SEC Form 4 · accession 0001144204-18-053984
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
Oct 15, 2018
Accepted (ET)
Oct 16, 2018 · 1:18 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 StockF2,F3 | Oct 15, 2018 | S | 9,900 | $75.289 | D | 1,628,457 | I | As co-trustee of the Robert and Allison Price Charitable Trust |
| Common StockF3 | Oct 15, 2018 | S | 100 | $76.00 | D | 1,628,357 | I | As co-trustee of the Robert and Allison Price Charitable Trust |
| Common StockF4 | holding | — | — | — | 893,462 | I | As co-trustee of the Robert and Allison Price Trust UDT 1/10/75 | |
| Common Stock | holding | — | — | — | 80 | D | ||
| Common StockF5 | holding | — | — | — | 627,825 | I | As co-manager of The Price Group LLC | |
| Common StockF6 | 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 $74.93 to $75.76. 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.