Brent Takao - 01 Feb 2024 Form 4 Insider Report for KURA SUSHI USA, INC. (KRUS)

Role
(a) Chief Accounting Officer, Treasurer and Secretary
Signature
/s/ Brent Takao
Issuer symbol
KRUS
Transactions as of
01 Feb 2024
Net transactions value
-$4,318
Form type
4
Filing time
05 Feb 2024, 21:03:39 UTC
Previous filing
17 Jan 2024
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 +382 +23% $0.000000 2,069 01 Feb 2024 Direct F1
transaction KRUS Class A Common Stock Tax liability $4,318 -44 -2.1% $98.13 2,025 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 +1,478 $0.000000 1,478 01 Feb 2024 Class A Common Stock 1,478 $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.

Remarks:

(a) Chief Accounting Officer, Treasurer and Secretary