Sherry S. Bahrambeygui - 29 Sep 2021 Form 4 Insider Report for PRICESMART INC (PSMT)

Role
Chief Executive Officer, Director
Signature
/s/ Francisco Velasco as Attorney-in-fact
Issuer symbol
PSMT
Transactions as of
29 Sep 2021
Net transactions value
$0
Form type
4
Filing time
18 Oct 2021, 21:14:27 UTC
Previous filing
13 Sep 2021
Next filing
22 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, $0.0001 par value per share Award $0 +52,405 +43% $0.000000 175,188 29 Sep 2021 Direct F1, F2
transaction PSMT Common Stock, $0.0001 par value per share Award $0 +27,535 +16% $0.000000 202,723 14 Oct 2021 Direct F3, F4
holding PSMT Common Stock, $0.0001 par value per share 43,728 29 Sep 2021 By Hosey Family Trust F5
holding PSMT Common Stock, $0.0001 par value per share 1,000 29 Sep 2021 By son F6
holding PSMT Common Stock, $0.0001 par value per share 1,000 29 Sep 2021 By son F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award of restricted stock, subject to vesting. 17,469 of the shares vest August 29, 2022, 17,468 of the shares vest August 29, 2023 and 17,468 shares vest August 29, 2024, subject to continued service or acceleration of vesting as provided in award agreement.
F2 Not applicable
F3 Represents performance stock units as to which target and over-achievement performance criteria were determined to have been met on October 14, 2021. The PSUs remain subject to time-based vesting. 11,227 shares vest on October 26, 2021, 9,178 shares vest on October 26, 2022 and 7,130 shares vest on October 26, 2023, subject to continued service or acceleration of vesting as provided in award agreement.
F4 Not applicable.
F5 The reported securities are owned directly or indirectly by the Hosey Family Trust of which the Reporting Person is co-trustee. The Reporting Person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein.
F6 The reported securities are held in a joint account in the name of the Reporting Person and the Reporting Person's son. The Reporting Person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein.