BORTZ JON E

SEC source: 0001474098-20-000136 · wf-form4_160504279017783.xml · nonDerivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,291

F2 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $20.950 to $21.040, 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: 0001474098-20-000136 · wf-form4_160504279017783.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 25,626

F1 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $20.819 to $20.980, 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: 0001474098-20-000134 · wf-form4_160461030543105.xml · nonDerivative · entry 3

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 55,813

F3 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $20.78340 to $20.87000, 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: 0001474098-20-000134 · wf-form4_160461030543105.xml · nonDerivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 25,090

F2 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $20.94500 to $21.17000, 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: 0001474098-20-000134 · wf-form4_160461030543105.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,600

F1 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.12200 to $21.24000, 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: 0001474098-20-000119 · wf-form4_160028757303766.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,000

F1 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.35 to $21.48, 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: 0001474098-20-000113 · wf-form4_160013381707407.xml · nonDerivative · entry 3

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,986

F2 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.10 to $21.21, 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: 0001474098-20-000113 · wf-form4_160013381707407.xml · nonDerivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,100

F2 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.10 to $21.21, 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: 0001474098-20-000113 · wf-form4_160013381707407.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,493

F1 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.3965 to $21.44, 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: 0001474098-20-000111 · wf-form4_159985508235889.xml · nonDerivative · entry 6

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 44,916

F4 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $20.69 to $20.94, 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: 0001474098-20-000111 · wf-form4_159985508235889.xml · nonDerivative · entry 5

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,672

F3 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $20.97 to $21.10, 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: 0001474098-20-000111 · wf-form4_159985508235889.xml · nonDerivative · entry 4

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 413

F2 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $21.06 to $21.10, 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: 0001474098-20-000111 · wf-form4_159985508235889.xml · nonDerivative · entry 3

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 575

SEC source: 0001474098-20-000111 · wf-form4_159985508235889.xml · nonDerivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,000

F1 · price: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $20.544 to $20.790, 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: 0001474098-20-000111 · wf-form4_159985508235889.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,000

SEC source: 0001474098-20-000096 · wf-form4_159562234825003.xml · derivative · entry 3

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Shares · 109,240 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · derivative.exercise_price: In July 2020, the reporting person converted 109,240 vested restricted units of limited partnership interest ("LTIP Units") in Pebblebrook Hotel LP, (the "Operating Partnership"), of which Pebblebrook Hotel Trust (the "Issuer") is the general partner, into Common Units of the Operating Partnership on a one-for-one basis. On July 24, 2020, the reporting person tendered 109,240 Common Units of the Operating Partnership for redemption. 109,240 of the Common Units were redeemed for an aggregate of 109,240 common shares of beneficial interest, $0.01 par value per share, of the Issuer.

F3 · derivative.exercise_price: Vested LTIP Units, upon achieving parity with Common Units pursuant to the terms of the partnership agreement, may be converted at any time, at the election of the holder, for Common Units on a one-for-basis. The LTIP Units have no expiration date. The LTIP Units were issued pursuant to the Issuer's 2009 Equity Incentive Plan.

F1 · shares: In July 2020, the reporting person converted 109,240 vested restricted units of limited partnership interest ("LTIP Units") in Pebblebrook Hotel LP, (the "Operating Partnership"), of which Pebblebrook Hotel Trust (the "Issuer") is the general partner, into Common Units of the Operating Partnership on a one-for-one basis. On July 24, 2020, the reporting person tendered 109,240 Common Units of the Operating Partnership for redemption. 109,240 of the Common Units were redeemed for an aggregate of 109,240 common shares of beneficial interest, $0.01 par value per share, of the Issuer.

F3 · price: Vested LTIP Units, upon achieving parity with Common Units pursuant to the terms of the partnership agreement, may be converted at any time, at the election of the holder, for Common Units on a one-for-basis. The LTIP Units have no expiration date. The LTIP Units were issued pursuant to the Issuer's 2009 Equity Incentive Plan.

