Filing Details
- Accession Number:
- 0001209191-23-047615
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-08-29 16:49:26
- Reporting Period:
- 2021-09-22
- Accepted Time:
- 2023-08-29 16:49:26
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1866581 | Dutch Bros Inc. | BROS | Retail-Eating & Drinking Places (5810) | 871041305 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1883154 | Travis Boersma | C/O Dutch Bros Inc. 110 Sw 4Th Street Grants Pass OR 97526 | Executive Chairman Of Board | Yes | Yes | Yes | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2021-11-15 | 19 | $62.01 | 19 | No | 4 | P | Indirect | By Son |
| Class A Common Stock | Disposition | 2021-11-15 | 19 | $62.24 | 0 | No | 4 | S | Indirect | By Son |
| Class A Common Stock | Acquisiton | 2022-05-18 | 108 | $24.89 | 108 | No | 4 | P | Indirect | By Son |
| Class A Common Stock | Disposition | 2022-05-27 | 1 | $37.59 | 106 | No | 4 | S | Indirect | By Son |
| Class A Common Stock | Acquisiton | 2022-05-27 | 1 | $36.89 | 108 | No | 4 | P | Indirect | By Son |
| Class A Common Stock | Acquisiton | 2022-09-01 | 29 | $34.43 | 137 | No | 4 | P | Indirect | By Son |
| Class A Common Stock | Acquisiton | 2022-09-13 | 42 | $35.74 | 179 | No | 4 | P | Indirect | By Son |
| Class A Common Stock | Disposition | 2023-01-06 | 100 | $30.00 | 79 | No | 4 | S | Indirect | By Son |
| Class A Common Stock | Disposition | 2023-01-09 | 78 | $31.40 | 1 | No | 4 | S | Indirect | By Son |
| Class A Common Stock | Acquisiton | 2023-03-01 | 255 | $32.00 | 256 | No | 4 | P | Indirect | By Son |
| Class A Common Stock | Acquisiton | 2023-03-07 | 2 | $33.73 | 258 | No | 4 | P | Indirect | By Son |
| Class A Common Stock | Disposition | 2023-03-27 | 25 | $29.44 | 233 | No | 4 | S | Indirect | By Son |
| Class A Common Stock | Acquisiton | 2023-03-27 | 25 | $29.45 | 258 | No | 4 | P | Indirect | By Son |
| Class A Common Stock | Disposition | 2023-04-14 | 129 | $32.10 | 129 | No | 4 | S | Indirect | By Son |
| Class A Common Stock | Acquisiton | 2023-05-10 | 130 | $29.80 | 259 | No | 4 | P | Indirect | By Son |
| Class A Common Stock | Disposition | 2023-08-03 | 136 | $29.36 | 123 | No | 4 | S | Indirect | By Son |
| Class A Common Stock | Disposition | 2023-08-08 | 27 | $27.43 | 96 | No | 4 | S | Indirect | By Son |
| Class A Common Stock | Acquisiton | 2023-08-08 | 2 | $27.51 | 98 | No | 4 | P | Indirect | By Son |
| Class A Common Stock | Acquisiton | 2023-08-08 | 11 | $27.66 | 109 | No | 4 | P | Indirect | By Son |
| Class A Common Stock | Disposition | 2023-08-09 | 109 | $30.72 | 0 | No | 4 | S | Indirect | By Son |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | P | Indirect | By Son |
| No | 4 | S | Indirect | By Son |
| No | 4 | P | Indirect | By Son |
| No | 4 | S | Indirect | By Son |
| No | 4 | P | Indirect | By Son |
| No | 4 | P | Indirect | By Son |
| No | 4 | P | Indirect | By Son |
| No | 4 | S | Indirect | By Son |
| No | 4 | S | Indirect | By Son |
| No | 4 | P | Indirect | By Son |
| No | 4 | P | Indirect | By Son |
| No | 4 | S | Indirect | By Son |
| No | 4 | P | Indirect | By Son |
| No | 4 | S | Indirect | By Son |
| No | 4 | P | Indirect | By Son |
| No | 4 | S | Indirect | By Son |
| No | 4 | S | Indirect | By Son |
| No | 4 | P | Indirect | By Son |
| No | 4 | P | Indirect | By Son |
| No | 4 | S | Indirect | By Son |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Call Option (Right to Buy) | Acquisiton | 2021-09-22 | 1 | $440.00 | 100 | $60.00 |
| Class A Common Stock | Call Option (Right to Buy) | Disposition | 2021-09-22 | 1 | $399.98 | 100 | $60.00 |
| Class A Common Stock | Call Option (Right to Buy) | Acquisiton | 2021-10-05 | 1 | $430.00 | 100 | $40.00 |
| Class A Common Stock | Call Option (Right to Buy) | Disposition | 2021-10-07 | 1 | $479.98 | 100 | $40.00 |
| Class A Common Stock | Put Option (Right to Sell) | Acquisiton | 2021-10-19 | 1 | $500.00 | 100 | $60.00 |
| Class A Common Stock | Put Option (Right to Sell) | Disposition | 2021-10-21 | 1 | $569.98 | 100 | $60.00 |
| Class A Common Stock | Put Option (Right to Sell) | Acquisiton | 2023-02-21 | 2 | $401.00 | 200 | $41.00 |
| Class A Common Stock | Put Option (Right to Sell) | Acquisiton | 2023-02-21 | 4 | $400.00 | 400 | $41.00 |
