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Filing Details

Accession Number:: 0000950142-21-003614
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-11-05 18:52:04
Reporting Period:: 2021-11-03

Accepted Time:: 2021-11-05 18:52:04
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1804745	Driven Brands Holdings Inc.	DRVN	Services-Automotive Repair, Services & Parking (7500)	473595252

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1832731	R. Daniel Rivera	440 S. Church Street, Suite 700 Charlotte NC 28202	Evp & Group President, Maint.	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Disposition	2021-11-03	14,046	$32.19	70,500	No	4	S	Direct
Common Stock	Disposition	2021-11-04	1,559	$32.08	68,941	No	4	S	Direct
Common Stock	Disposition	2021-11-05	26,173	$32.11	42,768	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	444,139	Direct

Footnotes

The reported price in Column 4 is a weighted average sales price. These shares were sold in multiple transactions at prices ranging from $32.01 to $32.48 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
The reported price in Column 4 is a weighted average sales price. These shares were sold in multiple transactions at prices ranging from $32.00 to $32.19 pershare. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, uponrequest, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
The reported price in Column 4 is a weighted average sales price. These shares were sold in multiple transactions at prices ranging from $32.00 to $32.32 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Represents (i) 40,445 shares of restricted stock granted to the reporting person that vest in 4 equal installments (rounded to the nearest integer) on the next upcoming 4 anniversaries of January 1, 2020 and (ii) 403,694 shares of restricted stock that will vest upon the achievement by RC Driven Holdco LLC and certain of its affiliates of certain internal rate of return thresholds in respect of their investment in Driven Brand Holdings Inc.'s securities.