Pebblebrook Hotel Trust 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds. Issuer Purchases of Equity Securities Common Shares Period Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs (1) January 1, 2023 - January 31, 2023 977,100 $ 14.40 897,565 — February 1, 2023 - February 28, 2023 111,556 $ 14.72 68,951 — March 1, 2023 - March 31, 2023 1,957,462 $ 13.81 1,957,462 — Total 3,046,118 $ 14.03 2,923,978 $ 45,970,875 ______________________ (1) On July 17, 2017, we announced that our Board of Trustees authorized a share repurchase program of up to $100.0 million of our outstanding common shares. This program commenced in December 2022. On February 21, 2023, we announced that our Board of Trustees authorized a share repurchase program of up to $150.0 million of our outstanding common shares. This $150.0 million share repurchase program will commence upon the completion of the $100.0 million share repurchase program. Under these programs, we may repurchase common shares from time to time in transactions on the open market or by private agreement. We may suspend or discontinue this program at any time. As of March 31, 2023, $46.0 million of common shares remained available for repurchase under the $100.0 million share repurchase program. Item 3. Defaults Upon Senior Securities. None. Item 4. Mine Safety Disclosures. Not applicable.