0001209191-20-054859.txt : 20201014 0001209191-20-054859.hdr.sgml : 20201014 20201014215620 ACCESSION NUMBER: 0001209191-20-054859 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20201012 FILED AS OF DATE: 20201014 DATE AS OF CHANGE: 20201014 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Velasco Francisco CENTRAL INDEX KEY: 0001679707 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-22793 FILM NUMBER: 201240211 MAIL ADDRESS: STREET 1: PRICESMART, INC. STREET 2: 9740 SCRANTON RD. 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 2020-10-12 0 0001041803 PRICESMART INC PSMT 0001679707 Velasco Francisco 9740 SCRANTON RD. SAN DIEGO CA 92121 0 1 0 0 EVP, GC and Secretary Common Stock, $0.0001 par value per share 2020-10-12 4 A 0 4167 0.00 A 20965 D Common Stock, $0.0001 par value per share 2020-10-14 4 A 0 2459 0.00 A 23424 D Award of restricted stock, subject to vesting. 1,362 of the shares vest August 29, 2021, 1,389 of the shares vest August 29, 2022 and 1,416 shares vest August 29, 2023, subject to continued service through each such vesting date. Represents performance stock units as to which the performance criteria were determined to have been met at the 106.5% level on October 14, 2019. The PSUs remain subject to time-based vesting. 465 shares vest on October 26, 2020, 1,156 shares vest on October 26, 2021 and 838 shares vest on October 26, 2023, subject to continued service or acceleration of vesting as provided in award agreement. /s/ Francisco Velasco 2020-10-14