Hajime Uba - 01 Feb 2022 Form 4 Insider Report for KURA SUSHI USA, INC. (KRUS)

Role
Officer, Director
Signature
/s/ Steven H. Benrubi, Attorney-in-Fact for Hajime Uba
Issuer symbol
KRUS
Transactions as of
01 Feb 2022
Transactions value $
$0
Form type
4
Date filed
02 Feb 2022, 15:22
Next filing
02 Feb 2023
SEC
View on sec.gov

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 +7.15K $0.00 7.15K 01 Feb 2022 Class A Common Stock 7.15K $46.15 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Option is granted under the issuer's 2018 Incentive Compensation Plan. One-third of the Option shares will vest and become exercisable in full on the date that is 12 months following the date of grant (the "Anniversary Date"). The remaining Option shares will continue to vest in equal quarterly installments on the first day of each quarter starting from May 1, 2023 and over the two years after the Anniversary Date.

Remarks:

(a) Mr. Uba is the President, Chief Executive Officer and Chairman of the Board of Directors. (b) Exhibit 24 - Power of Attorney