SEC Form 4 · accession 0001318148-15-000026
FEDERATED HERMES, INC. · FHI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
John W McGonigle
Officer — Vice Chairman, Sec, EVP · Director
Period of report
Sep 16, 2015
Accepted (ET)
Sep 18, 2015 · 4:11 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001056288
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class B Common StockF2,F1 | Sep 16, 2015 | G | 6,704 | — | D | 1,954,878 | I | Held indirectly by Fairview Partners, L.P. |
| Class B Common StockF2,F3 | Sep 16, 2015 | S$0 | 15,639 | — | D | 1,954,878 | I | Held indirectly by Fairview Partners, L.P. |
| Class B Common Stock | holding | — | — | — | 214,946 | I | Held indirectly by 713 Investment Partners, L.P. | |
| Class B Common Stock | holding | — | — | — | 942,675 | I | Held indirectly by John W. McGonigle Revocable Trust | |
| Class B Common Stock | holding | — | — | — | 357,305 | I | Held indirectly by Mary Ita McGonigle Revocable Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reported securities are held by Fairview Partners, a limited partnership of which 713 Investment Corp. is the sole general partner. Mr. McGonigle and his wife are shareholders and directors of 713 Investment Corp. On September 16, 2015, the reporting person and his wife gifted partnership interest to their children and grandchildren. The reporting person disclaims beneficial ownership of the Federated Investors, Inc. Class B Common Stock held by Fairview Partners, L.P. except to the extent of his pecuniary interest therein. This transaction did not involve any public sale of shares.
- F2The number of shares of Federated Investors, Inc. Class B Common Stock set forth above is an estimate since the percentage partnership interest in Fairview Partners, L.P. is subject to an independent valuation of the assets of Fairview Partners, L.P.
- F3The reported securities are held by Fairview Partners, a limited partnership of which 713 Investment Corp. is the sole general partner. Mr. McGonigle and his wife are shareholders and directors of 713 Investment Corp. On September 16, 2015, the reporting person and his wife sold a 0.80% interest in Fairview Partners, L.P. to The John W. and Mary Ita McGonigle Grantor Dynasty Trust established for the benefit of the reporting person's Descendants. The interest was sold in exchange for a note, equal to the value of the 0.80% partnership interest and was done for family wealth transfer purposes. The Federated Investors, Inc. Class B Common Stock held by Fairview Partners, L.P. was valued at $31.53 per share on the date of the transaction. The reporting person disclaims beneficial ownership of the Federated Investors, Inc. Class B Common Stock held by Fairview Partners, L.P. except to the extent of his pecuniary interest therein. This transaction did not involve any public sale of shares.
Remarks
The Power of Attorney dated April 24, 2014 is incorporated herein by reference.