Ricci Joth 4
4 · Dutch Bros Inc. · Filed Feb 2, 2023
Insider Transaction Report
Form 4
Dutch Bros Inc.BROS
Ricci Joth
CEO
Transactions
- Sale
Class A Common Stock
[F1][F2][F3]2023-02-01$36.67/sh−67,817$2,486,849→ 2,148,518 total - Sale
Class A Common Stock
[F1][F4]2023-02-01$37.51/sh−35,817$1,343,496→ 2,112,701 total - Sale
Class A Common Stock
[F1][F5]2023-02-01$38.57/sh−56,366$2,174,037→ 2,056,335 total
Holdings
- 237,530(indirect: By Trust)
Class A Common Stock
[F6]
Footnotes (6)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 7, 2022.
- [F2]The price reported is the weighted average price. These shares were sold in multiple transactions at prices ranging from $36.23 to $37.22, 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.
- [F3]Excludes 237,530 shares previously owned directly which were contributed to the Ricci Family 2022 Charitable Lead Annuity Trust on October 31, 2022.
- [F4]The price reported is the weighted average price. These shares were sold in multiple transactions at prices ranging from $37.23 to $38.21, 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.
- [F5]The price reported is the weighted average price. These shares were sold in multiple transactions at prices ranging from $38.23 to $39.12, 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.
- [F6]Held by the Ricci Family 2022 Charitable Lead Annuity Trust, of which the reporting person is a trustee.
Signature
/s/ Joshua Lute, Attorney-in-Fact for Jonathan (Joth) Ricci|2023-02-02