Tracy A. Gehlan - 30 Oct 2023 Form 4 Insider Report for Driven Brands Holdings Inc. (DRVN)

Reporting relationship: President, ICWG International
Issuer ticker: DRVN
Reported as of: 30 Oct 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 01 Nov 2023, 17:29:11 UTC
Prior SEC filing: 24 Mar 2023
Source filing: View source filing
Reporting owner signature: /s/ Scott O'Melia, Attorney-In-Fact

Key filing fact

Tracy A. Gehlan filed Form 4 for Driven Brands Holdings Inc. (DRVN) on 01 Nov 2023.

Key facts

This page summarizes Tracy A. Gehlan's Form 4 filing for Driven Brands Holdings Inc. (DRVN).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 01 Nov 2023, 17:29.

Change

Previous filing in this sequence was filed on 24 Mar 2023.
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 derivative securities

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

DRVN transaction Derivative

Stock Option (Right to Buy)

Award

Transaction value: $0
Shares: +84,348
Change %
Price: $0.000000
Shares after: 84,348
Date: 30 Oct 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 84,348
Exercise price: $22.00
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

Represents stock options granted in connection with Driven Brands Holdings Inc.'s (the "Company's") initial public offering that were originally eligible to vest based on the achievement of certain returns by Roark Capital and certain of its affiliates after it owned and controlled less than 50% of the equity and voting interests in the Company, that were converted to time-based awards that vest in full on April 30, 2025, subject to the Reporting Person's continuous service through such date.