-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PXeDoFZhyYmqMoURANVKJn7grvpFk2t1Pjf2sgcPmWXT/VUwKMTjEYMYLBI2X6Jx kjofPltcELYE9l7nIYfDlA== 0001181431-04-054956.txt : 20041124 0001181431-04-054956.hdr.sgml : 20041124 20041124135558 ACCESSION NUMBER: 0001181431-04-054956 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20041123 FILED AS OF DATE: 20041124 DATE AS OF CHANGE: 20041124 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 SOL CENTRAL INDEX KEY: 0000900936 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-22793 FILM NUMBER: 041166486 BUSINESS ADDRESS: STREET 1: 7979 IVANHOE AVE STREET 2: SUITE 520 CITY: LA JOLLA STATE: CA ZIP: 92037 BUSINESS PHONE: 6195512345 MAIL ADDRESS: STREET 1: 7979 IVANHOE AVE STREET 2: STE 520 CITY: LA JOLLA STATE: CA ZIP: 92037 4 1 rrd58343.xml PSMT FORM 4 - SOL PRICE X0202 4 2004-11-23 0 0001041803 PRICESMART INC PSMT 0000900936 PRICE SOL 7979 IVANHOE AVENUE SUITE 520 LA JOLLA CA 92037 0 0 1 0 Common Stock 2004-11-23 4 J 0 61135 10 A 680181 I As director of San Diego Revitalization Corp. Common Stock 2004-11-23 4 J 0 61135 10 A 1129729 D Common Stock 6427503 I As co-manager of The Price Group LLC 8% Series A Cumulative Convertible Redeemable Pref. Stock 37.5 2004-11-23 4 J 0 550 D Common Stock 61135 0 I As director of San Diego Revitalization Corp. 8% Series A Cumulative Convertible Redeemable Pref. Stock 37.5 2004-11-23 4 J 0 550 D Common Stock 61135 0 D The reporting person disclaims beneficial ownership of these securities. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest (if any) therein. The 8% Series A Cumulative Convertible Redeemable Preferred Stock ("Series A Preferred Stock") automatically converts to Common Stock on January 17, 2012 and may be redeemed by PriceSmart for cash at any time on or after January 17, 2007. As trustee for the Sol & Helen Price Trust UTD 2/20/70 ("SHPT"). On November 23, 2004, pursuant to an offer to exchange by PriceSmart (the "Series A Exchange"), San Diego Revitalization Corp. ("SDRC") exchanged all of the Series A Preferred Stock held by SDRC for Common Stock. For purposes of the Series A Exchange, the Common Stock was valued at $10 per share. On November 23, 2004, pursuant to the Series A Exchange, SHPT exchanged all of the Series A Preferred Stock held by SHPT for Common Stock. For purposes of the Series A Exchange, the Common Stock was valued at $10 per share. This number represents the number of shares of Common Stock received pursuant to the Series A Exchange instead of the number of shares into which the Series A Preferred Stock could have been converted pursuant to its terms. /s/ Sol Price 2004-11-24 -----END PRIVACY-ENHANCED MESSAGE-----