SEC Form 4 · accession 0001318148-17-000020
FEDERATED HERMES, INC. · FHI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J Christopher Donahue
Officer — Chairman, President & CEO · Director
Period of report
Jun 30, 2017
Accepted (ET)
Jul 5, 2017 · 7:45 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 StockF1,F2 | Jun 30, 2017 | G | 1 | $0.00 | A | 458,385 | I | Held indirectly by Richmond Farm, L.P. |
| Class B Common StockF4,F5 | Jun 30, 2017 | J | 710 | $0.00 | D | 297,972 | I | Held indirectly by The Beechwood Company, L.P. |
| Class B Common StockF7,F2 | Jun 30, 2017 | J | 9,439 | $0.00 | A | 1,024,785 | I | Held indirectly by Richmond Farm, L.P. |
| Class B Common Stock | holding | — | — | — | 1,684,920 | D | ||
| Class B Common Stock | holding | — | — | — | 5,819 | I | Held indirectly by John F. Donahue Revocable Trust | |
| Class B Common Stock | holding | — | — | — | 5,819 | I | Held indirectly by Rhodora J. Donahue Revocable Trust | |
| Class B Common Stock | holding | — | — | — | 592,766 | I | Held indirectly by power of attorney | |
| Class B Common Stock | holding | — | — | — | 82 | I | Held indirectly by AWOL, Inc. | |
| Class B Common Stock | holding | — | — | — | 569,880 | I | Held indirectly by The John F. Donahue and Rhodora J. Donahue Joint Revocable Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Richmond Farm, LLC ("Richmond LLC") is the sole general partner of Richmond Farm, L.P. ("Richmond L.P."). The John F. and Rhodora J. Donahue New Richmond Farm Trust, of which the reporting person is a trustee, was gifted a majority of the voting shares of Richmond LLC. As a result of the transaction, the number of shares of Federated Investors, Inc. Class B Common Stock in which the reporting person has an indirect interest due to his interest in Richmond L.P. through Richmond LLC will increase by the amount indicated in Box 4.
- F2The reporting person disclaims beneficial ownership of the Federated Investors, Inc. Class B Common Stock held by Richmond Farm L.P. except to the extent of his pecuniary interest therein.
- F3The described transaction did not involve any public sale of shares and was done for family governance purposes. On June 30, 2017, The Beechwood Company, L.P. ("Beechwood") transferred shares of Federated Investors, Inc. Class B Common Stock to Richmond Farm, L.P. as part of a support agreement. Beechmax, Inc. ("Beechmax") is the sole general partner of Beechwood and the reporting person is a shareholder of Beechmax. The reporting person has a limited partnership interest in Beechwood.
- F4As a result of the transaction, the number of shares of Federated Investors, Inc. Class B Common Stock in which the reporting person has an indirect interest due to his limited partnership interest in Beechwood will decrease by the amount indicated in Box 4.
- F5The shares of Federated Investors, Inc. Class B Common Stock reported represent the reporting person's proportional beneficial interest (through his voting interest in the general partner) as shareholder of the general partner in shares of issuer securities held by Beechwood. The reporting person disclaims beneficial ownership of the Federated Investors, Inc. Class B Common Stock held by Beechwood except to the extent of his pecuniary interest therein.
- F6As described in Footnote 3, Richmond L.P. received shares of Federated Investors, Inc. Class B Common Stock as part of a support agreement. Richmond LLC is the sole general partner of Richmond L.P. and the reporting person is a member of Richmond LLC and a trustee of The John F. and Rhodora J. Donahue New Richmond Farm Trust, which holds a majority of the voting shares of Richmond LLC.
- F7As a result of the transaction, the number of shares of Federated Investors, Inc. Class B Common Stock in which the reporting person has an indirect interest due to his interest in Richmond L.P. through Richmond LLC will increase by the amount indicated in Box 4.
Remarks
The Power of Attorney dated April 24, 2014 is incorporated herein by reference.