SEC Form 4 · accession 0001209191-17-022328
Pebblebrook Hotel Trust · PEB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jon E Bortz
Officer — Chairman, President and CEO · Director
Period of report
Mar 21, 2017
Accepted (ET)
Mar 22, 2017 · 4:54 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001474098
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1,F2 | Mar 21, 2017 | S | 31,261 | $27.662 | D | 674,937 | D | |
| Common SharesF3 | holding | — | — | — | 300 | I | By Son | |
| Common SharesF3 | holding | — | — | — | 200,000 | I | By Wife |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The securities sold recently vested under a three-year performance-award agreement awarded on February 4, 2014.
- F2The 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.
- F3The reporting person disclaims beneficial ownership of these shares held by an immediate family member sharing his household, and this report should not be deemed an admission that the reporting person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.