X0303 4 2011-03-10 0 0001474098 Pebblebrook Hotel Trust PEB 0001229310 BORTZ JON E 2 BETHESDA METRO CENTER SUITE 1530 BETHESDA MD 20814 1 1 0 0 Chairman, President and CEO Common Shares 2011-03-10 4 F 0 3036 21.61 D 180514 D Represents shares sold to the issuer, Pebblebrook Hotel Trust, in payment of taxes due upon vesting of 9,592 restricted shares on March 10, 2011. /s/ Andrew H. Dittamo, as Attorney-in-Fact 2011-03-14