F3 · derivative.exercise_date: Vested LTIP Units, upon achieving parity with Common Units pursuant to the terms of the partnership agreement, may be converted at any time, at the election of the holder, for Common Units on a one-for-basis. The LTIP Units have no expiration date. The LTIP Units were issued pursuant to the Issuer's 2009 Equity Incentive Plan.

F3 · derivative.expiration_date: Vested LTIP Units, upon achieving parity with Common Units pursuant to the terms of the partnership agreement, may be converted at any time, at the election of the holder, for Common Units on a one-for-basis. The LTIP Units have no expiration date. The LTIP Units were issued pursuant to the Issuer's 2009 Equity Incentive Plan.

F1 · derivative.underlying_shares: In July 2020, the reporting person converted 109,240 vested restricted units of limited partnership interest ("LTIP Units") in Pebblebrook Hotel LP, (the "Operating Partnership"), of which Pebblebrook Hotel Trust (the "Issuer") is the general partner, into Common Units of the Operating Partnership on a one-for-one basis. On July 24, 2020, the reporting person tendered 109,240 Common Units of the Operating Partnership for redemption. 109,240 of the Common Units were redeemed for an aggregate of 109,240 common shares of beneficial interest, $0.01 par value per share, of the Issuer.

SEC source: 0001474098-20-000096 · wf-form4_159562234825003.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 915,795

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: In July 2020, the reporting person converted 109,240 vested restricted units of limited partnership interest ("LTIP Units") in Pebblebrook Hotel LP, (the "Operating Partnership"), of which Pebblebrook Hotel Trust (the "Issuer") is the general partner, into Common Units of the Operating Partnership on a one-for-one basis. On July 24, 2020, the reporting person tendered 109,240 Common Units of the Operating Partnership for redemption. 109,240 of the Common Units were redeemed for an aggregate of 109,240 common shares of beneficial interest, $0.01 par value per share, of the Issuer.

SEC source: 0001474098-20-000058 · wf-form4_158508576237860.xml · derivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 109,240

Underlying: Common Shares · 138,606 shares

Expires not disclosed

F1 · derivative.exercise_price: These 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, were awarded by the Board of Trustees of the Issuer (the "Board") to the reporting person on February 12, 2020. On March 22, 2020, the Board terminated the award and such LTIP Class B Units were forfeited. The LTIP Class B Units had no expiration date and were issued pursuant to the Issuer's 2009 Equity Incentive Plan as amended and restated.

F1 · derivative.exercise_date: These 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, were awarded by the Board of Trustees of the Issuer (the "Board") to the reporting person on February 12, 2020. On March 22, 2020, the Board terminated the award and such LTIP Class B Units were forfeited. The LTIP Class B Units had no expiration date and were issued pursuant to the Issuer's 2009 Equity Incentive Plan as amended and restated.

F1 · derivative.expiration_date: These 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, were awarded by the Board of Trustees of the Issuer (the "Board") to the reporting person on February 12, 2020. On March 22, 2020, the Board terminated the award and such LTIP Class B Units were forfeited. The LTIP Class B Units had no expiration date and were issued pursuant to the Issuer's 2009 Equity Incentive Plan as amended and restated.

SEC source: 0001474098-20-000030 · wf-form4_158171970486968.xml · derivative · entry 6

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 247,846

Underlying: Common Shares · 138,606 shares

Expires not disclosed

F6 · 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 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. 34,652, 34,652, 34,651, and 34,651 LTIP Class B Units will vest, subject to the reporting person's continued service as an employee of the Issuer or an affiliate, on January 1, 2023, January 1, 2024, January 1, 2025, and January 1, 2026, respectfully. 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.

F6 · 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 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. 34,652, 34,652, 34,651, and 34,651 LTIP Class B Units will vest, subject to the reporting person's continued service as an employee of the Issuer or an affiliate, on January 1, 2023, January 1, 2024, January 1, 2025, and January 1, 2026, respectfully. 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.

