SEC Form 4 · accession 0001571049-15-006717
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
Aug 11, 2015
Accepted (ET)
Aug 13, 2015 · 6:16 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 StockF1 | Aug 11, 2015 | S | 8,000 | $93.87 | D | 893,871 | I | As co-manager of The Price Group LLC |
| Common StockF2,F1 | Aug 12, 2015 | S | 7,000 | $91.85 | D | 886,871 | I | As co-manager of The Price Group LLC |
| Common Stock | holding | — | — | — | 80 | D | ||
| Common StockF3 | holding | — | — | — | 2,079,461 | I | As co-trustee of the Robert and Allison Price Charitable Trust | |
| Common StockF4 | holding | — | — | — | 725,957 | I | As co-trustee of the Robert and Allison Price Trust UDT 1/10/75 | |
| Common StockF5 | holding | — | — | — | 18,805 | I | As co-trustee of the Sarah Price Trust UTD 9/22/89 | |
| 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
- F1The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- F2This transaction was executed in multiple trades at prices ranging from $91.83 to $92.52. 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 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.
- 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.