PRICESMART INC — Director's Dealing 2019

Oct 18, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PRICESMART INC (PSMT)
CIK: 0001041803
Period of Report: 2019-09-27

Reporting Person: Bahrambeygui Sherry S. (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-09-27	Common Stock, $0.0001 par value per share	A	32739	$0.00	Acquired	141702	Direct
2019-10-16	Common Stock, $0.0001 par value per share	A	1004	$0.00	Acquired	142706	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.0001 par value per share	69728	Indirect
Common Stock, $0.0001 par value per share	1000	Indirect
Common Stock, $0.0001 par value per share	1000	Indirect

Footnotes

F1: Award of restricted stock, subject to vesting. 10,844 of the shares vest August 27, 2020, 12,958 of the shares vest August 26, 2021 and 8,937 shares vest August 25, 2022, subject to continued service through each such vesting date.

F2: Represents performance stock units as to which the performance criteria were determined to have been met at the 50% level on October 16, 2019. The PSUs remain subject to time-based vesting. All shares vest on October 26, 2019, subject to continued service or acceleration of vesting as provided in award agreement.

F3: 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.

F4: The reported securities are held in custodial accounts for the benefit of the Reporting Person's minor children. The Reporting Person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein.