Board of Trustees of Pebblebrook Hotel Trust in 2022. 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: 0001474098-23-000018 · wf-form4_167286911556090.xml · nonDerivative · entry 1

SCHALL MICHAEL J · CIK 0001198212 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 68,482

F1 · price: Payment of 100 percent of annual retainer fee for serving on the Board of Trustees of Pebblebrook Hotel Trust in 2022. 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 500 of these shares.

SEC source: 0001474098-23-000017 · wf-form4_167286908813221.xml · nonDerivative · entry 1

Miller Phillip M. · CIK 0001520301 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,657

F1 · price: Payment of 50 percent of annual retainer fee for serving on the Board of Trustees of Pebblebrook Hotel Trust in 2022. 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: 0001474098-23-000016 · wf-form4_167286906873820.xml · nonDerivative · entry 1

Martz Raymond D · CIK 0001326594 · Exec VP, CFO, Treasurer, Secre

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 252,113

F1 · shares: Represents Common Shares sold to the Issuer as payment of tax withholding upon vesting of 20,745 Common Shares.

SEC source: 0001474098-23-000013 · wf-form4_167286895861850.xml · nonDerivative · entry 1

Donnell Cydney · CIK 0001299104 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 65,123

F1 · price: Payment of 100 percent of annual retainer fee for serving on the Board of Trustees of Pebblebrook Hotel Trust in 2022. 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: 0001474098-23-000012 · wf-form4_167286893055206.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 982,175

F1 · shares: Represents Common Shares sold to the Issuer as payment of tax withholding upon vesting of 49,787 Common Shares.

SEC source: 0001474098-22-000126 · wf-form4_166491540609693.xml · nonDerivative · entry 1

Miller Phillip M. · CIK 0001520301 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,953

SEC source: 0001474098-22-000124 · wf-form4_166439710380728.xml · nonDerivative · entry 1

Miller Phillip M. · CIK 0001520301 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,953

SEC source: 0001474098-22-000095 · wf-form4_165662440535957.xml · nonDerivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,006,830

F2 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $16.46 to $16.91, 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: 0001474098-22-000097 · wf-form4_165705571283063.xml · nonDerivative · entry 1

Jackson Ron E. · CIK 0001478013 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 61,122

SEC source: 0001474098-22-000095 · wf-form4_165662440535957.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 990,830

F1 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $16.31 to $16.35, 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: 0001474098-22-000079 · wf-form4_165273487086204.xml · nonDerivative · entry 1

Fisher Thomas Charles · CIK 0001480818 · EVP, Chief Investment Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 190,027

F1 · shares: All of these shares are restricted common shares that were granted to the reporting person by the Issuer's Board of Trustees. 7,134, 7,133, and 7,133 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, 2023, January 1, 2024, and January 1, 2025, respectively.

SEC source: 0001474098-22-000077 · wf-form4_165273463197450.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 980,830

F1 · shares: All of these shares are restricted common shares that were granted to the reporting person by the Issuer's Board of Trustees. 16,645, 16,644, and 16,644 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, 2023, January 1, 2024, and January 1, 2025, respectively.

SEC source: 0001474098-22-000078 · wf-form4_165273477942460.xml · nonDerivative · entry 1

Martz Raymond D · CIK 0001326594 · Exec VP, CFO, Treasurer, Secre

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 262,751

F1 · shares: All of these shares are restricted common shares that were granted to the reporting person by the Issuer's Board of Trustees. 7,134, 7,133, and 7,133 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, 2023, January 1, 2024, and January 1, 2025, respectively.

SEC source: 0001474098-22-000040 · wf-form4_164565728902006.xml · nonDerivative · entry 1

Fisher Thomas Charles · CIK 0001480818 · EVP, Chief Investment Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 190,027

F1 · shares: All of these shares are restricted common shares that were granted to the reporting person by the Issuer's Board of Trustees. 7,134, 7,133, and 7,133 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, 2023, January 1, 2024, and January 1, 2025, respectively.

