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PRICESMART INC — Director's Dealing 2013
Apr 19, 2013
31207_dirs_2013-04-19_1c15328b-1753-4093-9fa3-036a1580152e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PRICESMART INC (PSMT)
CIK: 0001041803
Period of Report: 2013-04-17
Reporting Person: Bahrambeygui Sherry S. (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-04-17 | Common Stock, $0.0001 par value per share | S | 500 | $83.05 | Disposed | 42000 | Indirect |
| 2013-04-18 | Common Stock, $0.0001 par value per share | S | 2000 | $83.1875 | Disposed | 40000 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, $0.0001 par value per share | 1000 | Indirect |
| Common Stock, $0.0001 par value per share | 1000 | Indirect |
| Common Stock, $0.0001 par value per share | 51833 | Direct |
Footnotes
F1: 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.
F2: Reflects the weighted average sale price of the shares sold. The shares were sold in multiple trades at prices ranging from $83.00 to $83.50 per share. Ms. Bahrambeygui will provide to the SEC staff, the issuer or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price.
F3: 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.
F4: Includes 1,050 shares represented by restricted stock units, which vest 33.3% per year beginning on May 1, 2013. Ms. Bahrambeygui previously was awarded shares of PriceSmart, Inc. common stock by The Price Group, LLC, which were subject to forfeiture if Ms. Bahrambeygui ceased to provide services to The Price Group, LLC before her rights to the shares had vested. Vesting on 60,000 shares was accelerated in full on Februrary 22, 2012.