Robert Kluger - 23 Aug 2024 Form 3 Insider Report for KURA SUSHI USA, INC. (KRUS)

Role
Chief Development Officer
Signature
/s/ Brent Takao, Attorney-in-Fact for Robert Kluger
Issuer symbol
KRUS
Transactions as of
23 Aug 2024
Net transactions value
$0
Form type
3
Filing time
28 Aug 2024, 19:00:03 UTC
Next filing
05 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding KRUS Class A Common Stock 970 23 Aug 2024 Direct

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 23 Aug 2024 Class A Common Stock 30,000 $16.83 Direct F1
holding KRUS Option to Purchase Class A Common Stock 23 Aug 2024 Class A Common Stock 5,235 $16.25 Direct F2
holding KRUS Option to Purchase Class A Common Stock 23 Aug 2024 Class A Common Stock 5,130 $22.65 Direct F3
holding KRUS Option to Purchase Class A Common Stock 23 Aug 2024 Class A Common Stock 3,602 $46.15 Direct F4
holding KRUS Option to Purchase Class A Common Stock 23 Aug 2024 Class A Common Stock 2,313 $62.14 Direct F5
holding KRUS Option to Purchase Class A Common Stock 23 Aug 2024 Class A Common Stock 1,685 $98.13 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an option granted on May 1, 2020 under the Issuer's 2018 Incentive Compensation Plan that vested in equal quarterly installments on the last day of each calendar quarter over approximately 48 months after May 1, 2020.
F2 Represents an option granted on May 2, 2020 under the Issuer's 2018 Incentive Compensation Plan that vested in equal quarterly installments on the last day of each calendar quarter over approximately 36 months after May 2, 2020.
F3 Represents an option granted on February 1, 2021 under the Issuer's 2018 Incentive Compensation Plan. One-third of the option shares vested and became exercisable in full February 1, 2022. The remaining option shares continued to vest in equal quarterly installments over a period of 24 months commencing from February 1, 2022.
F4 Represents an option granted on February 1, 2022 under the Issuer's 2018 Incentive Compensation Plan. One-third of the option shares vested and became exercisable in full on February 2, 2023. The remaining option shares vest in equal quarterly installments over a period of 24 months commencing from February 1, 2023.
F5 Represents an option granted on February 1, 2023 under the Issuer's 2018 Incentive Compensation Plan, 25% of which vested February 1, 2024 with the remaining 75% vesting in equal quarterly amounts over a period of 36 months commencing from February 1, 2024.
F6 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:

Exhibit 24 - Power of Attorney