PRICESMART INC — Director's Dealing 2022

Oct 28, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PRICESMART INC (PSMT)
CIK: 0001041803
Period of Report: 2022-10-19

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-10-19	Common Stock, $0.0001 par value per share	A	33630	$0.00	Acquired	205548	Direct
2022-10-26	Common Stock, $0.0001 par value per share	F	13242	$63.06	Disposed	192306	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $0.0001 par value per share	43728	Indirect
Common Stock, $0.0001 par value per share	1000	Indirect
Common Stock, $0.0001 par value per share	1000	Indirect

Footnotes

F1: Represents performance stock units as to which target and over-achievement performance criteria were determined to have been met on October 19, 2022. The PSUs remain subject to time-based vesting. 11,210 shares vest on October 26, 2022, 11,210 shares vest on October 26, 2023 and 11,210 shares vest on October 26, 2024, subject to continued service or acceleration of vesting as provided in award agreement.

F2: Not applicable

F3: Represents the withholding of stock to satisfy the reporting person's tax withholding obligation upon the vesting of performance stock units.

F4: 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.

F5: The reported securities are held in a joint account in the name of the Reporting Person and the Reporting Person's son. The Reporting Person disclaims beneficial ownership of these securities except to the extent of her pecuniary interest therein.