0001571049-16-016656.txt : 20160719 0001571049-16-016656.hdr.sgml : 20160719 20160719201321 ACCESSION NUMBER: 0001571049-16-016656 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160715 FILED AS OF DATE: 20160719 DATE AS OF CHANGE: 20160719 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: PRICE ROBERT E CENTRAL INDEX KEY: 0000934818 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-22793 FILM NUMBER: 161774449 MAIL ADDRESS: STREET 1: 7979 IVANHOE AVE STREET 2: STE 520 CITY: LA JOLLA STATE: CA ZIP: 92037 4 1 price0715.xml FORM 4 X0306 4 2016-07-15 0 0001041803 PRICESMART INC PSMT 0000934818 PRICE ROBERT E 7777 FAY AVE., SUITE 300 LA JOLLA CA 92037 1 0 1 0 Common Stock 2016-07-15 4 J 0 206000 0 D 627825 I As co-manager of The Price Group LLC Common Stock 1870958 I As co-trustee of the Robert and Allison Price Charitable Trust Common Stock 766662 I As co-trustee of the Robert and Allison Price Trust UDT 1/10/75 Common Stock 80 D Common Stock 18805 I As co-trustee of the Sarah Price Trust UTD 9/22/89 Common Stock 18805 I As co-trustee of the David Price Trust UTD 9/22/89 Common Stock 45000 I Family Trusts On July 15, 2016, The Price Group LLC, entered into a restricted property agreement with each of Sherry Bahrambeygui and Jeff Fisher, pursuant to which it agreed to transfer to Ms. Bahrambeygui and Mr. Fisher 150,000 shares and 56,000 shares of the Issuer, respectively, as compensation for their services to The Price Group LLC. Pursuant to each restricted property agreement, the shares will vest and be released to each of Ms. Bahrambeygui and Mr. Fisher on an annual basis in one tenth increments, commencing on July 15, 2016, and subject to the recipient's continued employment on each vest/release date with The Price Group LLC. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. The reporting person and his wife Allison Price are co-trustees of this trust. The reporting person and his wife each disclaim beneficial ownership of the securities held by this trust except to the extent of their respective pecuniary interest therein. The reporting person and his wife Allison Price are co-trustees of this trust. The reporting person serves as co-trustee of this trust with his wife Allison Price and their adult daughter Sarah Price Keating. The reporting person and his wife each disclaim beneficial ownership of the securities held by this trust except to the extent of their respective pecuniary interest therein. The reporting person serves as co-trustee of this trust with his wife Allison Price and their adult son David Price. The reporting person and his wife each disclaim beneficial ownership of the securities held by this trust except to the extent of their pecuniary interest therein. * The reporting person's wife, Allison Price, may also be deemed a greater than 10% beneficial owner of the Issuer's securities in her capacity as co-trustee of each of the trusts identified herein. As such, this Form 4 filing shall be deemed to constitute a Form 4 filing on behalf of both the reporting person and his wife, Allison Price. /s/ Robert E. Price 2016-07-19