SEC Form 4 · accession 0001144204-18-037419

PRICESMART INC · PSMT

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Robert E Price

Director · 10% Owner

Period of report

Jul 2, 2018

Accepted (ET)

Jul 5, 2018 · 6:31 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001041803

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F2,F3	Jul 2, 2018	S	9,800	$89.5332	D	1,723,557	I	As co-trustee of the Robert and Allison Price Charitable Trust
Common Stock^F3	Jul 2, 2018	S	200	$90.20	D	1,723,357	I	As co-trustee of the Robert and Allison Price Charitable Trust
Common Stock^F4	holding	—	—		—	868,462	I	As co-trustee of the Robert and Allison Price Trust UDT 1/10/75
Common Stock	holding	—	—		—	80	D
Common Stock^F5	holding	—	—		—	627,825	I	As co-manager of The Price Group LLC
Common Stock^F6	holding	—	—		—	18,805	I	As co-trustee of the David Price Trust UTD 9/22/89
Common Stock	holding	—	—		—	45,000	I	Family Trusts

Table II — derivative securities

No Table II lines on this filing.

Explanation of responses

F1Sale of shares pursuant to Rule 10b5-1 plan.
F2This transaction was executed in multiple trades at prices ranging from $89.20 to $90.1500. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3The 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.
F4The reporting person and his wife Allison Price are co-trustees of this trust.
F5The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
F6The 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.

Remarks

* 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.