<SEC-DOCUMENT>0000950170-23-071239.txt : 20231218
<SEC-HEADER>0000950170-23-071239.hdr.sgml : 20231218
<ACCEPTANCE-DATETIME>20231218203431
ACCESSION NUMBER:		0000950170-23-071239
CONFORMED SUBMISSION TYPE:	144
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20231218
DATE AS OF CHANGE:		20231218

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Dutch Bros Inc.
		CENTRAL INDEX KEY:			0001866581
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-EATING & DRINKING PLACES [5810]
		ORGANIZATION NAME:           	07 Trade & Services
		IRS NUMBER:				871041305
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		144
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	001-40798
		FILM NUMBER:		231495357

	BUSINESS ADDRESS:	
		STREET 1:		110 SW 4TH STREET
		CITY:			GRANTS PASS
		STATE:			OR
		ZIP:			97526
		BUSINESS PHONE:		(206) 390-8860

	MAIL ADDRESS:	
		STREET 1:		PO BOX 1929
		CITY:			GRANTS PASS
		STATE:			OR
		ZIP:			97528-0163

REPORTING-OWNER:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TSG7 A AIV VI Holdings-A, L.P.
		CENTRAL INDEX KEY:			0001882775
		ORGANIZATION NAME:           	
		IRS NUMBER:				831529512
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		144

	BUSINESS ADDRESS:	
		STREET 1:		C/O TSG CONSUMER PARTNERS
		STREET 2:		4 ORINDA WAY, SUITE 150B
		CITY:			ORINDA
		STATE:			CA
		ZIP:			94563
		BUSINESS PHONE:		(415) 217-2300

