0001209191-19-059090.txt : 20191204 0001209191-19-059090.hdr.sgml : 20191204 20191204164809 ACCESSION NUMBER: 0001209191-19-059090 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20191016 FILED AS OF DATE: 20191204 DATE AS OF CHANGE: 20191204 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Bahrambeygui Sherry S. CENTRAL INDEX KEY: 0001535066 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-22793 FILM NUMBER: 191268639 MAIL ADDRESS: STREET 1: 9740 SCRANTON ROAD CITY: SAN DIEGO STATE: CA ZIP: 92121 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PRICESMART INC CENTRAL INDEX KEY: 0001041803 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-VARIETY STORES [5331] IRS NUMBER: 330628530 STATE OF INCORPORATION: DE FISCAL YEAR END: 0831 BUSINESS ADDRESS: STREET 1: 9740 SCRANTON ROAD CITY: SAN DIEGO STATE: CA ZIP: 92121 BUSINESS PHONE: 8584048800 MAIL ADDRESS: STREET 1: 9740 SCRANTON ROAD CITY: SAN DIEGO STATE: CA ZIP: 92121 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2019-10-16 0 0001041803 PRICESMART INC PSMT 0001535066 Bahrambeygui Sherry S. 9740 SCRANTON ROAD SAN DIEGO CA 92121-1745 1 1 0 0 Chief Executive Officer Common Stock, $0.0001 par value per share 2019-10-16 4 F 0 2176 65.98 D 139711 D Common Stock, $0.0001 par value per share 69728 I By Hosey Family Trust Common Stock, $0.0001 par value per share 1000 I By son Common Stock, $0.0001 par value per share 1000 I By son Upon vesting of restricted stock awarded to employees, PriceSmart repurchases shares and withholds the amount of the repurchase payment to cover employees' tax withholding obligations. On March 16, 2019, the Compensation Committee approved the acceleration of vesting of 3,986 shares subject to a restricted stock award previously granted to the reporting person. The acceleration corrects an error in the vesting schedule of a March 6, 2019 restricted stock award. As revised, 20% of the shares vested August 29, 2019, 10% of the shares vested October 16, 2019, 45% vest August 29, 2020 and 25% vest August 29, 2021, subject to continued service through each such vesting date. 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. 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. /s/ Francisco Velasco as Attorney-in-fact 2019-12-04