Tana Davila - 01 Jul 2023 Form 4 Insider Report for Dutch Bros Inc. (BROS)

Signature
/s/ Joshua Lute, Attorney-in-Fact for Tana Davila
Issuer symbol
BROS
Transactions as of
01 Jul 2023
Net transactions value
$0
Form type
4
Filing time
05 Jul 2023, 15:03:18 UTC
Previous filing
20 Jun 2023
Next filing
04 Mar 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 +11,310 $0.000000 11,310 01 Jul 2023 Class A Common Stock 11,310 Direct F1, F2
transaction BROS Restricted Stock Units Award $0 +17,574 $0.000000 17,574 01 Jul 2023 Class A Common Stock 17,574 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.