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Driven Brands Holdings Inc. — Director's Dealing 2021
Aug 12, 2021
31475_dirs_2021-08-11_9628a348-6202-4cf9-bb17-3dc443046dc7.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Driven Brands Holdings Inc. (DRVN)
CIK: 0001804745
Period of Report: 2021-08-09
Reporting Person: Driven Equity LLC (10% Owner, See Remarks.)
Reporting Person: RC Driven Holdco LLC (10% Owner, See Remarks.)
Reporting Person: Roark Capital Partners III LP (10% Owner, See Remarks.)
Reporting Person: Roark Capital GenPar III LLC (10% Owner, See Remarks.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-08-09 | Common Stock, par value $0.01 per share | S | 8130510 | $29.50 | Disposed | 74172549 | Indirect |
Footnotes
F1: Consists of shares held directly by Driven Equity LLC. Driven Equity LLC is controlled by RC Driven Holdco LLC. RC Driven Holdco LLC is controlled by Roark Capital Partners III LP, which is in turn controlled by its general partner, Roark Capital GenPar III LLC. Roark Capital GenPar III LLC is controlled by its managing member, Neal K. Aronson. (Continued in FN2)
F2: (Continued from FN1) Each of RC Driven Holdco LLC, Roark Capital Partners III LP, Roark Capital GenPar III LLC and Mr. Aronson may be deemed to have voting and dispositive power with respect to the common stock directly owned by Driven Equity LLC and therefore be deemed to be the beneficial owner of the common stock held by Driven Equity LLC, but each disclaims beneficial ownership of such common stock except to the extent of any pecuniary interest therein, and this report shall not be deemed an admission that any such entity or person is the beneficial owner of or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.