F6 · 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 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. 34,652, 34,652, 34,651, and 34,651 LTIP Class B Units will vest, subject to the reporting person's continued service as an employee of the Issuer or an affiliate, on January 1, 2023, January 1, 2024, January 1, 2025, and January 1, 2026, respectfully. 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.

F6 · 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 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. 34,652, 34,652, 34,651, and 34,651 LTIP Class B Units will vest, subject to the reporting person's continued service as an employee of the Issuer or an affiliate, on January 1, 2023, January 1, 2024, January 1, 2025, and January 1, 2026, respectfully. 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: 0001474098-20-000030 · wf-form4_158171970486968.xml · nonDerivative · entry 4

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 806,555

F4 · shares: Represents Common Shares sold to the Issuer as payment of tax withholding due upon vesting of 13,260 Common Shares.

SEC source: 0001474098-20-000030 · wf-form4_158171970486968.xml · nonDerivative · entry 3

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 812,961

F3 · 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 2017 to the reporting person had been achieved. The reporting person earned 2.9% 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 27, 2018.

SEC source: 0001474098-20-000030 · wf-form4_158171970486968.xml · nonDerivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 811,904

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 December 2013 to the reporting person had been achieved for the measurement period ended December 31, 2019. For that measurement period, the reporting person earned 11.17% 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 28, 2014.

SEC source: 0001474098-20-000030 · wf-form4_158171970486968.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 799,701

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"). 15,220, 15,219, and 15,219 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, 2021, January 1, 2022, and January 1, 2023, respectively.

SEC source: 0001229310-20-000001 · edgar.xml · nonDerivative · entry 1

BORTZ JON E · CIK 0001229310 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,511

SEC source: 0001474098-20-000020 · wf-form4_157800513553519.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 754,043

F1 · shares: Represents Common Shares sold to the Issuer as payment of tax upon vesting of 27,641 Common Shares.

SEC source: 0001209191-19-010794 · doc4.xml · nonDerivative · entry 4

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 767,645

F4 · shares: Represents Common Shares sold to the Issuer as payment of tax withholding due upon vesting of 92,087 Common Shares.

SEC source: 0001209191-19-010794 · doc4.xml · nonDerivative · entry 3

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 812,125

F3 · price: The Common Shares were issued to the reporting person upon certification by the Compensation Committee of the Board of Trustees of the Issuer of the extent to which the performance objectives of the performance-based equity incentive award made in February 2016 to the reporting person had been achieved. The reporting person earned 170.2% 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 28, 2017.

SEC source: 0001209191-19-010794 · doc4.xml · nonDerivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 735,564

F2 · price: The Common Shares were issued to the reporting person upon certification by the Compensation Committee of the Board of Trustees of the Issuer of the extent to which the performance objectives of the performance-based equity incentive award made in December 2013 to the reporting person had been achieved for the measurement period ended December 31, 2018. For that measurement period, the reporting person earned 14.21% 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 28, 2014.

SEC source: 0001209191-19-010794 · doc4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 720,038

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"). 11,685, 11,685, and 11,685 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, 2020, January 1, 2021, and January 1, 2022, respectively.

SEC source: 0001229310-19-000001 · edgar.xml · nonDerivative · entry 1

BORTZ JON E · CIK 0001229310 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,625

SEC source: 0001209191-19-001514 · doc4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 684,983

F1 · shares: Represents Common Shares sold to the Issuer as payment of tax upon vesting of 25,954 Common Shares.

SEC source: 0001209191-18-019320 · doc4.xml · nonDerivative · entry 3

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 697,747

F3 · shares: Represents Common Shares sold to the Issuer as payment of tax withholding due upon vesting of 39,298 Common Shares.

