Francisco Velasco - Oct 19, 2023 Form 4 Insider Report for PRICESMART INC (PSMT)

Role
EVP, GC and Secretary
Signature
Michael McCleary
Stock symbol
PSMT
Transactions as of
Oct 19, 2023
Transactions value $
$0
Form type
4
Date filed
10/23/2023, 09:00 PM
Previous filing
Aug 30, 2023
Next filing
Oct 27, 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 +4.11K +15.47% $0.00 30.7K Oct 19, 2023 Direct F1
transaction PSMT Common Stock, $0.0001 par value per share Award $0 +54.3K +176.99% $0.00 85K Oct 23, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance stock units for which target criteria was determined to have been met on October 19, 2023. The PSUs remain subject to time-based vesting. 1,371 shares vest on October 26, 2023, 1,371 shares vest on October 26, 2024 and 1,371 shares vest on October 26, 2025, subject to continued service or acceleration of vesting as provided in award agreement.
F2 Award of restricted stock, subject to vesting. 6,479 of the shares vest October 26, 2024, 9,374 of the shares vest October 26, 2025, 12,826 of the shares vest October 26, 2026, 12,826 of the shares vest October 26, 2027 and 12,826 shares vest October 26, 2028, subject to continued service or acceleration of vesting as provided in award agreement.