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

Role
Chief Legal Officer
Signature
/s/ Betsy Judd, Attorney-in-Fact for Victoria Tullett
Stock symbol
BROS
Transactions as of
Mar 1, 2025
Transactions value $
-$385,905
Form type
4
Date filed
3/4/2025, 03:32 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 +8.99K +385.71% 11.3K Mar 1, 2025 Direct F1
transaction BROS Class A Common Stock Tax liability -$231K -2.92K -25.82% $79.16 8.4K Mar 1, 2025 Direct
transaction BROS Class A Common Stock Options Exercise +7.03K +83.78% 15.4K Mar 1, 2025 Direct F1
transaction BROS Class A Common Stock Tax liability -$155K -1.95K -12.66% $79.16 13.5K 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 -8.99K -33.33% $0.00 18K Mar 1, 2025 Class A Common Stock 8.99K Direct F1, F2
transaction BROS Restricted Stock Units Options Exercise $0 -7.03K -50% $0.00 7.03K Mar 1, 2025 Class A Common Stock 7.03K 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.