SEC source: 0001209191-18-019320 · doc4.xml · nonDerivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 716,729

F2 · price: The Common Shares were issued to the reporting person upon certification by the Compensation Committee of the Board of Trustees of the Issuer of the extent to which the performance objectives of the performance-based equity incentive award made in February 2015 to the reporting person had been achieved. The reporting person earned 39% 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 29, 2016.

SEC source: 0001209191-18-019320 · doc4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 709,049

F1 · price: The Common Shares were issued to the reporting person upon certification by the Compensation Committee of the Board of Trustees of the Issuer of the extent to which the performance objectives of the performance-based equity incentive award made in December 2013 to the reporting person had been achieved for the measurement period ended December 31, 2017. For that measurement period, the reporting person earned 28.94% 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 28, 2014.

SEC source: 0001209191-18-010469 · doc4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 677,431

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"). 7,873, 7,873, and 7,873 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, 2019, January 1, 2020, and January 1, 2021, respectively.

SEC source: 0001209191-18-001445 · doc4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 653,812

F1 · shares: Represents Common Shares sold to the Issuer as payment of tax upon vesting of 22,491 Common Shares.

SEC source: 0001229310-18-000001 · edgar.xml · nonDerivative · entry 1

BORTZ JON E · CIK 0001229310 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,659

SEC source: 0001209191-17-026859 · doc4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 664,841

F1 · shares: The securities were sold pursuant to a Rule 10b5-1 plan entered into by the reporting person in December 2016.

F2 · price: The securities were sold in multiple transactions at prices per share ranging from $29.66 to $29.71, inclusive. The price shown is a weighted average of the per-share prices in those transactions. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001209191-17-022328 · doc4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 674,937

F1 · shares: The securities sold recently vested under a three-year performance-award agreement awarded on February 4, 2014.

F2 · price: The securities were sold in multiple transactions at prices per share ranging from $27.43 to $27.78, inclusive. The price shown is a weighted average of the per-share prices in those transactions. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001209191-17-020836 · doc4.xml · nonDerivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 706,198

F2 · shares: Represents Common Shares sold to the Issuer as payment of tax withholding due upon vesting of 59,152 Common Shares.

SEC source: 0001209191-17-020836 · doc4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 734,089

F1 · price: The Common Shares were issued to the reporting person upon certification by the Compensation Committee of the Board of Trustees of the Issuer of the extent to which the performance objectives of the performance-based equity incentive award made in February 2014 to the reporting person had been achieved. The reporting person earned 100% of the maximum 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 30, 2015.

SEC source: 0001209191-17-012169 · doc4.xml · nonDerivative · entry 3

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 674,937

F3 · shares: Represents Common Shares sold to the Issuer as payment of tax upon vesting of 5,377 Common Shares.

SEC source: 0001209191-17-012169 · doc4.xml · nonDerivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 677,473

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 December 2013 to the reporting person had been achieved for the measurement period ended December 31, 2016. For that measurement period, the reporting person earned 4.92% 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 28, 2014.

SEC source: 0001209191-17-012169 · doc4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 672,096

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"). 8,084, 8,084, and 8,083 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, 2018, January 1, 2019, and January 1, 2020, respectively.

SEC source: 0001209191-17-001537 · doc4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 647,845

F1 · shares: Represents Common Shares sold to the Issuer as payment of tax withholding due upon vesting of 20,980 restricted Common Shares on January 3, 2017.

SEC source: 0001229310-17-000001 · edgar.xml · nonDerivative · entry 1

BORTZ JON E · CIK 0001229310 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,801

SEC source: 0001209191-16-154424 · doc4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 658,729

F1 · price: The securities were sold in multiple transactions at prices per share ranging from $31.21 to $31.54, inclusive. The price shown is a weighted average of the per-share prices in those transactions. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

SEC source: 0001209191-16-149771 · doc4.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 683,729

F1 · price: The securities were sold in multiple transactions at prices per share ranging from $28.50 to $28.55, inclusive. The price shown is a weighted average of the per-share prices in those transactions. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.