FEDERATED HERMES, INC. — Director's Dealing 2019

Nov 19, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FEDERATED INVESTORS INC /PA/ (FII)
CIK: 0001056288
Period of Report: 2019-11-18

Reporting Person: DONAHUE THOMAS R (Director, VP, CFO & Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-18	Class B Common Stock	A	18500	$3.00	Acquired	702055	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	421690	Indirect
Class B Common Stock	27544	Indirect
Class B Common Stock	37544	Indirect
Class B Common Stock	2000	Indirect
Class B Common Stock	59937	Indirect
Class B Common Stock	58147	Indirect
Class B Common Stock	7795	Indirect
Class B Common Stock	278101	Indirect
Class B Common Stock	3905	Indirect
Class B Common Stock	72	Indirect
Class B Common Stock	82	Indirect

Footnotes

F1: As a result of the Distribution described in Footnote 2, the number of shares of Federated Investors, Inc. Class B Common Stock held directly by the reporting person increased by 3,386 shares.

F2: On or around October 1, 2019, MaxFund Partners, L.P.("MaxFund") distributed shares of Federated Investors Inc. Class B Common Stock to all of its limited partners on a pro-rata basis (the "Distribution"). The Distribution did not involve any public sale of shares. As a result of the Distribution, the number of shares of Federated Investors, Inc. Class B Common Stock held indirectly by the reporting person through MaxFund decreased by 233,860 shares.

F3: As a result of the Distribution described in Footnote 2, the number of shares of Federated Investors, Inc. Class B Common Stock held indirectly by the reporting person through The Fran L. Donahue Grantor Trust increased by 27,544 shares.

F4: As a result of the Distribution described in Footnote 2, the number of shares of Federated Investors, Inc. Class B Common Stock held indirectly by the reporting person through The Thomas R. Donahue Grantor Trust increased by 37,544 shares.

F5: As a result of the Distribution described in Footnote 2, the number of shares of Federated Investors, Inc. Class B Common Stock held indirectly by the reporting person through MaxFund,Inc. increased by 2,000 shares.

F6: As a result of the Distribution described in Footnote 2, the number of shares of Federated Investors, Inc. Class B Common Stock held indirectly by the reporting person through an immediate family member increased by 20,000 shares.

F7: As a result of the Distribution described in Footnote 2, the number of shares of Federated Investors, Inc. Class B Common Stock held indirectly by the reporting person through his spouse increased by 3,386 shares.