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Driven Brands Holdings Inc. — Director's Dealing 2021
Jan 15, 2021
31475_dirs_2021-01-14_d5653192-cea6-4bb7-a2d4-0abf22ebb052.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Driven Brands Holdings Inc. (DRVN)
CIK: 0001804745
Period of Report: 2021-01-14
Reporting Person: Macaluso Michael G. (EVP & Grp Pres-Pt., Coll & Gl.)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 68847 | Direct |
| Common Stock | 254285 | Direct |
Footnotes
F1: 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, (ii) 12,640 shares of restricted stock granted to the reporting person that vest in 3 equal installments (rounded to the nearest integer) on the next upcoming 3 anniversaries of May 9, 2018 and (iii) 201,200 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.