PRICESMART INC — Director's Dealing 2011

Jan 20, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PRICESMART INC (PSMT)
CIK: 0001041803
Period of Report: 2011-01-19

Reporting Person: Barrutieta Gonzalo (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-01-19	Stock Option (right to buy)	$40.40	A	1000	Acquired	2017-01-19	Common Stock (1000)	Direct

Footnotes

F1: The options vest 20% per year from the date of grant.

F2: Not applicable.