0000899243-21-009909.txt : 20210304
0000899243-21-009909.hdr.sgml : 20210304
20210304175727
ACCESSION NUMBER: 0000899243-21-009909
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210302
FILED AS OF DATE: 20210304
DATE AS OF CHANGE: 20210304
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Carey James D
CENTRAL INDEX KEY: 0001490137
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38604
FILM NUMBER: 21715626
MAIL ADDRESS:
STREET 1: STONE POINT CAPITAL LLC
STREET 2: 20 HORSENECK LANE
CITY: GREENWICH
STATE: CT
ZIP: 06830
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
doc4.xml
FORM 4 SUBMISSION
X0306
4
2021-03-02
0
0001651052
Focus Financial Partners Inc.
FOCS
0001490137
Carey James D
C/O STONE POINT CAPITAL LLC
20 HORSENECK LANE
GREENWICH
CT
06830-6327
1
0
0
0
Class A Common Stock
2021-03-02
4
C
0
1296885
A
12793086
I
See Footnotes
Class A Common Stock
2021-03-02
4
S
0
4662270
46.20
D
8130816
I
See Footnotes
Units of Focus Financial Partners, LLC
2021-03-02
4
C
0
1296885
0.00
D
Class A Common Stock
1296885
8601385
I
See 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.
Securities disposed of consists of shares of Class A Common Stock of the Issuer held as follows: (a) 2,396,693 shares of Class A Common Stock are held by Trident FFP LP, (b) 277,650 shares of Class A Common Stock are held by Trident VI, L.P., (c) 1,946,670 shares of Class A Common Stock are held by Trident VI Parallel Fund, L.P. and (d) 41,257 shares of Class A Common Stock are held by Trident VI DE Parallel Fund, L.P. The sole general partner of Trident FFP LP is Trident FFP GP LLC, and 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" and, together with Trident FFP LP, the "Trident Stockholders") 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. James D. Carey, as a member and managing director at Stone Point Capital LLC and an owner of one of five members of Trident FFP GP LLC and one of five general partners of Trident Capital VI, L.P., may be deemed to be the beneficial owner of the securities held directly by the Trident Stockholders.
Held by Trident FFP LP.
Beneficially owned securities consists of shares of Class A Common Stock of the Issuer held as follows: (a) 2,396,693 shares of Class A Common Stock are held by Trident FFP LP, (b) 1,274,093 shares of Class A Common Stock are held by Trident VI, L.P., (c) 8,932,981 shares of Class A Common Stock are held by Trident VI Parallel Fund, L.P. and (d) 189,319 shares of Class A Common Stock are held by Trident VI DE Parallel Fund, L.P.
Beneficially owned securities consists of shares of Class A Common Stock of the Issuer held as follows: (a) 0 shares of Class A Common Stock are held by Trident FFP LP, (b) 996,443 shares of Class A Common Stock are held by Trident VI, L.P., (c) 6,986,311 shares of Class A Common Stock are held by Trident VI Parallel Fund, L.P. and (d) 148,062 shares of Class A Common Stock are held by Trident VI DE Parallel Fund, L.P.
Mr. Carey disclaims beneficial ownership of the shares and units held of record or beneficially by the Trident Stockholders, except to the extent of any 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 and Exchange Act of 1934 or otherwise, Mr. Carey is the beneficial owner of any securities reported herein.
/s/ James D. Carey
2021-03-04