| 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 | $52,945 | -1,404 | -10% | $37.71 | 12,490 | 22 Dec 2022 | Class A Common Stock | 1,404 | By James Shanahan 2020 Revocable Trust | F1, F2, F3, F4 | |
| holding | FOCS | Common Units in Focus Financial Partners, LLC | 4,599 | 22 Dec 2022 | Class A Common Stock | 4,599 | By James Shanahan 2020 Revocable Trust | F4, F5, F6 | ||||||
| holding | FOCS | Common Units in Focus Financial Partners, LLC | 12,636 | 22 Dec 2022 | Class A Common Stock | 12,636 | By James Shanahan 2020 Revocable Trust | F4, F5, F7 |
| Id | Content |
|---|---|
| F1 | 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. |
| F2 | 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. |
| F3 | As of the date of this report, 2,070 of these common units are vested and 10,420 of these common units are unvested. |
| F4 | 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. |
| F5 | 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. |
| F6 | 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. |
| F7 | These incentive units will vest in four equal installments on each anniversary of December 12, 2022. |