4//SEC Filing
Rivera Daniel R. 4
Accession 0000950142-21-003614
CIK 0001804745other
Filed
Nov 4, 8:00 PM ET
Accepted
Nov 5, 6:52 PM ET
Size
10.3 KB
Accession
0000950142-21-003614
Insider Transaction Report
Form 4
Rivera Daniel R.
Chief Operating Officer
Transactions
- Sale
Common Stock
2021-11-03$32.19/sh−14,046$452,141→ 70,500 total - Sale
Common Stock
2021-11-04$32.08/sh−1,559$50,013→ 68,941 total - Sale
Common Stock
2021-11-05$32.11/sh−26,173$840,415→ 42,768 total
Holdings
- 444,139
Common Stock
Footnotes (4)
- [F1]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.
- [F2]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 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.
- [F3]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.
- [F4]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.
Documents
Issuer
Driven Brands Holdings Inc.
CIK 0001804745
Entity typeother
Related Parties
1- filerCIK 0001832731
Filing Metadata
- Form type
- 4
- Filed
- Nov 4, 8:00 PM ET
- Accepted
- Nov 5, 6:52 PM ET
- Size
- 10.3 KB