Thomas J. Davis - 30 Sep 2022 Form 4 Insider Report for Dutch Bros Inc. (BROS)

Role
Director
Signature
/s/ Joshua Lute, Attorney-in-Fact for Thomas J Davis
Issuer symbol
BROS
Transactions as of
30 Sep 2022
Net transactions value
$0
Form type
4
Filing time
03 Oct 2022, 11:13:35 UTC
Previous filing
07 Jul 2022
Next filing
04 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BROS Class A Common Stock Options Exercise $0 +627 $0.000000 627 30 Sep 2022 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
transaction BROS Restricted Stock Units Options Exercise $0 -627 -25% $0.000000 1,882 30 Sep 2022 Class A Common Stock 627 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units represents a contingent right to receive a corresponding number of shares of the Class A Common Stock of the Issuer upon vesting.
F2 The reporting person received an award of restricted stock units, 25% of which will vest on each of September 30, 2022, December 31, 2022, March 31, 2023, and the remaining 25% will vest on the earlier of (i) June 30, 2023, and (ii) the date of the Issuer's 2023 annual stockholder meeting.