STONE POINT CAPITAL LLC exercised options at FOCUS FINANCIAL PARTNERS INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 8/31/2023ACC: 0000899243-23-018620
Director10% Owner
Since Jul 2018
-16.05M
Net shares
Net seller
$850.60M
Total sold
0
Open market trades
0B · 0S
6
Total transactions
8.25M acquired · 24.30M disposed
Non-Derivative Transactions5
Class A Common Stock
Indirect
Shares
+8.25M
Price / share
—
Trade value
—
% of position
New position
8/31/2023
0.00→8.25M
Class A Common Stock
Indirect
Shares
−8.25M
Price / share
$53.00
Trade value
$437.26M
% of position
New position
8/31/2023
8.25M→0.00
Class A Common Stock
Indirect
Shares
−955.75K
Price / share
$53.00
Trade value
$50.66M
% of position
New position
8/31/2023
955.75K→0.00
Class A Common Stock
Indirect
Shares
−6.70M
Price / share
$53.00
Trade value
$355.16M
% of position
New position
8/31/2023
6.70M→0.00
Class A Common Stock
Indirect
Shares
−142.02K
Price / share
$53.00
Trade value
$7.53M
% of position
New position
8/31/2023
142.02K→0.00
Total
Net shares
−7.80M
Net value
-$850.60M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Indirect | 8/31/2023 | M · Option Exercise | +8.25M | — | — | New position | 0.00 | 8.25M |
| Class A Common Stock Indirect | 8/31/2023 | D · Disposition | −8.25M | $53.00 | $437.26M | New position | 8.25M | 0.00 |
| Class A Common Stock Indirect | 8/31/2023 | D · Disposition | −955.75K | $53.00 | $50.66M | New position | 955.75K | 0.00 |
| Class A Common Stock Indirect | 8/31/2023 | D · Disposition | −6.70M | $53.00 | $355.16M | New position | 6.70M | 0.00 |
| Class A Common Stock Indirect | 8/31/2023 | D · Disposition | −142.02K | $53.00 | $7.53M | New position | 142.02K | 0.00 |
| Total | −7.80M | -$850.60M | ||||||
Derivative Transactions1
Units of Focus Financial Partners, LLC
Indirect
Converts to
Class A Common Stock
8.25M shares
Shares
−8.25M
Strike price
Held after
0.00
Exercisable
—
8/31/2023
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Units of Focus Financial Partners, LLC Indirect | Class A Common Stock8.25M shares | 8/31/2023 | M · Option Exercise | −8.25M | — | 0.00 |