Dutch Bros Inc. — Director's Dealing 2024

May 15, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Dutch Bros Inc. (BROS)
CIK: 0001866581
Period of Report: 2024-05-14

Reporting Person: Cone C. David (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-05-14	Class A Common Stock	M	1612	—	Acquired	1612	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-05-14	Restricted Stock Units	$	A	3049	Acquired		Class A Common Stock (3049)	Direct
2024-05-14	Restricted Stock Units	$	A	1612	Acquired		Class A Common Stock (1612)	Direct
2024-05-14	Restricted Stock Units	$	M	1612	Disposed		Class A Common Stock (1612)	Direct

Footnotes

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 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.

F3: The reporting person received an award of restricted stock units, 100% of which vested on May 14, 2024.