Wayne J. Sadin - 19 Oct 2023 Form 4 Insider Report for PRICESMART INC (PSMT)

Role
EVP and CIO
Signature
Michael McCleary
Issuer symbol
PSMT
Transactions as of
19 Oct 2023
Net transactions value
$0
Form type
4
Filing time
23 Oct 2023, 21:14:56 UTC
Previous filing
30 Aug 2023
Next filing
27 Oct 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 Award $0 +564 +56% $0.000000 1,580 19 Oct 2023 Direct F1
transaction PSMT Common Stock, $0.0001 par value Award $0 +48,985 +3100% $0.000000 50,565 23 Oct 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance stock units for which target criteria was determined to have been met on October 19, 2023. The PSUs remain subject to time-based vesting. 188 shares vest on October 26, 2023, 188 shares vest on October 26, 2024 and 188 shares vest on October 26, 2025, subject to continued service or acceleration of vesting as provided in award agreement.
F2 Award of restricted stock, subject to vesting. 9,462 of the shares vest October 26, 2024, 9,463 of the shares vest October 26, 2025, 10,020 of the shares vest October 26, 2026, 10,020 of the shares vest October 26, 2027 and 10,020 shares vest October 26, 2028, subject to continued service through each such vesting date.