Adolf Ruediger's Form 4 filing
Focus Financial Partners Inc. (FOCS) · filed Dec 20, 2021
- Accession no.
- 0001104659-21-151682
- Filed
- Dec 20, 2021, 4:07 PM ET
- Trade date
- Dec 20, 2021
- Filing delay
- Same day
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 3 derivative transactions. It was filed on the trade date.
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 |
|---|---|
| Adolf RuedigerCIK 0001746236 | Director, Officer (CEO and Chairman) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
This filing has no transactions of this kind.
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Dec 20, 2021 | Incentive Units in Focus Financial Partners, LLC | MOption exerciseDisposed | −600,000 | $0.00 | $0 | 157,000 | Direct | |
| Dec 20, 2021 | Class A Common Stock | MOption exerciseAcquired | +505,263 | –F2 | – | 575,903 | Direct | |
| Dec 20, 2021 | Class A Common Stock | SSaleDisposed | −505,263 | $54.72 | −$27,647,991.36 | 70,640 | Direct |
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.
- F2
On December 20, 2021, pursuant to the Fourth Amended and Restated Operating Agreement of Focus LLC, as amended (the "Fourth Amended and Restated Focus LLC Agreement"), 600,000 of the Reporting Person's vested incentive units in Focus LLC were converted into 505,263 common units in Focus LLC, based on a value of the Issuer's Class A common stock equal to $57.00, and the resulting common units were purchased by Focus LLC for $54.72 per unit with a portion of the proceeds from the Issuer's underwritten public offering of Class A common stock.
Referenced by the price of 1 transaction in Table II.