4//SEC Filing
RC Driven Holdco LLC 4
Accession 0000950142-24-000800
CIK 0001804745other
Filed
Mar 25, 8:00 PM ET
Accepted
Mar 26, 5:05 PM ET
Size
36.2 KB
Accession
0000950142-24-000800
Insider Transaction Report
Form 4
Roark Capital GenPar III LLC
10% OwnerOther
Holdings
- 68,832,571
Common Stock
ROARK CAPITAL PARTNERS III AIV LP
10% OwnerOther
Holdings
- 68,832,571
Common Stock
RC Driven Holdco LLC
10% OwnerOther
Holdings
- 68,832,571
Common Stock
DRIVEN EQUITY SUB LLC
10% OwnerOther
Holdings
- 68,832,571
Common Stock
Driven Equity LLC
10% OwnerOther
Holdings
- 68,832,571
Common Stock
RC III Portfolio Holdings LP
10% OwnerOther
Holdings
- 68,832,571
Common Stock
Roark Capital GenPar III Cayman AIV Sub LLC
10% OwnerOther
Holdings
- 68,832,571
Common Stock
Footnotes (4)
- [F1]This Form 4 consists solely of an exit report for Roark Capital Partners III AIV LP, as this entity is no longer subject to Section 16. No shares of common stock, par value $0.01 per share, of Driven Brands Holdings Inc. (the "Common Stock") were sold for any consideration by any of the reporting persons or any member of the reporting persons' 10% group.
- [F2]In connection with an internal reorganization of Roark's holding structure, Roark Capital Partners III AIV LP contributed for no consideration its interests in RC Driven Holdco LLC to RC III Portfolio Holdings LP, the general partner of which is Roark Capital GenPar III Cayman AIV Sub LLC. As a result, Roark Capital Partners III AIV LP no longer has beneficial ownership of the shares of Common Stock held by Driven Equity Sub LLC and thereby ceased being a reporting person.
- [F3]Consists of shares held directly by Driven Equity Sub LLC. Driven Equity Sub LLC is controlled by Driven Equity LLC, which is controlled by RC Driven Holdco LLC, which is controlled by RC III Portfolio Holdings LP, which is controlled by Roark Capital GenPar III Cayman AIV Sub LLC, which is in turn controlled by Roark Capital GenPar III LLC. Roark Capital GenPar III LLC is controlled by its managing member, Neal K. Aronson.
- [F4]Each of Driven Equity LLC, RC Driven Holdco LLC, RC III Portfolio Holdings LP, Roark Capital GenPar III Cayman AIV Sub LLC and Roark Capital GenPar III LLC (collectively with Driven Equity Sub LLC, the "Driven Equity Entities") and Mr. Aronson may be deemed to have voting and dispositive power with respect to the shares of Common Stock directly held by Driven Equity Sub LLC and therefore be deemed to be the beneficial owner of the Common Stock held by this entity, but each disclaims beneficial ownership of such shares of Common Stock except to the extent of any pecuniary interest therein, and this report shall not be deemed an admission that any such entity or person is the beneficial owner of or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
Issuer
Driven Brands Holdings Inc.
CIK 0001804745
Entity typeother
IncorporatedGA
Related Parties
1- filerCIK 0001840427
Filing Metadata
- Form type
- 4
- Filed
- Mar 25, 8:00 PM ET
- Accepted
- Mar 26, 5:05 PM ET
- Size
- 36.2 KB