RC IV Cayman ICW Holdings LLC's Form 4 filing
Driven Brands Holdings Inc. (DRVN) · filed Sep 10, 2021
- Accession no.
- 0000950142-21-002878
- Filed
- Sep 10, 2021, 6:10 PM ET
- Trade date
- Sep 8, 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 $8.38M. 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 |
|---|---|
| RC IV Cayman ICW Holdings LLCCIK 0001840278 | 10% Owner, Other: See Remarks. |
| RC IV Cayman ICW Equity LLCCIK 0001840285 | 10% Owner, Other: See Remarks. |
| Roark Capital GenPar IV Cayman AIV Ltd.CIK 0001840289 | 10% Owner, Other: See Remarks. |
| Roark Capital GenPar IV Cayman AIV LPCIK 0001840290 | 10% Owner, Other: See Remarks. |
| Roark Capital Partners IV Cayman AIV LPCIK 0001840291 | 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 |
|---|---|---|---|---|---|---|---|---|
| Sep 8, 2021 | Common Stock, par value $0.01 per share | SSaleDisposed | −284,212 | $29.50 | −$8,384,254 | 35,016,155 | 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 Driven Equity LLC, RC Driven Holdco LLC, Roark Capital Partners III LP, Roark Capital GenPar III LLC and (the "Driven Equity Parties") Neal K Aronson. None of the shares of common stock held by Mr. Aronson and the Driven Equity Entities are reflected in this report.