Russell McGranahan - Dec 7, 2021 Form 4 Insider Report for Focus Financial Partners Inc. (FOCS)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	FOCS	Common Units in Focus Financial Partners, LLC	Tax liability	-$34.5K	-536	-10.61%	$64.38	4.52K	Dec 7, 2021	Class A Common Stock	536		Direct	F1, F2, F3
holding	FOCS	Common Units in Focus Financial Partners, LLC						100	Dec 7, 2021	Class A Common Stock	100		Direct	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	As previously reported, on December 7, 2020, the Reporting Person acquired 5,054 unvested common units that vest in four equal installments on each anniversary of December 7, 2020. 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.
F2	On December 7, 2021, 1,264 of the Reporting Person's unvested common units vested and 536 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 6, 2021.
F3	As of the date of this report, 728 of these common units are vested and 3,790 of these common units are unvested.
F4	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.