Victoria J. Tullett - 01 Mar 2025 Form 4 Insider Report for Dutch Bros Inc. (BROS)

Role
Chief Legal Officer
Signature
/s/ Betsy Judd, Attorney-in-Fact for Victoria Tullett
Issuer symbol
BROS
Transactions as of
01 Mar 2025
Net transactions value
-$385,905
Form type
4
Filing time
04 Mar 2025, 15:32:27 UTC
Previous filing
24 Feb 2025
Next filing
04 Nov 2025
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 Options Exercise +8,987 +386% 11,317 01 Mar 2025 Direct F1
transaction BROS Class A Common Stock Tax liability $231,306 -2,922 -26% $79.16 8,395 01 Mar 2025 Direct
transaction BROS Class A Common Stock Options Exercise +7,033 +84% 15,428 01 Mar 2025 Direct F1
transaction BROS Class A Common Stock Tax liability $154,599 -1,953 -13% $79.16 13,475 01 Mar 2025 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 -8,987 -33% $0.000000 17,976 01 Mar 2025 Class A Common Stock 8,987 Direct F1, F2
transaction BROS Restricted Stock Units Options Exercise $0 -7,033 -50% $0.000000 7,033 01 Mar 2025 Class A Common Stock 7,033 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, 33.33% of which will vest on each of March 1, 2025, March 1, 2026, and March 1, 2027.
F3 The reporting person received an award of restricted stock units, 50% of which will vest on each of March 1, 2025 and March 1, 2026.