Tana Davila - Jul 1, 2023 Form 4 Insider Report for Dutch Bros Inc. (BROS)

Role
Chief Marketing Officer
Signature
/s/ Joshua Lute, Attorney-in-Fact for Tana Davila
Stock symbol
BROS
Transactions as of
Jul 1, 2023
Transactions value $
$0
Form type
4
Date filed
7/5/2023, 03:03 PM
Previous filing
Jun 20, 2023
Next filing
Mar 4, 2024

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 +11.3K $0.00 11.3K Jul 1, 2023 Class A Common Stock 11.3K Direct F1, F2
transaction BROS Restricted Stock Units Award $0 +17.6K $0.00 17.6K Jul 1, 2023 Class A Common Stock 17.6K 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 11,310 restricted stock units, 50% of which will vest on each of July 1, 2025 and July 1, 2026.
F3 The reporting person received an award of 17,574 restricted stock units, 50% of which will vest on each of July 1, 2025 and July 1, 2026.