Christine Barone - Mar 1, 2025 Form 4 Insider Report for Dutch Bros Inc. (BROS)

Role
CEO and President
Signature
/s/ Betsy Judd, Attorney-in-Fact for Christine Barone
Stock symbol
BROS
Transactions as of
Mar 1, 2025
Transactions value $
-$2,140,011
Form type
4
Date filed
3/4/2025, 03:31 PM
Previous filing
Feb 24, 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 +29.3K 29.3K Mar 1, 2025 Direct F1
transaction BROS Class A Common Stock Tax liability -$823K -10.4K -35.47% $79.16 18.9K Mar 1, 2025 Direct
transaction BROS Class A Common Stock Options Exercise +19.5K +103.3% 38.4K Mar 1, 2025 Direct F1
transaction BROS Class A Common Stock Tax liability -$647K -8.18K -21.27% $79.16 30.3K Mar 1, 2025 Direct
transaction BROS Class A Common Stock Options Exercise +20.2K +66.8% 50.5K Mar 1, 2025 Direct F1
transaction BROS Class A Common Stock Tax liability -$670K -8.46K -16.76% $79.16 42K Mar 1, 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 -29.3K -50% $0.00 29.3K Mar 1, 2025 Class A Common Stock 29.3K Direct F1, F2
transaction BROS Restricted Stock Units Options Exercise $0 -19.5K -50% $0.00 19.5K Mar 1, 2025 Class A Common Stock 19.5K Direct F1, F2
transaction BROS Restricted Stock Units Options Exercise $0 -20.2K -33.33% $0.00 40.4K Mar 1, 2025 Class A Common Stock 20.2K 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, 50% of which will vest on each of March 1, 2025 and March 1, 2026.
F3 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.