Home/Filings/4/0001181431-05-034898
4//SEC Filing

PRICESMART INC 4

Accession 0001181431-05-034898

$PSMTCIK 0001041803operating

Filed

Jun 14, 8:00 PM ET

Accepted

Jun 15, 8:59 PM ET

Size

15.8 KB

Accession

0001181431-05-034898

Insider Transaction Report

Form 4
Period: 2005-05-13
CAHILL JAMES
Director
Transactions
  • Sale

    Common Stock

    2005-05-137,088,3690 total(indirect: By LLC)
Holdings
  • Common Stock Option

    Exercise: $39.00Exp: 2010-01-19Common Stock (1,000 underlying)
    1,000
  • Common Stock Option

    Exercise: $40.88Exp: 2009-11-22Common Stock (3,000 underlying)
    3,000
  • Common Stock

    3,875
Footnotes (9)
  • [F1]The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest (if any) therein.
  • [F2]Exercisable immediately.
  • [F3]These options vest 25% annually beginning on the first anniversary (01/19/2001) of the date of grant (01/19/2000).
  • [F4]These options vest 25% annually beginning on the first anniversary (01/24/2002) of the date of grant (01/24/2001).
  • [F5]These options vest 25% annually beginning on the first anniversary (01/17/2003) of the date of grant (01/17/2002).
  • [F6]These options vest 25% annually beginning on the first anniversary (01/22/2004) of the date of grant (01/22/2003).
  • [F7]These options vest 20% annually beginning on the first anniversary (01/08/2005) of the date of grant (01/08/2004).
  • [F8]34% of these options vest on the first anniversary (02/25/2006) of the date of grant (02/25/2005). An additional 33% of these options vest on the second anniversary (02/25/2007) of the date of grant. The final 33% of these options vest on the third anniversary (02/25/2008) of the date of grant.
  • [F9]The assets of The Price Group LLC ("Price Group") include 7,088,369 shares of the common stock of PriceSmart, Inc. On June 13, 2005, the reporting person sold all of his membership interests in the Price Group and ceased to be a member and manager of Price Group. As a result, the reporting person may no longer be deemed to beneficially own, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, any securities held by the Price Group.

Issuer

PRICESMART INC

CIK 0001041803

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001041803

Filing Metadata

Form type
4
Filed
Jun 14, 8:00 PM ET
Accepted
Jun 15, 8:59 PM ET
Size
15.8 KB