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Filing Details

Accession Number:: 0000899243-21-012494
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-03-18 13:14:35
Reporting Period:: 2021-03-16

Accepted Time:: 2021-03-18 13:14:35
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1651052	Focus Financial Partners Inc.	FOCS	()	DE

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1332638	Stone Point Capital Llc	20 Horseneck Lane Greenwich CT 06830-6327	Yes	No	Yes	No
1593010	Trident Vi, L.p.	C/O Stone Point Capital Llc 20 Horseneck Lane Greenwich CT 06830-6327	Yes	No	Yes	No
1593012	Trident Vi Parallel Fund, L.p.	C/O Stone Point Capital Llc 20 Horseneck Lane Greenwich CT 06830-6327	Yes	No	Yes	No
1598644	Trident Vi De Parallel Fund, L.p.	C/O Stone Point Capital Llc 20 Horseneck Lane Greenwich CT 06830-6327	Yes	No	Yes	No
1690519	Trident Capital Vi, L.p.	C/O Stone Point Capital Llc 20 Horseneck Lane Greenwich CT 06830-6327	Yes	No	Yes	No
1748012	Trident Ffp Gp Llc	C/O Stone Point Capital Llc 20 Horseneck Lane Greenwich CT 06830-6327	Yes	No	Yes	No
1748078	Trident Ffp Lp	C/O Stone Point Capital Llc 20 Horseneck Lane Greenwich CT 06830-6327	Yes	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2021-03-16	351,220	$0.00	351,220	No	4	C	Indirect	See Footnotes
Class A Common Stock	Disposition	2021-03-16	351,220	$46.20	0	No	4	S	Indirect	See Footnotes
Class A Common Stock	Disposition	2021-03-16	40,688	$46.20	955,755	No	4	S	Indirect	See Footnotes
Class A Common Stock	Disposition	2021-03-16	285,272	$46.20	6,701,039	No	4	S	Indirect	See Footnotes
Class A Common Stock	Disposition	2021-03-16	6,046	$46.20	142,016	No	4	S	Indirect	See Footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Units of Focus Financial Partners, LLC	Disposition	2021-03-16	351,220	$0.00	351,220	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
8,250,165			No	4	C	Indirect

Footnotes

Units of Focus Financial Partners, LLC represent limited liability company units of Focus Financial Partners, LLC and an equal number of shares of Class B common stock ("Class B Common Stock") of Focus Financial Partners Inc. (the "Issuer"), which together are exchangeable, at the option of Focus Financial Partners, LLC or the Issuer, on a one-for-one basis for (i) a share of Class A Common Stock ("Class A Common Stock") of the Issuer, subject to conversion rate adjustments for stock splits, stock dividends, reclassification and other similar transactions or (ii) an equivalent amount of cash pursuant to the Fourth Amended and Restated Limited Liability Company Agreement of Focus Financial Partners, LLC.
This amount represents the $48.00 secondary public offering price per share of Class A Common Stock less the underwriting discount of $1.80 per share of Class A Common Stock.
These shares of Class A Common Stock are held by Trident FFP LP.
These shares of Class A Common Stock are held by Trident VI, L.P.
These shares of Class A Common Stock are held by Trident VI Parallel Fund, L.P.
These shares of Class A Common Stock are held by Trident VI DE Parallel Fund, L.P.
Held by Trident FFP LP.
The sole general partner of Trident FFP LP is Trident FFP GP LLC.
The sole general partner of each of Trident VI, L.P., Trident VI Parallel Fund, L.P. and Trident VI DE Parallel Fund, L.P. (collectively, the "Trident VI Partnerships") is Trident Capital VI, L.P.
Pursuant to certain management agreements, Stone Point Capital LLC has received delegated authority by Trident Capital VI, L.P. relating to the Trident VI Partnerships, provided that the delegated discretion to exercise voting rights may not be exercised on behalf of any of the Trident VI Partnerships without first receiving direction from the Investment Committee of Trident Capital VI, L.P. or a majority of the general partners of Trident Capital VI, L.P. The management agreements do not delegate any power with respect to the disposition of Class A Common Stock or Class B Common Stock held by the Trident VI Partnerships.
Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein.