Brent Takao - 01 Aug 2022 Form 3 Insider Report for KURA SUSHI USA, INC. (KRUS)

Role
Chief Accounting Officer, Treasurer and Secretary Exhibit 24 - Power of Attorney
Signature
/s/ Brent Takao
Issuer symbol
KRUS
Transactions as of
01 Aug 2022
Net transactions value
$0
Form type
3
Filing time
01 Aug 2022, 20:39:53 UTC
Next filing
02 Feb 2023
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
holding KRUS Option to Purchase Class A Common Stock 01 Aug 2022 Class A Common Stock 25,000 $25.94 Direct F1
holding KRUS Option to Purchase Class A Common Stock 01 Aug 2022 Class A Common Stock 10,000 $16.83 Direct F2
holding KRUS Option to Purchase Class A Common Stock 01 Aug 2022 Class A Common Stock 3,470 $22.65 Direct F3
holding KRUS Option to Purchase Class A Common Stock 01 Aug 2022 Class A Common Stock 2,025 $46.15 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options vest in equal quarterly installments over a four year period beginning on December 31, 2019, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date.
F2 The options vest in equal quarterly installments over a four year period beginning on June 30, 2020, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date.
F3 One-third of the options vested on February 1, 2022, with the remaining options vesting in equal quarterly amounts on the first day of each quarter over a period of 24 months commencing May 1,2022, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date.
F4 One third of the options will vest on February 1, 2023, with the remaining options vesting in equal quarterly amounts on the first day of each quarter over a period of 24 months commencing May 1, 2023, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date.

Remarks:

Chief Accounting Officer, Treasurer and Secretary Exhibit 24 - Power of Attorney