Transaction Details

Footnotes

Represents Common Shares sold to the Issuer as payment of tax upon vesting of 42,375 Common Shares. | Represents restricted units of limited partnership interest ("LTIP Class A Units") in Pebblebrook Hotel, L.P. (the "Operating Partnership"), of which the Issuer is the general partner. All LTIP Class A Units have vested and have reached parity with the Operating Partnership units pursuant to the terms of the partnership agreement and 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. The LTIP Class A Units have no expiration date. | Represents restricted units of limited partnership interest ("LTIP Class B Units") in the Operating Partnership, of which the Issuer is the general partner. All LTIP Class B Units have vested and have reached parity with the Operating Partnership units pursuant to the terms of the partnership agreement and may be exchanged at any time, as 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. The LTIP Class B Units have no expiration date.