Sherry S. Bahrambeygui - Oct 19, 2022 Form 4 Insider Report for PRICESMART INC (PSMT)

Role
Chief Executive Officer, Director
Signature
/s/ Francisco Velasco as Attorney-in-fact
Stock symbol
PSMT
Transactions as of
Oct 19, 2022
Transactions value $
-$835,041
Form type
4
Date filed
10/28/2022, 09:21 PM
Previous filing
Aug 31, 2022
Next filing
Jan 18, 2023

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 +33.6K +19.56% $0.00 206K Oct 19, 2022 Direct F1, F2
transaction PSMT Common Stock, $0.0001 par value per share Tax liability -$835K -13.2K -6.44% $63.06 192K Oct 26, 2022 Direct F3
holding PSMT Common Stock, $0.0001 par value per share 43.7K Oct 19, 2022 By Hosey Family Trust F4
holding PSMT Common Stock, $0.0001 par value per share 1K Oct 19, 2022 By son F5
holding PSMT Common Stock, $0.0001 par value per share 1K Oct 19, 2022 By son F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance stock units as to which target and over-achievement performance criteria were determined to have been met on October 19, 2022. The PSUs remain subject to time-based vesting. 11,210 shares vest on October 26, 2022, 11,210 shares vest on October 26, 2023 and 11,210 shares vest on October 26, 2024, subject to continued service or acceleration of vesting as provided in award agreement.
F2 Not applicable
F3 Represents the withholding of stock to satisfy the reporting person's tax withholding obligation upon the vesting of performance stock units.
F4 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.
F5 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.