Jonathan G. Fitzpatrick - 22 Mar 2022 Form 4 Insider Report for Driven Brands Holdings Inc. (DRVN)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
24 Mar 2022, 17:42:51 UTC
Prior SEC filing
22 Dec 2021
Next SEC filing
02 Mar 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Scott O'Melia, Attorney in Fact

Key filing fact

Jonathan G. Fitzpatrick filed Form 4 for Driven Brands Holdings Inc. (DRVN) on 24 Mar 2022.

Key facts

  • This page summarizes Jonathan G. Fitzpatrick's Form 4 filing for Driven Brands Holdings Inc. (DRVN).
  • 2 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 24 Mar 2022, 17:42.

Change

  • Previous filing in this sequence was filed on 22 Dec 2021.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

DRVN transaction

Common Stock

Award

Transaction value
$0
Shares
+46,062
Change %
+2.1%
Price
$0.000000
Shares after
2,237,535
Date
22 Mar 2022
Ownership
Direct
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

DRVN transaction Derivative

Performance-based restricted stock units

Award

Transaction value
$0
Shares
+36,905
Change %
Price
$0.000000
Shares after
36,905
Date
22 Mar 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
36,905
Exercise price
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote 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.

Footnote 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.

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