Driven Brands Holdings Inc. — Director's Dealing 2023

Mar 3, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Driven Brands Holdings Inc. (DRVN)
CIK: 0001804745
Period of Report: 2023-02-28

Reporting Person: Beland Michael (SVP & Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-28	Common Stock	A	2408	—	Acquired	5663	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-28	Performance-based restricted stock units	$	A	1929	Acquired		Common Stock (1929)	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 February 28, 2024, February 28, 2025, and February 28, 2026, 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 January 1, 2023 and ending on December 27, 2025, compared to a defined stock market index, provided the Reporting Person remains in continuous service on the vesting date.