SEC source: 0001474098-22-000039 · wf-form4_164565722760597.xml · nonDerivative · entry 1

Martz Raymond D · CIK 0001326594 · Exec VP, CFO, Treasurer, Secre

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 262,751

F1 · shares: All of these shares are restricted common shares that were granted to the reporting person by the Issuer's Board of Trustees. 7,134, 7,133, and 7,133 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, 2023, January 1, 2024, and January 1, 2025, respectively.

SEC source: 0001474098-22-000038 · wf-form4_164565717290787.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 980,830

F1 · shares: All of these shares are restricted common shares that were granted to the reporting person by the Issuer's Board of Trustees. 16,645, 16,644, and 16,644 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, 2023, January 1, 2024, and January 1, 2025, respectively.

SEC source: 0001474098-22-000019 · wf-form4_164133935586355.xml · nonDerivative · entry 1

WEBB EARL E · CIK 0001042560 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,015

F1 · price: Payment of 50 percent of annual retainer fee for serving on the Board of Trustees of Pebblebrook Hotel Trust in 2021. 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: 0001474098-22-000015 · wf-form4_164133920440679.xml · nonDerivative · entry 1

Fisher Thomas Charles · CIK 0001480818 · EVP, Chief Investment Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 168,627

F1 · shares: Represents Common Shares sold to the Issuer as payment of tax upon vesting of 18,412 Common Shares.

SEC source: 0001474098-22-000018 · wf-form4_164133934063695.xml · nonDerivative · entry 1

Jackson Ron E. · CIK 0001478013 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 55,222

F1 · price: Payment of 100 percent of annual retainer fee for serving on the Board of Trustees of Pebblebrook Hotel Trust in 2021. 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: 0001474098-22-000020 · wf-form4_164133940368645.xml · nonDerivative · entry 1

Simi Bonny W · CIK 0001703083 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,936

F1 · price: Payment of 50 percent of annual retainer fee for serving on the Board of Trustees of Pebblebrook Hotel Trust in 2021. 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: 0001474098-22-000021 · wf-form4_164133943124781.xml · nonDerivative · entry 1

Donnell Cydney · CIK 0001299104 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 53,714

F1 · price: Payment of 100 percent of annual retainer fee for serving on the Board of Trustees of Pebblebrook Hotel Trust in 2021. 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: 0001474098-22-000017 · wf-form4_164133932257943.xml · nonDerivative · entry 1

SCHALL MICHAEL J · CIK 0001198212 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 57,073

F1 · price: Payment of 100 percent of annual retainer fee for serving on the Board of Trustees of Pebblebrook Hotel Trust in 2021. 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: 0001474098-22-000016 · wf-form4_164133928193887.xml · nonDerivative · entry 1

Miller Phillip M. · CIK 0001520301 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 25,153

F1 · price: Payment of 50 percent of annual retainer fee for serving on the Board of Trustees of Pebblebrook Hotel Trust in 2021. 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: 0001474098-22-000014 · wf-form4_164133916576169.xml · nonDerivative · entry 1

Martz Raymond D · CIK 0001326594 · Exec VP, CFO, Treasurer, Secre

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 241,351

F1 · shares: Represents Common Shares sold to the Issuer as payment of tax upon vesting of 18,412 Common Shares.

SEC source: 0001474098-22-000013 · wf-form4_164133912831433.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 930,897

F1 · shares: Represents Common Shares sold to the Issuer as payment of tax upon vesting of 44,827 Common Shares.

SEC source: 0001474098-22-000002 · wf-form4_164121462023122.xml · nonDerivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

SEC source: 0001474098-22-000002 · wf-form4_164121462023122.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 952,876

F1 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.35 to $22.51, 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: 0001474098-21-000221 · wf-form4_164081693500618.xml · nonDerivative · entry 3

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,867

F2 · price: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.90 to $24.91, 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.