Stephen Gillett - May 14, 2024 Form 4 Insider Report for Dutch Bros Inc. (BROS)

Role
Director
Signature
/s/ Joshua Lute, Attorney-in-Fact for Stephen Gillett
Stock symbol
BROS
Transactions as of
May 14, 2024
Transactions value $
$0
Form type
4
Date filed
5/15/2024, 12:10 PM
Previous filing
Apr 2, 2024
Next filing
Oct 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BROS Class A Common Stock Options Exercise $0 +938 +7.36% $0.00 13.7K May 14, 2024 Direct

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 Options Exercise $0 -938 -100% $0.00* 0 May 14, 2024 Class A Common Stock 938 Direct F1, F2
transaction BROS Restricted Stock Units Award $0 +3.05K $0.00 3.05K May 14, 2024 Class A Common Stock 3.05K 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 restricted stock units, 25% of which vested on each of September 30, 2023, December 31, 2023, March 31, 2024, and the date of the Issuer's 2024 annual stockholder meeting, which occurred on May 14, 2024.
F3 The reporting person received an award of restricted stock units, 25% of which will vest on each of September 30, 2024, December 31, 2024, March 31, 2025 and the remaining 25% will vest on the earlier of (i) June 30, 2025, and (ii) the date of the Issuer's 2025 annual stockholder meeting.