4//SEC Filing
Beland Michael 4
Accession 0001062993-23-005665
CIK 0001804745other
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 8:07 PM ET
Size
7.5 KB
Accession
0001062993-23-005665
Insider Transaction Report
Form 4
Beland Michael
SVP & Chief Accounting Officer
Transactions
- Award
Common Stock
2023-02-28+2,408→ 5,663 total - Award
Performance-based restricted stock units
2023-02-28+1,929→ 1,929 total→ Common Stock (1,929 underlying)
Footnotes (2)
- [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.
Issuer
Driven Brands Holdings Inc.
CIK 0001804745
Entity typeother
Related Parties
1- filerCIK 0001871268
Filing Metadata
- Form type
- 4
- Filed
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 8:07 PM ET
- Size
- 7.5 KB