DM Trust Aggregator, LLC - 14 Sep 2021 Form 3 Insider Report for Dutch Bros Inc. (BROS)

Role: 10%+ Owner
Signature: /s/ Allison Peth, as Attorney-in-Fact for Travis Boersma, Manager
Issuer symbol: BROS
Transactions as of: 14 Sep 2021
Net transactions value: $0
Form type: 3
Filing time: 15 Sep 2021, 20:54:50 UTC
Next filing: 13 Nov 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	BROS	Class A Common Stock						15,610	14 Sep 2021	Direct
holding	BROS	Class B Common Stock						43,384,433	14 Sep 2021	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	BROS	Class A Common Units							14 Sep 2021	Class A Common Stock	43,384,433		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents Class A Common Units of Dutch Mafia, LLC, the operating company of Issuer. Class A Common Units, together with an equal number of shares of Class B Common Stock, neither of which have an expiration, are exchangeable for shares of Class A Common Stock on a one-for-one basis at the discretion of the holder, subject to certain exceptions, conditions and adjustments. Upon such exchange, the associated shares of Class B Common Stock shall be canceled by the Issuer.

Content

Represents Class A Common Units of Dutch Mafia, LLC, the operating company of Issuer. Class A Common Units, together with an equal number of shares of Class B Common Stock, neither of which have an expiration, are exchangeable for shares of Class A Common Stock on a one-for-one basis at the discretion of the holder, subject to certain exceptions, conditions and adjustments. Upon such exchange, the associated shares of Class B Common Stock shall be canceled by the Issuer.