Driven Brands Holdings Inc. — Director's Dealing 2021

Nov 5, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Driven Brands Holdings Inc. (DRVN)
CIK: 0001804745
Period of Report: 2021-11-03

Reporting Person: Rivera Daniel R. (EVP & Group President, Maint.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-03	Common Stock	S	14046	$32.19	Disposed	70500	Direct
2021-11-04	Common Stock	S	1559	$32.08	Disposed	68941	Direct
2021-11-05	Common Stock	S	26173	$32.11	Disposed	42768	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	444139	Direct

Footnotes

F1: The reported price in Column 4 is a weighted average sales price. These shares were sold in multiple transactions at prices ranging from $32.01 to $32.48 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F2: The reported price in Column 4 is a weighted average sales price. These shares were sold in multiple transactions at prices ranging from $32.00 to $32.19 per
share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon
request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F3: The reported price in Column 4 is a weighted average sales price. These shares were sold in multiple transactions at prices ranging from $32.00 to $32.32 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F4: Represents (i) 40,445 shares of restricted stock granted to the reporting person that vest in 4 equal installments (rounded to the nearest integer) on the next upcoming 4 anniversaries of January 1, 2020 and (ii) 403,694 shares of restricted stock that will vest upon the achievement by RC Driven Holdco LLC and certain of its affiliates of certain internal rate of return thresholds in respect of their investment in Driven Brand Holdings Inc.'s securities.