JOHN D. HILDEBRANDT - 19 Oct 2022 Form 4 Insider Report for PRICESMART INC (PSMT)

Role
EVP and COO
Signature
/s/ Francisco Velasco as Attorney-in-fact
Issuer symbol
PSMT
Transactions as of
19 Oct 2022
Transactions value $
$-24,152
Form type
4
Filing time
28 Oct 2022, 21:24:15 UTC
Previous filing
04 Oct 2022
Next filing
17 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSMT Common Stock, $0.0001 par value per share Award $0 +2,514 +10% $0.000000 27,569 19 Oct 2022 Direct F1, F2
transaction PSMT Common Stock, $0.0001 par value per share Tax liability $-24,152 -383 -1.39% $63.06 27,186 26 Oct 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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. 840 shares vest on October 26, 2022, 837 shares vest on October 26, 2023 and 837 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.