PRICESMART INC — Director's Dealing 2019

Mar 6, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PRICESMART INC (PSMT)
CIK: 0001041803
Period of Report: 2019-03-04

Reporting Person: Bahrambeygui Sherry S. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-03-04	Common Stock, $0.0001 par value per share	F	15753	$0.00	Disposed	112479	Direct
2019-03-04	Common Stock, $0.0001 par value per share	F	1408	$63.90	Disposed	111071	Direct
2019-03-06	Common Stock, $0.0001 par value per share	A	39866	$0.00	Acquired	150937	Direct
2019-03-06	Common Stock, $0.0001 par value per share	A	23264	$0.00	Acquired	174201	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: In connection with the reporting person's service as Interim Chief Executive Officer, she previously received an award of 19,827 shares of restricted stock. In connection with her transition to permanent Chief Executive Officer, vesting of a portion of the award (4,074 shares) was accelerated on March 4, 2019 and the balance of the shares was forfeited.

F2: Represents the withholding of restricted stock to satisfy the reporting person's tax withholding obligation upon the vesting of 4,074 shares of restricted stock.

F3: Award of restricted stock, subject to vesting. 20% of the shares vest August 29, 2019, 45% vest August 29, 2020 and 35% vest August 29, 2021, subject to continued service through each such vesting date.

F4: Award of restricted stock, subject to vesting. 50% of the shares vest August 29, 2019, 25% vest August 29, 2020 and 25% vest August 29, 2021, subject to continued service through each such vesting date.

F5: 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.

F6: 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.