Jonathan G. Fitzpatrick - 20 Dec 2021 Form 4 Insider Report for Driven Brands Holdings Inc. (DRVN)

Role: President & CEO, Director
Signature: /s/ Scott O'Melia, Attorney in Fact
Issuer symbol: DRVN
Transactions as of: 20 Dec 2021
Transactions value $: $0
Form type: 4
Filing time: 22 Dec 2021, 15:28:36
Next filing: 24 Mar 2022
SEC: View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	DRVN	Stock Option (right to buy)	Award	$0	+1M		$0.00	1M	20 Dec 2021	Common Stock	1M	$30.63	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The stock options will vest, subject to the Reporting Person's continuous employment with, directorship with, or engagement to provide services to Driven Brands Holdings Inc., ("the Issuer"), on the earlier of (a) December 20, 2025 and (b) if the Reporting Person's continuous employment with, directorship with and engagement to provide services to the Issuer is terminated (subject to a few exceptions), at any time on or after June 20, 2024.

Content

The stock options will vest, subject to the Reporting Person's continuous employment with, directorship with, or engagement to provide services to Driven Brands Holdings Inc., ("the Issuer"), on the earlier of (a) December 20, 2025 and (b) if the Reporting Person's continuous employment with, directorship with and engagement to provide services to the Issuer is terminated (subject to a few exceptions), at any time on or after June 20, 2024.