	MAIL ADDRESS:	
		STREET 1:		C/O TSG CONSUMER PARTNERS
		STREET 2:		4 ORINDA WAY, SUITE 150B
		CITY:			ORINDA
		STATE:			CA
		ZIP:			94563
</SEC-HEADER>
<DOCUMENT>
<TYPE>144
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:xsd="http://www.w3.org/2001/XMLSchema" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<headerData>
<submissionType>144</submissionType>
<filerInfo>
<filer>
<filerCredentials>
<cik>0001882775</cik>
<ccc>XXXXXXXX</ccc>
</filerCredentials>
</filer>
<liveTestFlag>LIVE</liveTestFlag>
</filerInfo>
</headerData>
<formData>
<issuerInfo>
<issuerCik>0001866581</issuerCik>
<issuerName>Dutch Bros Inc.</issuerName>
<secFileNumber>001-40798</secFileNumber>
<issuerAddress>
<street1 xmlns="http://www.sec.gov/edgar/common">110 SW 4th Street</street1>
<city xmlns="http://www.sec.gov/edgar/common">Grants Pass</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">OR</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">97526</zipCode>
</issuerAddress>
<issuerContactPhone>541-955-4700</issuerContactPhone>
<nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>TSG7 A AIV VI Holdings-A, L.P.</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
<relationshipsToIssuer>
<relationshipToIssuer>10% Stockholder</relationshipToIssuer>
</relationshipsToIssuer>
</issuerInfo>
<securitiesInformation>
<securitiesClassTitle>Class A Common Stock</securitiesClassTitle>
<brokerOrMarketmakerDetails>
<name>J.P. Morgan Securities LLC</name>
<address>
<street1 xmlns="http://www.sec.gov/edgar/common">277 Park Ave</street1>
<city xmlns="http://www.sec.gov/edgar/common">New York</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">NY</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">10172</zipCode>
</address>
</brokerOrMarketmakerDetails>
<noOfUnitsSold>250721</noOfUnitsSold>
<aggregateMarketValue>7491543.48</aggregateMarketValue>
<noOfUnitsOutstanding>63018400</noOfUnitsOutstanding>
<approxSaleDate>12/18/2023</approxSaleDate>
<securitiesExchangeName>NYSE</securitiesExchangeName>
</securitiesInformation>
<securitiesToBeSold>
<securitiesClassTitle>Class A Common Stock</securitiesClassTitle>
<acquiredDate>10/01/2018</acquiredDate>
<natureOfAcquisitionTransaction>Acquisition of Class A common units in Dutch Mafia, LLC. At Issuer's IPO on 9/14/2021, TSG7 A AIV VI Holdings-A, L.P.'s units converted into Class D common shares. One share of Class D common stock converts into one share of Class A common stock.</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>13138500</amountOfSecuritiesAcquired>
<paymentDate>10/01/2018</paymentDate>
<natureOfPayment>Cash</natureOfPayment>
</securitiesToBeSold>
<nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
<securitiesSoldInPast3Months>
<sellerDetails>
<name>Dutch Holdings LLC</name>
<address>
<street1 xmlns="http://www.sec.gov/edgar/common">4 Orinda Way</street1>
<street2 xmlns="http://www.sec.gov/edgar/common">Suite 150-B</street2>
<city xmlns="http://www.sec.gov/edgar/common">Orinda</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">CA</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">94563</zipCode>
</address>
</sellerDetails>
<securitiesClassTitle>Class A Common Stock</securitiesClassTitle>
<saleDate>11/15/2023</saleDate>
<amountOfSecuritiesSold>3992824</amountOfSecuritiesSold>
<grossProceeds>112437923.84</grossProceeds>
</securitiesSoldInPast3Months>
<securitiesSoldInPast3Months>
<sellerDetails>
<name>TSG7 A AIV VI Holdings-A, L.P.</name>
<address>
<street1 xmlns="http://www.sec.gov/edgar/common">4 Orinda Way</street1>
<street2 xmlns="http://www.sec.gov/edgar/common">Suite 150-B</street2>
<city xmlns="http://www.sec.gov/edgar/common">Orinda</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">CA</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">94563</zipCode>
</address>
</sellerDetails>
<securitiesClassTitle>Class A Common Stock</securitiesClassTitle>
<saleDate>11/15/2023</saleDate>
<amountOfSecuritiesSold>1093666</amountOfSecuritiesSold>
<grossProceeds>30797634.56</grossProceeds>
</securitiesSoldInPast3Months>
<securitiesSoldInPast3Months>
<sellerDetails>
<name>TSG7 A AIV VI, L.P.</name>
<address>
<street1 xmlns="http://www.sec.gov/edgar/common">4 Orinda Way</street1>
<street2 xmlns="http://www.sec.gov/edgar/common">Suite 150-B</street2>
<city xmlns="http://www.sec.gov/edgar/common">Orinda</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">CA</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">94563</zipCode>
</address>
</sellerDetails>
<securitiesClassTitle>Class A Common Stock</securitiesClassTitle>
<saleDate>11/15/2023</saleDate>
<amountOfSecuritiesSold>230778</amountOfSecuritiesSold>
<grossProceeds>6498708.48</grossProceeds>
</securitiesSoldInPast3Months>
<securitiesSoldInPast3Months>
<sellerDetails>
<name>DG Coinvestor Blocker Aggregator, L.P.</name>
<address>
<street1 xmlns="http://www.sec.gov/edgar/common">4 Orinda Way</street1>
<street2 xmlns="http://www.sec.gov/edgar/common">Suite 150-B</street2>
<city xmlns="http://www.sec.gov/edgar/common">Orinda</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">CA</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">94563</zipCode>
</address>
</sellerDetails>
<securitiesClassTitle>Class A Common Stock</securitiesClassTitle>
<saleDate>11/15/2023</saleDate>
<amountOfSecuritiesSold>323884</amountOfSecuritiesSold>
<grossProceeds>9120573.44</grossProceeds>
</securitiesSoldInPast3Months>
<noticeSignature>
<noticeDate>12/18/2023</noticeDate>
<signature>TSG7 A AIV VI Holdings-A, L.P. By: TSG7 A Management L.L.C., its Manager /s/ Drew Weilbacher as Chief Compliance Officer</signature>
</noticeSignature>
</formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
