Sec Form 4 Filing - DONAHUE THOMAS R @ FEDERATED HERMES, INC. - 2020-12-15

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
DONAHUE THOMAS R
2. Issuer Name and Ticker or Trading Symbol
FEDERATED HERMES, INC. [ FHI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
VP, CFO & Treasurer
(Last) (First) (Middle)
1001 LIBERTY AVENUE
3. Date of Earliest Transaction (MM/DD/YY)
12/15/2020
(Street)
PITTSBURGH, PA15222-3779
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class B Common Stock 12/15/2020 G V 1,005 D $ 0 714,392 ( 1 ) D
Class B Common Stock 138,911 ( 2 ) I Held indirectly by Comax Partners, L.P. (d/b/a The Beechwood Company, L.P.)
Class B Common Stock 22,235 ( 3 ) I Held indirectly by The Thomas R. and Frances L. Donahue Grantor Dynasty Trust
Class B Common Stock 73,955 ( 4 ) I Held indirectly by immediate family member
Class B Common Stock 65,436 ( 5 ) I Held indirectly by immediate family member
Class B Common Stock 421,690 I Held indirectly by MaxFund Partners, L.P.
Class B Common Stock 72 I Held indirectly by 401(k) Plan
Class B Common Stock 7,795 I Held indirectly by spouse
Class B Common Stock 27,544 I The Fran L. Donahue Grantor Trust
Class B Common Stock 37,544 I The Thomas R. Donahue Grantor Trust
Class B Common Stock 2,000 I Maxfund, Inc.
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
DONAHUE THOMAS R
1001 LIBERTY AVENUE
PITTSBURGH, PA15222-3779
X VP, CFO & Treasurer
Signatures
/s/ John D. Martini (Attorney-in-Fact) 12/16/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On or around November 30, 2020, Comax Partners L.P. (d/b/a The Beechwood Company, L.P.) ("Comax") made a distribution of shares of Federated Hermes, Inc. Class B Common Stock ("FHI") 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 FHI directly owned by the reporting person increased by 709 shares.
( 2 )As a result of the Distribution described in Footnote 1, the number of shares of FHI in which the reporting person has an indirect interest due to his interest in Comax decreased by 15,385 shares. The reporting person disclaims beneficial ownership of the shares of FHI held by Comax except to the extent of his pecuniary interest therein.
( 3 )As a result of the Distribution described in Footnote 1, the number of shares of FHI owned by The Thomas R. and Frances L. Donahue Grantor Dynasty Trust (the "TR/FLD GD Trust"), in which the reporting person has an indirect interest, increased by 2,149 shares. The reporting person disclaims beneficial ownership of the shares of FHI held by the TR/FLD GD Trust except to the extent of his pecuniary interest therein.
( 4 )As a result of the Distribution described in Footnote 1, the number of shares of FHI owned by an immediate family member, in which the reporting person has an indirect interest, increased by 1,649 shares. The reporting person disclaims beneficial ownership of the shares of FHI held by the immediate family member except to the extent of his pecuniary interest therein.
( 5 )As a result of the Distribution described in Footnote 1, the number of shares of FHI owned by an immediate family member, in which the reporting person has an indirect interest, increased by 857 shares. The reporting person disclaims beneficial ownership of the shares of FHI held by the immediate family member except to the extent of his pecuniary interest therein.

Remarks:
The Power of Attorney dated April 24, 2014 is incorporated herein by reference.

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