John R. Teddy - Mar 22, 2023 Form 4 Insider Report for Driven Brands Holdings Inc. (DRVN)

Role
EVP & President, Car Wash NA
Signature
/s/ Scott O'Melia, Attorney in Fact
Stock symbol
DRVN
Transactions as of
Mar 22, 2023
Transactions value $
-$35,555
Form type
4
Date filed
3/24/2023, 05:51 PM
Previous filing
Mar 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRVN Common Stock Tax liability -$35.6K -1.27K -5.51% $27.93 21.8K Mar 22, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 March 22, 2022. This is authorized in the applicable restricted stock award agreement.