Francisco Velasco - Oct 19, 2022 Form 4 Insider Report for PRICESMART INC (PSMT)

Role
EVP, GC and Secretary
Signature
/s/ Francisco Velasco
Stock symbol
PSMT
Transactions as of
Oct 19, 2022
Transactions value $
-$106,445
Form type
4
Date filed
10/28/2022, 09:26 PM
Previous filing
Oct 4, 2022
Next filing
Apr 17, 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 +3.36K +10.51% $0.00 35.4K Oct 19, 2022 Direct F1, F2
transaction PSMT Common Stock, $0.0001 par value per share Tax liability -$106K -1.69K -4.77% $63.06 33.7K Oct 26, 2022 Direct F3
* 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. 1,124 shares vest on October 26, 2022, 1,120 shares vest on October 26, 2023 and 1,120 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.