Karen B. Stroup - 27 Feb 2024 Form 4 Insider Report for Driven Brands Holdings Inc. (DRVN)

Role
Director
Signature
/s/ Scott O'Melia, Attorney in Fact
Issuer symbol
DRVN
Transactions as of
27 Feb 2024
Net transactions value
$0
Form type
4
Filing time
29 Feb 2024, 21:18:11 UTC
Previous filing
27 Feb 2024
Next filing
19 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRVN Common Stock Award $0 +10,614 +82% $0.000000 23,533 27 Feb 2024 Direct F1
holding DRVN Common Stock 350 27 Feb 2024 By son F2
holding DRVN Common Stock 350 27 Feb 2024 By daughter F2
holding DRVN Common Stock 350 27 Feb 2024 By son F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 on February 27, 2025 provided the Reporting Person remains in continuous service on each vesting date.
F2 The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.