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

Role
Chief People Officer
Signature
/s/ Brent Takao, Attorney-in-Fact for Arlene Petokas
Issuer symbol
KRUS
Transactions as of
23 Aug 2024
Net transactions value
$0
Form type
3
Filing time
28 Aug 2024, 20:31:53 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 2,435 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 20,000 $45.75 Direct F1
holding KRUS Option to Purchase Class A Common Stock 23 Aug 2024 Class A Common Stock 2,973 $46.15 Direct F2
holding KRUS Option to Purchase Class A Common Stock 23 Aug 2024 Class A Common Stock 2,228 $62.14 Direct F3
holding KRUS Option to Purchase Class A Common Stock 23 Aug 2024 Class A Common Stock 1,626 $98.13 Direct F4
* 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 October 18, 2021 under the Issuer's 2018 Incentive Compensation Plan. One-fourth of the option shares vested and became exerciseable in full on Otober 18, 2022. The remaining option shares vest in equal quarterly installments over a period of 36 months commencing from October 18, 2024.
F2 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 1, 2023. The remaining option shares vest in equal quarterly installments over a period of 24 months commencing from May 1, 2023.
F3 Represents an option granted on February 1, 2023 under the Issuer's 2018 Incentive Compensation Plan, 25% of which vested on February 1, 2024 with the remaining 75% vesting in equal quarterly amounts over a period of 36 months commencing from February 1, 2024.
F4 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