0001104659-22-129544.txt : 20221222
0001104659-22-129544.hdr.sgml : 20221222
20221222163122
ACCESSION NUMBER: 0001104659-22-129544
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: Shanahan James
CENTRAL INDEX KEY: 0001746394
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38604
FILM NUMBER: 221482331
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
tm2233385-5_4seq1.xml
OWNERSHIP DOCUMENT
X0306
4
2022-12-22
0
0001651052
Focus Financial Partners Inc.
FOCS
0001746394
Shanahan James
875 THIRD AVENUE, 28TH FLOOR
NEW YORK
NY
10022
0
1
0
0
Chief Financial Officer
Common Units in Focus Financial Partners, LLC
2022-12-22
4
F
0
1404
37.71
D
Class A Common Stock
1404
12490
I
By James Shanahan 2020 Revocable Trust
Common Units in Focus Financial Partners, LLC
Class A Common Stock
4599
4599
I
By James Shanahan 2020 Revocable Trust
Common Units in Focus Financial Partners, LLC
Class A Common Stock
12636
12636
I
By James Shanahan 2020 Revocable Trust
As previously reported, on December 22, 2021, the Reporting Person acquired 13,894 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, 3,474 of the Reporting Person's unvested common units vested and 1,404 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, 2,070 of these common units are vested and 10,420 of these common units are unvested.
Represents securities held by the James Shanahan 2020 Revocable Trust, a revocable living trust established by the Reporting Person. The Reporting Person disclaims beneficial ownership of the securities owned by the trust except to the extent of his indirect pecuniary interest therein.
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.
These common units will vest in four equal installments on each anniversary of December 7, 2020. As of the date of this report, 1,775 of these common units are vested and 2,824 of these common units are unvested.
These incentive 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