Seitaro IshII - Jan 16, 2025 Form 4 Insider Report for KURA SUSHI USA, INC. (KRUS)

Role
Director
Signature
/s/Brent Takao, Attorney-in-Fact for Seitaro Ishii
Stock symbol
KRUS
Transactions as of
Jan 16, 2025
Transactions value $
-$374,528
Form type
4
Date filed
1/21/2025, 07:05 PM
Previous filing
Apr 16, 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 Options Exercise $54K +2.08K +158.57% $25.94 3.4K Jan 16, 2025 Direct
transaction KRUS Class A Common Stock Options Exercise $74.5K +3.29K +96.91% $22.65 6.69K Jan 16, 2025 Direct
transaction KRUS Class A Common Stock Options Exercise $71.3K +1.55K +23.13% $46.15 8.23K Jan 16, 2025 Direct
transaction KRUS Class A Common Stock Sale -$574K -6.92K -84.05% $83.03 1.31K Jan 16, 2025 Direct F1

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 Options Exercise $0 -2.08K -100% $0.00 0 Jan 16, 2025 Class A Common Stock 2.08K $25.94 Direct F2
transaction KRUS Option to Purchase Class A Common Stock Options Exercise $0 -3.29K -100% $0.00 0 Jan 16, 2025 Class A Common Stock 3.29K $22.65 Direct F3
transaction KRUS Option to Purchase Class A Common Stock Options Exercise $0 -1.55K -100% $0.00 0 Jan 16, 2025 Class A Common Stock 1.55K $46.15 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $82.95 to $83.345, inclusive. The reporting person undertakes to provide to Kura Sushi USA, Inc., any security holder of Kura Sushi USA, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (1) to this Form 4.
F2 The Option was granted under the Issuer's 2018 Incentive Compensation Plan. 5,000 options vested in equal quarterly installments on the last day of each calendar quarter over approximately 48 months after December 2, 2019. 2,082 options vested and became exercisable in equal quarterly installments on the last day of each calendar quarter over approximately 12 months after December 2, 2019.
F3 The Option was granted under the Issuer's 2018 Incentive Compensation Plan. The Option shares vested and became exercisable in full on the date that is 12 months following February 1, 2021.
F4 The Option was granted under the Issuer's 2018 Incentive Compensation Plan. The Option shares vested and became exercisable in full on the date that is 12 months following February 1, 2022.