Michael McCleary - 29 Sep 2021 Form 4 Insider Report for PRICESMART INC (PSMT)

Role
EVP & CFO
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, 21:42:36 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 +5,240 +43% $0.000000 17,548 29 Sep 2021 Direct F1, F2
transaction PSMT Common Stock, $0.0001 par value per share Award $0 +2,155 +12% $0.000000 19,703 14 Oct 2021 Direct F2, F3
* 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. 1,746 shares vest on August 29, 2022, 1,747 shares vest on August 29, 2023 and 1,747 shares vest on August 29, 2024, subject to continued service through each such vesting date.
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. 733 shares vest on October 26, 2021, 743 shares vest on October 26, 2022 and 679 shares vest on October 26, 2023, subject to continued service or acceleration of vesting as provided in award agreement.