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