Steven H. Benrubi - 01 Feb 2022 Form 4 Insider Report for KURA SUSHI USA, INC. (KRUS)

Role: CHIEF FINANCIAL OFFICER
Signature: /s/ Steven H. Benrubi
Issuer symbol: KRUS
Transactions as of: 01 Feb 2022
Net transactions value: $0
Form type: 4
Filing time: 02 Feb 2022, 15:26:58 UTC
Previous filing: 02 Dec 2021
SEC: View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	KRUS	Option to Purchase Class A Common Stock	Award	$0	+5,032		$0.000000	5,032	01 Feb 2022	Class A Common Stock	5,032	$46.15	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Option is granted under the issuer's 2018 Incentive Compensation Plan. One-third of the Option shares will vest and become exercisable in full on the date that is 12 months following the date of grant (the "Anniversary Date"). The remaining Option shares will continue to vest in equal quarterly installments on the first day of each quarter starting from May 1, 2023 and over the two years after the Anniversary Date.

Content

The Option is granted under the issuer's 2018 Incentive Compensation Plan. One-third of the Option shares will vest and become exercisable in full on the date that is 12 months following the date of grant (the "Anniversary Date"). The remaining Option shares will continue to vest in equal quarterly installments on the first day of each quarter starting from May 1, 2023 and over the two years after the Anniversary Date.