Roark Capital Partners III LP's Form 4 filing
Driven Brands Holdings Inc. (DRVN) · filed Aug 11, 2021
- Accession no.
- 0000950142-21-002596
- Filed
- Aug 11, 2021, 6:00 PM ET
- Trade date
- Aug 9, 2021
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 1 non-derivative transaction. Open-market sales total $239.9M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Roark Capital Partners III LPCIK 0001547125 | 10% Owner, Other: See Remarks. |
| Roark Capital GenPar III LLCCIK 0001840288 | 10% Owner, Other: See Remarks. |
| Driven Equity LLCCIK 0001840422 | 10% Owner, Other: See Remarks. |
| RC Driven Holdco LLCCIK 0001840427 | 10% Owner, Other: See Remarks. |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 9, 2021 | Common Stock, par value $0.01 per share | SSaleDisposed | −8,130,510 | $29.50 | −$239,850,045 | 74,172,549 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
No transaction price on this filing refers to a footnote.
Remarks
The reporting persons are members of a 10% group with (i) Neal K Aronson and (ii) RC IV Cayman Equity ICW LLC, Roark Capital Partners IV Cayman AIV LP, Roark Capital GenPar IV Cayman AIV LP and Roark Capital GenPar IV Cayman AIV Ltd (the "RC IV Entities"). None of the shares of common stock held by Mr. Aronson and the RC IV Entities are reflected in this report.