4//SEC Filing
Rivera Daniel R. 4
Accession 0000950142-22-001132
CIK 0001804745other
Filed
Mar 23, 8:00 PM ET
Accepted
Mar 24, 5:46 PM ET
Size
7.8 KB
Accession
0000950142-22-001132
Insider Transaction Report
Form 4
Rivera Daniel R.
Chief Operating Officer
Transactions
- Award
Common Stock
2022-03-22+11,055→ 497,962 total - Award
Performance-based restricted stock units
2022-03-22+8,857→ 8,857 total→ Common Stock (8,857 underlying)
Footnotes (2)
- [F1]Consists of restricted stock units ("RSU"), which represent a contingent right to receive one share of Common Stock for each RSU, and will vest in three equal installments on March 22, 2023, March 22, 2024 and March 22, 2025, provided the Reporting Person remains in continuous service on each vesting date.
- [F2]Each performance-based restricted stock unit ("PSU") reflects the contingent right to receive a variable number of shares of capital stock based on achieving performance goals. These PSUs will vest on December 28, 2024, subject to the Company's achieving relative total shareholder returns for the period commencing on December 26, 2021 and ending on December 28, 2024, compared to a defined stock market index, provided the Reporting Person remains in continuous service on the vesting date.
Documents
Issuer
Driven Brands Holdings Inc.
CIK 0001804745
Entity typeother
Related Parties
1- filerCIK 0001832731
Filing Metadata
- Form type
- 4
- Filed
- Mar 23, 8:00 PM ET
- Accepted
- Mar 24, 5:46 PM ET
- Size
- 7.8 KB