Rivera Daniel R. 4
4 · Driven Brands Holdings Inc. · Filed Feb 29, 2024
Insider Transaction Report
Form 4
Rivera Daniel R.
DirectorChief Executive Officer
Transactions
- Award
Common Stock
2024-02-27+35,074→ 548,917 total - Tax Payment
Common Stock
2024-02-28$13.56/sh−1,659$22,496→ 547,258 total
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 February 27, 2025, February 27, 2026, and February 27, 2027, provided the Reporting Person remains in continuous service on each vesting date.
- [F2]Represents the automatic withholding by the issuer to satisfy the reporting person's tax obligation associated with the vesting of restricted stock units granted on February 28, 2023. This is authorized in the applicable restricted stock award agreement.