FEDERATED HERMES, INC. — Director's Dealing 2019

Jul 2, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FEDERATED INVESTORS INC /PA/ (FII)
CIK: 0001056288
Period of Report: 2019-06-28

Reporting Person: DONAHUE J CHRISTOPHER (Director, Chairman, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-06-28	Class B Common Stock	S	18785	—	Disposed	569880	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class B Common Stock	1559011	Direct
Class B Common Stock	278101	Indirect
Class B Common Stock	5819	Indirect
Class B Common Stock	5819	Indirect
Class B Common Stock	82	Indirect

Footnotes

F1: On June 28, 2019, The John F. Donahue and Rhodora J. Donahue Joint Revocable Trust entered into documentation, effective as of May 11, 2017, to exchange its interests in Comax, Inc. and Oyster Bay Properties, Inc. for interests in an LLC. As a result of this transaction, the number of shares of Federated Investors, Inc. Class B Common Stock held indirectly by the reporting person through The John F. Donahue and Rhodora J. Donahue Joint Revocable Trust decreased by 18,785 shares.

F2: The Federated Investors, Inc. Class B Common Stock held by Comax, Inc. and Oyster Bay Properties, Inc. was valued at $32.50 per share on the date of the transaction

F3: On or around May 12, 2018, Comax Partners L.P. (d/b/a The Beechwood Company, L.P.) ("Comax") 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 The John F. Donahue and Rhodora J. Donahue Joint Revocable Trust, through its control of Comax, Inc. and Oyster Bay Properties, Inc., increased by 18,785 shares.