Driven Brands Holdings Inc. — Director's Dealing 2022

Mar 24, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Driven Brands Holdings Inc. (DRVN)
CIK: 0001804745
Period of Report: 2022-03-22

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-22	Common Stock	A	11055	—	Acquired	497962	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-03-22	Performance-based restricted stock units	$	A	8857	Acquired		Common Stock (8857)	Direct

Footnotes

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 in three equal installments on March 22, 2023, March 22, 2024 and March 22, 2025, provided the Reporting Person remains in continuous service on each vesting date.

F2: Each performance-based restricted stock unit ("PSU") reflects the contingent right to receive a variable number of shares of capital stock based on achieving performance goals. These PSUs will vest on December 28, 2024, subject to the Company's achieving relative total shareholder returns for the period commencing on December 26, 2021 and ending on December 28, 2024, compared to a defined stock market index, provided the Reporting Person remains in continuous service on the vesting date.