Robert E. Price - 27 Sep 2021 Form 4 Insider Report for PRICESMART INC (PSMT)

Role
Director, 10%+ Owner
Signature
/s/ Robert E. Price
Issuer symbol
PSMT
Transactions as of
27 Sep 2021
Net transactions value
-$1,616,318
Form type
4
Filing time
28 Sep 2021, 18:56:17 UTC
Previous filing
15 Sep 2021
Next filing
13 Oct 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSMT Common Stock Gift $0 -23,407 -2.5% $0.000000 922,511 27 Sep 2021 As co-trustee of the Robert and Allison Price Charitable Trust F1
transaction PSMT Common Stock Sale $407,100 -5,000 -0.54% $81.42 917,511 27 Sep 2021 As co-trustee of the Robert and Allison Price Charitable Trust F1, F2
transaction PSMT Common Stock Sale $397,015 -4,950 -0.54% $80.20 912,561 28 Sep 2021 As co-trustee of the Robert and Allison Price Charitable Trust F1, F2, F3
transaction PSMT Common Stock Sale $4,045 -50 -0.01% $80.90 912,511 28 Sep 2021 As co-trustee of the Robert and Allison Price Charitable Trust F1, F2, F4
transaction PSMT Common Stock Gift $0 +23,407 +1.9% $0.000000 1,230,078 27 Sep 2021 As co-trustee of the Robert and Allison Price Trust UDT 1/10/75 F5
transaction PSMT Common Stock Sale $407,100 -5,000 -0.41% $81.42 1,225,078 27 Sep 2021 As co-trustee of the Robert and Allison Price Trust UDT 1/10/75 F2, F5
transaction PSMT Common Stock Sale $397,015 -4,950 -0.4% $80.20 1,220,128 28 Sep 2021 As co-trustee of the Robert and Allison Price Trust UDT 1/10/75 F2, F3, F5
transaction PSMT Common Stock Sale $4,045 -50 -0% $80.90 1,220,078 28 Sep 2021 As co-trustee of the Robert and Allison Price Trust UDT 1/10/75 F2, F4, F5
holding PSMT Common Stock 80 27 Sep 2021 Direct
holding PSMT Common Stock 150,511 27 Sep 2021 As co-manager of The Price Group LLC F6
holding PSMT Common Stock 38,805 27 Sep 2021 As co-trustee of the David Price Trust UTD 9/22/89 F7
holding PSMT Common Stock 45,000 27 Sep 2021 Family Trusts
holding PSMT Common Stock 8,314 27 Sep 2021 As managing member of RARSD LLC F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person and his wife Allison Price are co-trustees of this trust. The reporting person and his wife each disclaim beneficial ownership of the securities held by this trust except to the extent of their respective pecuniary interest therein.
F2 Sale of shares pursuant to Rule 10b5-1 plan.
F3 This transaction was executed in multiple trades at prices ranging from $79.75 to $80.73. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4 This transaction was executed in multiple trades at prices ranging from $80.78 to $81.01. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F5 The reporting person and his wife Allison Price are co-trustees of this trust.
F6 The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
F7 The reporting person serves as co-trustee of this trust with his wife Allison Price and their adult son David Price. The reporting person and his wife each disclaim beneficial ownership of the securities held by this trust except to the extent of their pecuniary interest therein.
F8 The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

Remarks:

The reporting person's wife, Allison Price, may also be deemed a greater than 10% beneficial owner of the Issuer's securities in her capacity as co-trustee of each of the trusts identified herein. As such, this Form 4 filing shall be deemed to constitute a Form 4 filing on behalf of both the reporting person and his wife, Allison Price.