0001104659-22-129537.txt : 20221222
0001104659-22-129537.hdr.sgml : 20221222
20221222162927
ACCESSION NUMBER: 0001104659-22-129537
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20221222
FILED AS OF DATE: 20221222
DATE AS OF CHANGE: 20221222
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Adolf Ruediger
CENTRAL INDEX KEY: 0001746236
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38604
FILM NUMBER: 221482287
MAIL ADDRESS:
STREET 1: C/O FOCUS FINANCIAL PARTNERS, INC.
STREET 2: 825 THIRD AVENUE, 27TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Focus Financial Partners Inc.
CENTRAL INDEX KEY: 0001651052
STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282]
IRS NUMBER: 474780811
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 875 THIRD AVENUE
STREET 2: 28TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
BUSINESS PHONE: (646)519-2456
MAIL ADDRESS:
STREET 1: 875 THIRD AVENUE
STREET 2: 28TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
4
1
tm2233385-1_4seq1.xml
OWNERSHIP DOCUMENT
X0306
4
2022-12-22
0
0001651052
Focus Financial Partners Inc.
FOCS
0001746236
Adolf Ruediger
515 NORTH FLAGLER DRIVE
WEST PALM BEACH
FL
33401
1
1
0
0
CEO and Chairman
Common Units in Focus Financial Partners, LLC
2022-12-22
4
F
0
1798
37.71
D
Class A Common Stock
1798
27727
D
Common Units in Focus Financial Partners, LLC
Class A Common Stock
160450
160450
I
By Adolf Family Trust II
Common Units in Focus Financial Partners, LLC
Class A Common Stock
58495
58495
D
Common Units in Focus Financial Partners, LLC
Class A Common Stock
11357
11357
D
Common Units in Focus Financial Partners, LLC
Class A Common Stock
26856
26856
D
As previously reported, on December 22, 2021, the Reporting Person acquired 29,525 unvested common units that vest in four equal installments on each anniversary of December 22, 2021. Vested common units are exchangeable (together with an equal number of shares of Class B common stock), subject to certain restrictions in the Fourth Amended and Restated Operating Agreement of Focus Financial Partners, LLC ("Focus LLC"), for (i) an equal number of shares of the Issuer's Class A common stock or, (ii) at the election of the Issuer, cash.
On December 22, 2022, 7,381 of the Reporting Person's unvested common units vested and 1,798 of such common units were withheld by the Issuer to satisfy the tax obligations upon vesting. The number of common units withheld was based on the closing price of the Issuer's Class A common stock on December 21, 2022.
As of the date of this report, 5,583 of these common units are vested and 22,144 of these common units are unvested.
Vested common units are exchangeable (together with an equal number of shares of Class B common stock), subject to certain restrictions in the Fourth Amended and Restated Operating Agreement of Focus LLC, for (i) an equal number of shares of the Issuer's Class A common stock or, (ii) at the election of the Issuer, cash.
Represents securities held by the Adolf Family Trust II, an irrevocable trust established by the Reporting Person for the benefit of his children. The Reporting Person disclaims beneficial ownership of the securities owned by the trust except to the extent of his indirect pecuniary interest therein.
These common units will vest in four equal installments on each anniversary of December 7, 2020. As of the date of this report, 4,891 of these common units are vested and 6,466 of these common units are unvested.
These common units will vest in four equal installments on each anniversary of December 12, 2022.
/s/ J. Russell McGranahan as Attorney-in-Fact
2022-12-22