Joth Ricci - May 9, 2022 Form 4 Insider Report for Dutch Bros Inc. (BROS)

Role
CEO and President
Signature
/s/ Joshua Lute, Attorney-in-Fact for Jonathan (Joth) Ricci
Stock symbol
BROS
Transactions as of
May 9, 2022
Transactions value $
-$3,020,706
Form type
4
Date filed
5/10/2022, 05:39 PM
Previous filing
Mar 10, 2022
Next filing
Aug 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BROS Class A Common Stock Sale -$1.61M -38.5K -1.48% $41.66 2.56M May 9, 2022 Direct F1, F2
transaction BROS Class A Common Stock Sale -$364K -8.53K -0.33% $42.68 2.55M May 9, 2022 Direct F1, F3
transaction BROS Class A Common Stock Sale -$998K -22.9K -0.9% $43.66 2.53M May 9, 2022 Direct F1, F4
transaction BROS Class A Common Stock Sale -$53.2K -1.2K -0.05% $44.34 2.52M May 9, 2022 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 7, 2021.
F2 The price reported is the weighted average price. These shares were sold in multiple transactions at prices ranging from $41.12 to $42.11, inclusive. The reporting person undertakes to provide to Dutch Bros Inc., any security holders of Dutch Bros Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
F3 The price reported is the weighted average price. These shares were sold in multiple transactions at prices ranging from $42.12 to $43.10, inclusive. The reporting person undertakes to provide to Dutch Bros Inc., any security holders of Dutch Bros Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
F4 The price reported is the weighted average price. These shares were sold in multiple transactions at prices ranging from $43.13 to $44.12, inclusive. The reporting person undertakes to provide to Dutch Bros Inc., any security holders of Dutch Bros Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
F5 The price reported is the weighted average price. These shares were sold in multiple transactions at prices ranging from $44.17 to $44.50, inclusive. The reporting person undertakes to provide to Dutch Bros Inc., any security holders of Dutch Bros Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.