PRICESMART INC — Director's Dealing 2012

Jan 17, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PRICESMART INC (PSMT)
CIK: 0001041803
Period of Report: 2012-01-12

Reporting Person: JANKS LEON C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-01-12	Common Stock, par value $0.0001	M	1000	$59.11	Acquired	17290	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-01-12	Stock Option (right to buy)	$8.18	M	1000	Disposed	2012-01-24	Common Stock (1000)	Direct

Footnotes

F1: Mr. Janks was granted 1,000 stock options on January 24, 2006. The stock options vested 20% per year beginning on the first anniversary (1/24/2007) of the date of grant.

F2: Not applicable.