Aronson Neal K's Form 4 filing
Driven Brands Holdings Inc. (DRVN) · filed Aug 11, 2021
- Accession no.
- 0000950142-21-002597
- Filed
- Aug 11, 2021
- Trade date
- Aug 9, 2021
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 2 non-derivative transactions. Open-market sales total $354.0M. 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 |
|---|---|
| Aronson Neal KCIK 0001040618 | Director, 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 | |
| Aug 9, 2021 | Common Stock, par value $0.01 per share | SSaleDisposed | −3,869,490 | $29.50 | −$114,149,955 | 35,300,367 | 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 person is a member of a 10% group with (i) Driven Equity LLC, RC Driven Holdco LLC, Roark Capital Partners III LP and Roark Capital GenPar III LLC and (ii) RC IV Cayman ICW Holdings LLC, 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 (such entities, the "RC IV Entities")