Hajime Uba - Feb 1, 2024 Form 4 Insider Report for KURA SUSHI USA, INC. (KRUS)

Role
(a) President, Chief Executive Officer and Chairman of the Board of Directors., Director
Signature
/s/ Brent Takao, Attorney-in-Fact for Hajime Uba
Stock symbol
KRUS
Transactions as of
Feb 1, 2024
Transactions value $
-$13,444
Form type
4
Date filed
2/5/2024, 09:01 PM
Previous filing
Aug 2, 2023
Next filing
Aug 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KRUS Class A Common Stock Award $0 +1.15K +37.68% $0.00 4.19K Feb 1, 2024 Direct F1
transaction KRUS Class A Common Stock Tax liability -$13.4K -137 -3.27% $98.13 4.05K Feb 1, 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 +4.44K $0.00 4.44K Feb 1, 2024 Class A Common Stock 4.44K $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) President, Chief Executive Officer and Chairman of the Board of Directors.