Christine Barone - Mar 1, 2023 Form 4 Insider Report for Dutch Bros Inc. (BROS)

Role
President
Signature
/s/ Joshua Lute, Attorney-in-Fact for Christine Barone
Stock symbol
BROS
Transactions as of
Mar 1, 2023
Transactions value $
$0
Form type
4
Date filed
3/2/2023, 02:55 PM
Previous filing
Feb 13, 2023
Next filing
Apr 19, 2023

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 Award $0 +39.1K $0.00 39.1K Mar 1, 2023 Class A Common Stock 39.1K Direct F1, F2
transaction BROS Restricted Stock Units Award $0 +58.6K $0.00 58.6K Mar 1, 2023 Class A Common Stock 58.6K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F2 The reporting person received an award of 39,074 restricted stock units, 50% of which will vest on each of March 1, 2025 and March 1, 2026.
F3 The reporting person received an award of 58,612 restricted stock units, 50% of which will vest on each of March 1, 2025 and March 1, 2026.