Charles Jemley - Nov 22, 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
Stock symbol: BROS
Transactions as of: Nov 22, 2023
Transactions value $: -$2,793,600
Form type: 4
Date filed: 11/27/2023, 05:29 PM
Previous filing: Oct 17, 2023
Next filing: Jan 16, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BROS	Class A Common Stock	Sale	-$2.79M	-97K	-9.73%	$28.80	900K	Nov 22, 2023	By Jemley Living Trust dtd 6/24/2022	F1, F2
holding	BROS	Class A Common Stock						170K	Nov 22, 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.