4//SEC Filing
MCGRORY JACK 4
Accession 0001181431-08-044226
CIK 0001041803other
Filed
Jul 22, 8:00 PM ET
Accepted
Jul 23, 6:38 PM ET
Size
15.6 KB
Accession
0001181431-08-044226
Insider Transaction Report
Form 4
PRICESMART INCPSMT
MCGRORY JACK
Director
Transactions
- Other
Common Stock
2008-07-15−974,314→ 5,845,890 total(indirect: By LLC)
Holdings
- 3,000
Common Stock Option
Exercise: $35.63Exp: 2010-11-07→ Common Stock (3,000 underlying) - 1,000
Common Stock Option
Exercise: $32.13Exp: 2011-01-24→ Common Stock (1,000 underlying) - 1,000
Common Stock Options
Exercise: $8.18Exp: 2012-01-24→ Common Stock (1,000 underlying)
Footnotes (9)
- [F1]The reporting person disclaims beneficial ownership of these securities for purposes of Sections 13 and 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). In the alternative, if the reporting person were to be deemed to beneficially own these securities for purposes of Section 13 of the Exchange Act, then the reporting person would disclaim beneficial ownership of these securities for purposes of Section 16 of the Exchange Act, except to the extent of his pecuniary interest (if any) therein.
- [F2]These options vest 25% annually beginning on the first anniversary (11/07/2001) of the date of grant (11/07/2000).
- [F3]These options vest 25% annually beginning on the first anniversary (01/24/2002) of the date of grant (01/24/2001).
- [F4]These options vest 25% annually beginning on the first anniversary (01/17/2003) of the date of grant (01/17/2002).
- [F5]These options vest 25% annually beginning on the first anniversary (01/22/2004) of the date of grant (01/22/2003).
- [F6]These options vest 20% annually beginning on the first anniversary (01/08/2005) of the date of grant (01/08/2004).
- [F7]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.
- [F8]These options vest 20% annually beginning on the first anniversary (01/24/2007) of the date of grant (01/24/2006).
- [F9]On July 15, 2008, a member of The Price Group LLC (the "Price Group") elected to withdraw from the Price Group. In connection with such withdrawal, the Price Group will distribute 974,314 shares of PriceSmart Inc. common stock (as well as certain other consideration) to such member in redemption of such member's interest in the Price Group. Such distribution is expected to occur on or around August 14, 2008.
Documents
Issuer
PRICESMART INC
CIK 0001041803
Entity typeother
Related Parties
1- filerCIK 0001241721
Filing Metadata
- Form type
- 4
- Filed
- Jul 22, 8:00 PM ET
- Accepted
- Jul 23, 6:38 PM ET
- Size
- 15.6 KB