Jeffrey J. Uttz - 01 Feb 2024 Form 4 Insider Report for KURA SUSHI USA, INC. (KRUS)

Role: Chief Financial Officer
Signature: /s/Brent Takao, Attorney-in-Fact for Jeffrey J. Uttz
Issuer symbol: KRUS
Transactions as of: 01 Feb 2024
Net transactions value: -$9,224
Form type: 4
Filing time: 05 Feb 2024, 21:00:22 UTC
Previous filing: 05 Oct 2023
Next filing: 05 Aug 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KRUS	Class A Common Stock	Award	$0	+745	+21%	$0.000000	4,297	01 Feb 2024	Direct	F1
transaction	KRUS	Class A Common Stock	Tax liability	$9,224	-94	-2.2%	$98.13	4,203	01 Feb 2024	Direct	F2

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	+2,883		$0.000000	2,883	01 Feb 2024	Class A Common Stock	2,883	$98.13	Direct	F3

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

Explanation of Responses:

Id	Content
F1	Represents the grant of restricted stock units to the Reporting Person. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
F2	Represents shares withheld to satisfy the Reporting Person's tax obligations in connection with the vesting of shares of restricted common stock of the Issuer.
F3	Represents an option granted on February 1, 2024 under the Issuer's 2018 Incentive Compensation Plan, 25% of which will vest one year from the date of the grant with the remaining 75% vesting in equal quarterly amounts over a period of 36 months commencing from February 1, 2025.