Form 4 for PEB Pebblebrook Hotel Trust
Accepted 2024-02-20 00:00:00 ET · period of report 2024-02-15 · accession 0001474098-24-000035 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2024-02-20 | 2024-02-15 | PEB | Fisher Thomas Charles | Co-Pres, C Investmt Ofcr | A - Grant | $0.00 | +62.3K | 276.1K | +29% | $0 |
| 2024-02-20 | 2024-02-15 | PEB | Fisher Thomas Charles | Co-Pres, C Investmt Ofcr | F - Tax | $16.13 | -10.3K | 265.9K | -4% | -$165.4K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Shares | 2024-02-15 | A | A | 40,606 | $0.00 | 254,449 | D | — | — | (F1) 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. |
| 2 | Common | Common Shares | 2024-02-15 | F | D | 10,255 | $16.13 | 265,890 | D | — | — | (F3) Represents Common Shares sold to the Issuer as payment of tax withholding due upon vesting of 21,696 Common Shares. |
| 3 | Common | Common Shares | 2024-02-15 | A | A | 21,696 | $0.00 | 276,145 | D | — | — | (F2) 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. |