Brian Maxwell - 10 May 2022 Form 4 Insider Report for Dutch Bros Inc. (BROS)

Signature
/s/ Joshua Lute, Attorney-in-Fact for Brian Maxwell
Issuer symbol
BROS
Transactions as of
10 May 2022
Net transactions value
-$487,600
Form type
4
Filing time
11 May 2022, 12:35:09 UTC
Previous filing
28 Apr 2022
Next filing
03 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BROS Class A Common Stock Sale $358,240 -8,907 -0.71% $40.22 1,246,713 10 May 2022 Direct F1, F2
transaction BROS Class A Common Stock Sale $87,111 -2,093 -0.17% $41.62 1,244,620 10 May 2022 Direct F1, F3
transaction BROS Class A Common Stock Sale $42,250 -1,000 -0.08% $42.25 1,243,620 10 May 2022 Direct F1, F4
* 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 $40.00 to $40.88, 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 $41.03 to $42.00, 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 $42.04 to $42.55, 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.