| Class A Common Stock | Put Option (Right to Sell) | Acquisiton | 2023-02-21 | 1 | $420.00 | 100 | $41.00 |
| Class A Common Stock | Put Option (Right to Sell) | Disposition | 2023-02-24 | 4 | $789.98 | 400 | $41.00 |
| Class A Common Stock | Put Option (Right to Sell) | Disposition | 2023-02-24 | 2 | $809.98 | 200 | $41.00 |
| Class A Common Stock | Put Option (Right to Sell) | Disposition | 2023-03-01 | 1 | $819.98 | 100 | $41.00 |
| Class A Common Stock | Put Option (Right to Sell) | Acquisiton | 2023-05-09 | 5 | $210.00 | 500 | $33.00 |
| Class A Common Stock | Put Option (Right to Sell) | Disposition | 2023-05-09 | 5 | $200.00 | 500 | $33.00 |
| Class A Common Stock | Put Option (Right to Sell) | Acquisiton | 2023-05-09 | 1 | $205.00 | 100 | $33.00 |
| Class A Common Stock | Put Option (Right to Sell) | Disposition | 2023-05-10 | 1 | $299.98 | 100 | $33.00 |
| Class A Common Stock | Call Option (Right to Buy) | Acquisiton | 2023-08-08 | 3 | $230.00 | 300 | $26.00 |
| Class A Common Stock | Call Option (Right to Buy) | Disposition | 2023-08-08 | 1 | $239.98 | 100 | $26.00 |
| Class A Common Stock | Call Option (Right to Buy) | Disposition | 2023-08-09 | 2 | $549.99 | 200 | $26.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 1 | 2021-09-22 | 2021-10-15 | No | 4 | P | Indirect |
| 0 | 2021-09-22 | 2021-10-15 | No | 4 | S | Indirect |
| 1 | 2021-10-05 | 2021-10-15 | No | 4 | P | Indirect |
| 0 | 2021-10-05 | 2021-10-15 | No | 4 | S | Indirect |
| 1 | 2021-10-19 | 2021-11-19 | No | 4 | P | Indirect |
| 0 | 2021-10-19 | 2021-11-19 | No | 4 | S | Indirect |
| 2 | 2023-02-21 | 2023-02-24 | No | 4 | P | Indirect |
| 6 | 2023-02-21 | 2023-02-24 | No | 4 | P | Indirect |
| 1 | 2023-02-21 | 2024-03-03 | No | 4 | P | Indirect |
| 2 | 2023-02-21 | 2023-02-24 | No | 4 | S | Indirect |
| 0 | 2023-02-21 | 2023-02-24 | No | 4 | S | Indirect |
| 0 | 2023-02-21 | 2024-03-03 | No | 4 | S | Indirect |
| 5 | 2023-05-09 | 2023-05-12 | No | 4 | P | Indirect |
| 0 | 2023-05-09 | 2023-05-12 | No | 4 | S | Indirect |
| 1 | 2023-05-09 | 2023-05-12 | No | 4 | P | Indirect |
| 0 | 2023-05-09 | 2023-05-12 | No | 4 | S | Indirect |
| 3 | 2023-08-08 | 2023-08-11 | No | 4 | P | Indirect |
| 2 | 2023-08-08 | 2023-08-11 | No | 4 | S | Indirect |
| 0 | 2023-08-08 | 2023-08-11 | No | 4 | S | Indirect |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Class A Common Stock | 15,610 | Indirect | By DM Trust Aggregator, LLC |
| Class A Common Stock | 9,817 | Indirect | By DM Individual Aggregator, LLC |
Footnotes
- Pursuant to Section 16 reporting requirements, the Form 4 reflects purchases and sales of the Issuer's Class A common stock and derivative securities that were made by the Reporting Person's adult son. The amount of profit realized by the applicable short-swing transactions is approximately $8,500 and has been paid to the Issuer, as required. The Reporting Person was recently notified of the transactions by his son, resulting in today's filing. This report shall not be deemed an admission by the Reporting Person that he is the beneficial owner of any of the securities traded by his adult son, other than for purposes of Section 16.
- Represents weighted average sales price. The shares were sold at prices ranging from $37.56 to $37.60. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- Represents weighted average purchase price. The shares were sold at prices ranging from $34.39 to $34.43. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares purchased at each separate price.
- Represents weighted average purchase price. The shares were sold at prices ranging from $35.39 to $35.92. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares purchased at each separate price.
- Represents weighted average purchase price. The shares were sold at prices ranging from $29.76 to $29.80. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares purchased at each separate price.
- Represents weighted average sales price. The shares were sold at prices ranging from $30.72 to $30.78. The Reporting Person will provide upon request, to the SEC, the Issuer or security holder of the Issuer, full information regarding the number of shares sold at each separate price.
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