Form 4 for BROS Dutch Bros Inc.
Accepted 2024-01-25 00:00:00 ET · period of report 2024-01-24 · accession 0001866581-24-000018 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2024-01-25 | 2024-01-24 | BROS | Boersma Travis | Executive COB of Board, Dir, 10% | C - Cnv Deriv | $0.00 | 0 | 2.51M | New | $0 |
| DMI | 2024-01-25 | 2024-01-24 | BROS | Boersma Travis | Executive COB of Board, Dir, 10% | C - Cnv Deriv | $0.00 | -557.9K | 22.90M | -2% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class B Common Stock | 2024-01-24 | C | D | 233,333 | $0.00 | 22,899,005 | I By DM Individual Aggregator, LLC | — | — | |
| 2 | Common | Class B Common Stock | 2024-01-24 | C | D | 324,577 | $0.00 | 36,458,141 | I By DM Trust Aggregator, LLC | — | — | |
| 3 | Common | Class A Common Stock | 2024-01-24 | C | A | 233,333 | $0.00 | 1,581,186 | I By DM Individual Aggregator, LLC | — | — | |
| 4 | Common | Class A Common Stock | 2024-01-24 | C | A | 324,577 | $0.00 | 2,514,241 | I By DM Trust Aggregator, LLC | — | — | |
| 5 | Derivative | Class A Common Units | 2024-01-24 | C | D | 324,577 | $0.00 | 36,458,141 | I By DM Trust Aggregator, LLC | — · — to — | 324,577 Class A Common Stock | (F2) Represents Class A Common Units of Dutch Mafia. (F1) Pursuant to the Third Amended and Restated Limited Liability Company Agreement of Dutch Mafia, LLC ("Dutch Mafia"), dated September 14, 2021, Class A Common Units of Dutch Mafia, together with an equal number of shares of Class B Common Stock of the Issuer are exchangeable for shares of Class A Common Stock on a one-for-one basis at the discretion of the holder, subject to certain exceptions, conditions and adjustments. Upon such exchange, the associated shares of Class B Common Stock are surrendered and canceled by the Issuer. The Class A Common Units of Dutch Mafia and the Class B Common Stock of the Issuer do not have an expiration date and the holders thereof are not required to pay an exercise price in connection with exchanges. |
| 6 | Derivative | Class A Common Units | 2024-01-24 | C | D | 233,333 | $0.00 | 22,899,005 | I By DM Individual Aggregator, LLC | — · — to — | 233,333 Class A Common Stock | (F2) Represents Class A Common Units of Dutch Mafia. (F1) Pursuant to the Third Amended and Restated Limited Liability Company Agreement of Dutch Mafia, LLC ("Dutch Mafia"), dated September 14, 2021, Class A Common Units of Dutch Mafia, together with an equal number of shares of Class B Common Stock of the Issuer are exchangeable for shares of Class A Common Stock on a one-for-one basis at the discretion of the holder, subject to certain exceptions, conditions and adjustments. Upon such exchange, the associated shares of Class B Common Stock are surrendered and canceled by the Issuer. The Class A Common Units of Dutch Mafia and the Class B Common Stock of the Issuer do not have an expiration date and the holders thereof are not required to pay an exercise price in connection with exchanges. |