Charles Jemley - 22 Nov 2023 Form 4 Insider Report for Dutch Bros Inc. (BROS)

Role: Chief Financial Officer
Signature: /s/ Joshua Lute, Attorney-in-Fact for Charles L Jemley
Issuer symbol: BROS
Transactions as of: 22 Nov 2023
Net transactions value: -$2,793,600
Form type: 4
Filing time: 27 Nov 2023, 17:29:57 UTC
Previous filing: 17 Oct 2023
Next filing: 16 Jan 2024
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	Sale	$2,793,600	-97,000	-9.7%	$28.80	900,429	22 Nov 2023	By Jemley Living Trust dtd 6/24/2022	F1, F2
holding	BROS	Class A Common Stock						169,603	22 Nov 2023	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported is the weighted average price. These shares were sold in multiple transactions at prices ranging from $28.48 to $29.02, 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.
F2	Held by the Jemley Living Trust dtd 6/24/2022, of which the reporting person is a trustee and has voting and dispositive power over the shares.

Content

The price reported is the weighted average price. These shares were sold in multiple transactions at prices ranging from $28.48 to $29.02, 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.

Held by the Jemley Living Trust dtd 6/24/2022, of which the reporting person is a trustee and has voting and dispositive power over the shares.